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

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BTC Dominance: 64.43%(0.00%/24h)
ETH Dominance: 9.25%(+0.01%/24h)
Defi Market Cap: $107.4B(-3.63%/24h)
Total Market Cap: $3384.35B(+0.58%/24h)
Total Trading Volume 24h: $115.56B(-9.41%/24h)
ETH Market Cap: $312.84B
Defi to ETH Ratio: 34.33%
Defi Dominance: 3.1%
Altcoin Market Cap: $1203.79B
Altcoin Volume 24h: $65.38B
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