Introducing Apricot Finance

Published on: 10.09.2021
Introducing Apricot Finance

Apricot is the next-generation lending protocol that maximizes yields through cross-margin leveraged yield farming while covering user downside with an automated self-deleveraging mechanism.

Apricot’s products will help you monetize your assets more efficiently and safely than anything else available on the market.

Apricot is comprised of three products, Lend, X-Farm, and Assist

🔹Apricot Lend 

lending & borrowing

Apricot Lend is base layer protocol where you can deposit selected crypto assets to earn interest. You can also borrow from the platform against your deposited assets as collateral.

🔹Apricot Cross-Farm (X-Farm) 

cross-margin, leveraged yield farming

X-Farm enables users to start leveraged yield farming without the need to own any of the underlying tokens.

🔹Apricot Assist 

automated, self-deleveraging tool

Nobody likes to be liquidated.

Nobody likes the feeling of being watched, forced to endure that ever-present dread of liquidators at the gate, each eager to burst through and profit by ripping away your collateral the moment your account goes underwater.

📰 INFO

https://apricotfinance.medium.com/apricot-next-gen-lending-protocol-6a9d2a291064

Market Stats:
BTC Dominance: 60.62%(+0.10%/24h)
ETH Dominance: 8.7%(+0.09%/24h)
Defi Market Cap: $86.09B(+15.93%/24h)
Total Market Cap: $2821.73B(+3.71%/24h)
Total Trading Volume 24h: $102.87B(+41.07%/24h)
ETH Market Cap: $246.06B
Defi to ETH Ratio: 34.99%
Defi Dominance: 2.95%
Altcoin Market Cap: $1111.13B
Altcoin Volume 24h: $67.53B
Total Cryptocurrencies: 34121
Active Cryptocurrencies: 10558
Active Market Pairs: 102569
Active Exchanges: 813
Total Exchanges: 10222
BTC: 86208.99$(-0.68%/1H)
ETH: 2035.3$(-1.12%/1H)
AVAX: 19.47$(-1.42%/1H)
BNB: 624.19$(0.78%/1H)
MATIC: 0.22$(-0.61%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.73$(-1.3%/1H)
DOT: 4.54$(-0.13%/1H)
UNI: 6.94$(-0.79%/1H)
CAKE: 2.45$(0.49%/1H)
SUSHI: 0.69$(-0.8%/1H)
ONE: 0.01$(-1.76%/1H)