SolFarm v1 Is Open

Published on: 04.05.2021
SolFarm v1 Is Open

SolFarm v1 vaults have launched and support Raydium LP token deposits.

Raydium LP token deposits are for the following vaults:

  • RAY-USDT
  • RAY-USDC
  • RAY-SRM
  • RAY-SOL
  • RAY-ETH
  • STEP-USDC
  • MEDIA-USDC

Farmers only need to deposit LP tokens, and the rest of the work is done by the vault.

The fee structure at launch will consist of the following:

  • Controller fee: 0.01%
  • Platform Fee: 0.1%
  • Vault Fees: 0.0%
  • No deposit/withdrawal fees

The fees are subject to change in the future based on the needs of the platform.

What is SolFarm?

SolFarm is a decentralized yield aggregator on built ground up, being the first of its kind in the Solana ecosystem.

πŸ“° INFO:

https://solfarm.medium.com/solfarm-v1-is-now-open-for-harvest-f0a69ef8ae64

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