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: 58.62%(-0.24%/24h)
ETH Dominance: 12.22%(+0.07%/24h)
Defi Market Cap: $104.95B(-44.43%/24h)
Total Market Cap: $3070.42B(+0.02%/24h)
Total Trading Volume 24h: $109.85B(-28.79%/24h)
ETH Market Cap: $375.07B
Defi to ETH Ratio: 27.98%
Defi Dominance: 3.32%
Altcoin Market Cap: $1270.67B
Altcoin Volume 24h: $41.96B
Total Cryptocurrencies: 36686
Active Cryptocurrencies: 9018
Active Market Pairs: 116808
Active Exchanges: 905
Total Exchanges: 11602
BTC: 90151.69$(0.07%/1H)
ETH: 3108.13$(0.18%/1H)
AVAX: 13.37$(0.01%/1H)
BNB: 895.67$(-0.08%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.41$(0.2%/1H)
DOT: 2.03$(-0.28%/1H)
UNI: 5.45$(0.03%/1H)
CAKE: 2.26$(-0%/1H)
SUSHI: 0.33$(0.06%/1H)
ONE: 0$(-0.23%/1H)