As Alpha Homora continues to expand the support of more leveraged yield farming pools, we would like to first bring on the oracle players by supporting ETH/LINK and ETH/BAND pools on SushiSwap.
Alpha Homora now adds:
- ETH/LINK pool with 2.0x leverage
- ETH/BAND pool with 1.75x leverage
So what will 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 LINK for ETH/LINK 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
UI improvement and upgrade
Apart from adding ETH/LINK and ETH/BAND leveraged yield farming pools, we have also took the comments from our community and improved Alpha Homora UI for better user experience!
👉 Firstly, a new look on the Farm page:
👉 Secondly, if you have positions opened, ‘Your Positions’ part is now shown above all the pools:
👉 Thirdly, we have updated how we show your liquidity balance in ibETH/ALPHA pool for better clarity:
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.