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: 58.28%(+0.20%/24h)
ETH Dominance: 9.04%(-0.35%/24h)
Defi Market Cap: $0B(+9.71%/24h)
Total Market Cap: $2097.15B(-1.65%/24h)
Total Trading Volume 24h: $166.93B(+32.83%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $875B
Altcoin Volume 24h: $95.55B
Total Cryptocurrencies: 37704
Active Cryptocurrencies: 8250
Active Market Pairs: 113746
Active Exchanges: 947
Total Exchanges: 12224
BTC: 60982.28$(1.57%/1H)
ETH: 1571.65$(3.04%/1H)
AVAX: 6.63$(4.7%/1H)
BNB: 576.45$(2.33%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.15$(3.66%/1H)
DOT: 0.93$(4.47%/1H)
UNI: 2.42$(3.31%/1H)
CAKE: 1.17$(3.04%/1H)
SUSHI: 0.17$(2.89%/1H)
ONE: 0$(4.7%/1H)