AutoFarm, a massive low-fee yield farming aggregator, announced they would be adding 17 vaults to their platform from Wault Finance and PancakeSwap.
New Vaults
On May 15th 2021, AutoFarm came out with the news that they would be adding more vaults to their platform. The news is good for Wault Finance and PancakeSwap , as more exposure should help the platforms stake further value. AutoFarm also seems excited about the additions, as the massive Binance Smart Chain yield optimizer continues to grow with the addition of more vaults. Wault Finance is bringing over 12 new vaults to AutoFarm (offering attractive WEX rewards) and 5 new vaults from PancakeSwap.
The 12 new Wault Finance Vaults on AutoFarm include:
WEX
WBNB-WEX
WBNB-WAULT
WBNB-BUSD
WBNB-BTCB
WBNB-ETH
WBNB-USDT
WBNB-DOT
BUSD-USDT
BUSD-BTCB
BUSD-DAI
BUSD-ETH
The 5 new PancakeSwap Vaults include:
WBNB-BTT
WBNB-TRX
WBNB-WIN
BUSD-MATH
BUSD-KUN
The Significance
The addition of new vaults to AutoFarm is exciting for the platform. The APYs at the moment look very attractive and are worth checking out for any interested yield farmer. These are some of the hottest LPs around at the moment. AutoFarm investors also secure a win, adding new vaults, thus showing growth, AutoFarm adding new vaults from Wault Finance and PancakeSwap hopefully will mutually benefit all the major players involved.
What is AutoFarm?
Autofarm is a cross-chain yield aggregator that enables users to get the return on their assets from yield farming pools by simply staking in Autofarm vaults. What separates AutoFarm from other farming projects is AutoFarm has some of the lowest fees in the market. AutoFarm has two main products: Vaults, which auto-compound yields and Swap, a DEX aggregator.
What is WaultSwap?
Wault Finance is a decentralized finance hub that plans to connect all the primary DeFi use-cases within one simple ecosystem, on the Binance Smart Chain. In short, an All-in-one DeFi Platform!
What is PancakeSwap?
PancakeSwap is the leading decentralized exchange on Binance Smart Chain, with the highest trading volumes in the market. PancakeSwap runs on Binance Smart Chain, a blockchain with much lower transaction costs than Ethereum or Bitcoin. Trading fees are lower than other top decentralized exchanges too, so that’s a double win for you!
Source : bsc.news
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