StellaSwap extended synergies with Crystl Finance to facilitate greater exposure of their native token — CRYSTL — within the Moonbeam ecosystem.

Crystl Finance a yield optimizer that has pioneered a new kind of automated vaults called ultra farms. Crystl currently live on Polygon, Binance Chain, Cronos and just recently, Moonbeam.

There are two main launches around CRYSTL token.

CRYSTL Airdropfor xSTELLA Holders

They’re happy to announce that CRYSTL will be the first project token listed under the xSTELLA partner facility.

This means that xSTELLA holders would be able to earn CRYSTL tokens by simply staking their xSTELLA into the CRYSTL pool once it goes live. Yes, free money! xSTELLA is StellaSwap’s yield-bearing token that will always increase in value, as fees from every trade (0.05%) would be used to buyback STELLA in the market to reward xSTELLA stakers.

CRYSTL xSTELLA Pool Details

• CRYSTL (xSTELLA) Pool Launch: 19 Aug| 14:00 UTC
• Total Rewards: $5,000 worth of CRYSTL tokens
• Pool Duration: 1 Month
• Eligibility: 1) Possess xSTELLA & 2) Stake xSTELLA into CRYSTL pool

In order to be eligible for the airdrop, all you have to do is stake your xSTELLA into the CRYSTL pool under the xSTELLA project partner facility. If you do not have xSTELLA, you need to get some STELLA and convert them into xSTELLA here> Convert STELLA into xSTELLA.

CRYSTL Farm Launch

If that wasn’t enough, we would also be launching a CRYSTL-GLMR farm for users to swap CRYSTL efficiently!

Here are the details for CRYSTL farm launch coming up tomorrow;

• Launch: CRYSTL— GLMR
• Farm Type: Single-Rewards
• Reward Token: STELLA
• Date: 19 August| 14:00 UTC

The post StellaSwap Extended Synergies With Crystl Finance appeared first on Smart Liquidity Research.

Crystl Finance Partnership With StellaSwap. StellaSwap is the leading DEX (decentralized exchange) bringing a suite of DeFi tools; token swaps, yield farming, and much more to the Moonbeam network.

Crystl Finance aims to deliver an array of innovative automation products & strategies for StellaSwap farms so that users may earn Maximized Passive Income completely hands free. Our goal is to empower the StellaSwap ecosystem with holistic strategies that help to build liquidity and stabilize prices for $STELLA and other Moonbeam tokens.

Dual Reward Ultra Farms

StellaSwap users on Moonbeam will now have access to a completely revolutionary and never-before-seen automation product in the form of Dual Reward Ultra Farms. The following strategies are now live and fully operational on Crystl Finance:

• Stake $xcDOT+$wGLMR
  → Earn $wGLMR+$STELLA (Auto-Compounding)
• Stake $wGLMR+$USDC
  →Earn $wGLMR+$STELLA (Auto-Compounding)

Auto-Compounding

Dual Reward Ultra Farms are the most efficient & convenient way to maximize your earnings in $wGLMR+$STELLA!

The service automatically converts your yield earnings into $wGLMR+$STELLA LP, this LP is then staked on StellaSwap’s farm for additional yield — and this secondary yield is then again perpetually reinvested into more LP.

If that sounds complicated, don’t worry! All you have to understand is that by using Dual Reward Ultra Farms on Crystl Finance you will get the maximum possible rate of return in $wGLMR+$STELLA from StellaSwap farms without ever lifting a finger or spending on gas fees you’d normally pay to perform the process manually.

V3 Vaults (Traditional Yield Aggregation)

In addition to the innovative Dual Reward Ultra Farms mentioned above, Crystl Finance also offers the following Auto-Compounding Vaults for StellaSwap LPs:

• Stake & Earn: $wGLMR+$WELL
• Stake & Earn: $wGLMR+$STELLA
• Stake & Earn: $wGLMR+$USDC
• Stake & Earn: $xcDOT+$wGLMR
• Stake & Earn: $wGLMR+$wETH
• Stake & Earn: $wGLMR+$wBTC

About Crystl Finance

Crystl Finance is an innovative yield automation platform offering secure, transparent, & decentralized solutions for maximized passive income. Our protocols are audited by HashEx and are available on a variety of blockchains including: BNB, Polygon, Cronos, and Moonbeam.

Website | Twitter |

About StellaSwap

StellaSwap the first and leading Moonbeam DEX that offers an integrated gateway to the DeFi world. Users can swap, earn, yield farm, bridge assets, explore new projects and engage in NFT trading all from a single unified platform. StellaSwap’s products are structured in such a way that facilitates decentralized governance of STELLA holders, while continuing to innovate on the collective foundations by design.

Website | Twitter |

Source

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