Aegis DeFi Officially Launches Yield Farming
After several months of continuous business & technical development and smooth operation, with smart contract approved by SlowMist, Aegis DeFi now officially launches its Yield Farming with the details as follows:
Latest Operation Statistics:
- By 2020/12/3, Aegis DeFi already supported the lending & borrowing services for assets including the following: ETH, DAI, USDC, ZRX, USDT, BAT, WBTC and JT.
- By 2020/12/3, Aegis DeFi’s TLV reaches a total sum of $472,176.43 (not our all-time high).
- With approval from SlowMist, Aegis DeFi will keep providing lending & borrowing services for our users with reliability, security and profitability.
After the completion of code auditing and trial operation, we are super excited to announce that Aegis DeFi officially launches the Yield Farming on Aegis with rules and details as follows:
Aegis Yield Farming Rules:
- Aegis DeFi now supports the lending & borrowing services of 8 crypto assets: ETH, DAI, USDC, ZRX, USDT, BAT, WBTC and JT, with each asset deployed with one lend pool and one borrowing pool, totalling 16 pools.
- 1.5 AGS tokens will be produced for every ETH block produced. The maximum output of AGS is 8640, which will be distributed to the 16 pools evenly.
- If one pool does not produce any yield, which means there is no deposit or borrowing from that pool, then the output of that pool is 0.
APY rules of Aegis Yield Farming:
Following diagram shows some basics of Yield Farming APY rules:
For more details and assistance regarding product use, please feel free to contact our CMs in Telegram and Discord. We will be very happy to answer your inquiries.
About Aegis
As a DeFi 2.0 protocol, Aegis features more diversified lending services besides over-collateralized lending, such as micro-lending and Unsecured Borrowing. Aegis uses a proprietary AI-powered credit scoring algorithm to assess users’ creditworthiness based on the data provided, and assign an “Aegis Score” to each user, which is similar to traditional risk profile assessments. The Aegis Score determines the maximum credit that a user is allowed to draw down from the liquidity pool, making DeFi services accessible for basically all users. Besides, Aegis also empowers the tokenization of assets and derivatives such as CDS etc.
Social Channels
Discord: https://discord.gg/ht2MN5p
Telegram: https://t.me/AegisEN
Telegram Channel: https://t.me/Aegis_channel
Twitter: https://twitter.com/AegisDeFi
