So far in this week, Alpha Homora has launched support for oracle players and lending protocols.
Today, we continue to show support for Synthetix community by adding ETH/SNX and ETH/sUSD leveraged yield farming pools that are on SushiSwap.
- ETH/SNX pool with 1.75x leverage
- ETH/sUSD pool with 2.0x leverage
For those who prefer leveraged liquidity providing instead, they can also select 1.75x leverage ETH/SNX pool that is from Uniswap, which Alpha Homora has been supporting under 'Liquidity Providing' section.
So what do leveraged yield farmers gain?
- Earn ALPHA as a part of Alpha Homora Liquidity Mining (2A) program 💥
- Automatically stake SLP token for you on SushiSwap, so you can earn SUSHI
- Earn SUSHI on leverage
- SUSHI earned is automatically reinvested and added to your yield farming position
- Earn trading fees on leverage for providing liquidity to pools
- Can farm with just one token (e.g. no need to have both ETH and SNX for ETH/SNX pool)
- We will automatically and optimally swap roughly half of your supplied token to another token, so you can provide liquidity to the pool on Sushiswap to get a share of trading fees and get SLP token
For detailed step-by-step on how to farm, see here.
About Alpha Finance Lab
Alpha Finance Lab is an ecosystem of cross-chain DeFi products that will interoperate to bring optimal alpha returns to users. Alpha products focus on capturing unaddressed demand in DeFi in an innovative and user friendly way.