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: 59.21%(-0.54%/24h)
ETH Dominance: 11.24%(0.00%/24h)
Defi Market Cap: $0B(+57.37%/24h)
Total Market Cap: $2617.27B(+3.37%/24h)
Total Trading Volume 24h: $188.19B(+36.76%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1067.62B
Altcoin Volume 24h: $114.99B
Total Cryptocurrencies: 39306
Active Cryptocurrencies: 8037
Active Market Pairs: 111370
Active Exchanges: 970
Total Exchanges: 12698
BTC: 77161.66$(-1.38%/1H)
ETH: 2439.82$(-2.83%/1H)
AVAX: 7.66$(-5.67%/1H)
BNB: 695.06$(-2.87%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.23$(-6.83%/1H)
DOT: 0.95$(-5.2%/1H)
UNI: 4.07$(-7.61%/1H)
CAKE: 1.77$(-3.13%/1H)
SUSHI: 0.2$(-6.29%/1H)
ONE: 0$(-6.73%/1H)