Intorducing SolFarm-The Efficient Solana Yield Aggregator

Published on: 07.06.2021

SolFarm is the first yield aggregation platform built on Solana with auto-compounding vault strategies. $TULIP is its currency that brings a beautiful flowers on its users wallet. Total token supply is 10,000,000 $TULIP. The $TULIP token is designed to shift towards governance.

TULIP will allow holders to vote on matters such as:

  • Platform Fees

  • Treasury Usage

  • Protocol Improvements

  • Pool Reward Weighting

  • Value Accrual such as buy back and burn, profit share

SolFarm Introduce Raydium Fusion Pool

 TULIP-USDC will have its own Fusion pool. The pool will open at 12:00 UTC on June 7th. This pool will emit approximately 150,000 $TULIP (1.5%) over 6 months with an exponential decay curve. This means early farmers will be rewarded with higher APR. SolFarm will be providing more details once the pool has launched.

Supported Protocols

 SolFarm currently supports the following vaults:
Users can deposit their LP tokens into the vault and the strategy will auto-harvest rewards and add to LP via selling half of the rewards.
  • RAY-USDT LP

  • RAY-USDC LP

  • RAY-SRM LP

  • RAY-SOL LP

  • RAY-ETH LP

  • STEP-USDC LP

  • MEDIA-USDC LP

  • COPE-USDC

  • MER-USDC

  • ROPE-USDC

ABOUT SolFarm

SolFarm is the first yield aggregation platform built on Solana with auto-compounding vault strategies. The dApp is designed to take advantage of Solana’s low cost, high efficiency blockchain, allowing the vault strategies to compound frequently. This allows stakers to benefit from higher APYs without requiring active management.

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