Introducing Cross Yield: High-Powered Multi-Chain Yield Optimization on Binance Smart Chain, Avalanche, and Polygon

Published on: 07.10.2021

Launching in October 2021. Audits are underway. The release date is imminent.

đŸ’„They are launching a multi-chain yield aggregator called Cross Yield with insanely optimized strategies on Binance Smart Chain, Avalanche, and soon after Polygon;

đŸ’„It has passed audits and waiting on a few more to come back before officially launching;

đŸ’„The name for the yield IOU tokens will be HotYield because it’s hot;

đŸ’„These tokens may sometimes also be used on Cross Pool to get an additional yield on top of yield—DeFi composability at its finest;

đŸ’„The launch date for this product is a few weeks from now pending final signoff;

đŸ’„HOTCROSS & HOTVIP stakers will benefit from this. More on that soon;

đŸ’„ Absolutely do not attempt to interact with mainnet smart contracts randomly or you may get rekt without question. Slow and steady we go; the launch is imminent.

 

Hot Cross is offering Cross Pool but also leveraging the thousands of yield opportunities on Binance Smart Chain, Avalanche, Polygon, and others through AMM farms like PCS, ApeSwap, Trader Joe, Pangolin, QuickSwap, DYFN, and also Cross Pools themselves.

This helps HOTCROSS LPs, HOTCROSS stakers, and soon HOTVIP stakers in that it will be possible to get more sustainable yield through their suite of products but not in a way that is destructive to the platform.

They are tool builders, not a farming buffet, so instead of promising ridiculously high yield on the base asset of our protocol—HOTCROSS—they had rather leverage yield across the entire multi-chain ecosystem along with dashes of HOTCROSS incentives to keep everyone happy at the same time.

With this launches, expect there to be an incentivized program for people who enter Cross Yield and take their receipt tokens over to Cross Pool.

 

About Hot Cross

Hot Cross is an extensive multi-chain and cross-chain tool suite that enables blockchain teams and their communities to thrive. At its core, Hot Cross aims to be the best toolbox for ETH and EVM networks. Their development philosophy is agile, and they are a cohort of builders who aggressively seek out opportunities to meet the demands of the now for both B2B and B2C. The core thesis that Hot Cross presents is that users and teams will migrate in part to new networks that feel familiar when presented with good tooling and freedom. Hot Cross is a company and an ecosystem in and of itself, and our goals are towards allowing communities to flourish using our technologies, whether or not they know we are the ones building them.

Website | GitHub | Twitter | Telegram | Chat | Reddit | Instagram | Facebook

 

SOURCE; https://updates.hotcross.com/p/cross-yield

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