Bunny Finance Leveraged Yield Farming!
Bunny Finance are excited to announce that leveraged yield farming is now available on Bunny. Leveraged yield farming allows farmers to maximize farming profits by borrowing additional liquidity to increase an asset position that has been provided as collateral.
As a yield farmer, this process is summarized by the following key steps:
1. Supply a supported single asset or LP token.
2. Set your level of leverage.
3. Choose the type of assets you would like to borrow.
How to engage in leveraged farming:
1. Go to pancakebunny.finance and connect your wallet.
2. Select your desired vault for leveraged farming.
3. Enter the amount of assets you would like to supply and click “Next”.
4. Set the leverage level you would like to enter at.
5. Choose the type of assets and ratio you would like to borrow and click “Next”.
6. Click the Details tab to see your position breakdown and click “Confirm” to complete the transaction.
7. Go to the Dashboard to review the details of your position. Note that your position will be liquidated when your Debt Ratio exceeds the liquidation threshold.
About MOUND
MOUND is the innovative team behind Pancake Bunny, one of the leading DeFi platforms on BSC. Team MOUND is composed of developers and entrepreneurs with extensive experience across games, social platforms, quantitative financial services, and blockchain projects.
About PancakeBunny
One of the most popular auto-compounding yield aggregators on the Binance Smart Chain.