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

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ETH Dominance: 8.3%(0.00%/24h)
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ETH Market Cap: $226.19B
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Defi Dominance: 2.88%
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Altcoin Volume 24h: $49.32B
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