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The First Period Switch at APWine — What to do?

The first period: Dec 23 2021 - Mar 23 2022 is coming to an end. Here’s what to do if you interacted with APWine during that timeframe.


We are excited to see our first period coming to an end. Launched just 3 months ago on Dec 23 2021, today marks the date of the first period switch across various pools.

Background: Pools at APWine operate in cycles. The main reason for this is that the protocol tokenizes yield of a given period in a fixed-duration manner.

Additionally, the DAO can evaluate whether to continue operating a specific pool or adjust its parameters for its next period.

Pools in the first period:

Mainnet: Stake DAO (xSDT), Paladin (PalPoolStkAave), Lido (stETH), Paraswap (sPSP-4), TrueFI(tfUSDC)

Polygon: Aave (amUSDC), Harvest (f-j4EUR), Beefy (mooATriCrypto3)

What happens next?

The period switch affects various actors in the APWine ecosystem. Let’s go through a scenario for each of them.

🏊 Pools:
Stake DAO (xSDT): paused for maintenance as the token is now being migrated to a new model.

Harvest (f-j4EUR): to be discontinued due to technical issues.

Other pools remain unaffected and are being rolled to the next cycle.

💧 Liquidity Providers:

Head over to your portfolio page -> Liquidity tab to see your all LP tokens.

Here, you’ll be presented with these options for each LP token:

If you’re farming $APW rewards on the Liquidity page, you’ll first need to hit the Unstake button to claim these rewards. Second, use the Claim LP button to receive your liquidity back, which will be converted to iBT e.g. aUSDC.

Suppose you wish to continue providing liquidity to that pool. In that case, you can easily do it by depositing your iBT again to the newly created pool to get PT/FYT, then staking them on the liquidity page to receive an LP token.

🔮 Future-Yield Token (FYT) holders:

You’ve made it! You are now entitled to accrued yield during the period.

Head over to your portfolio page -> Future Yield tab to see your all FYT (marked as expired) tokens.

From here, you’re just one button click away from claiming your yield:

🕹️ Principal Token (PT) holders:

One of our platform’s unique cool features is that PT holders get new FYT at the end of the period as they don’t expire. They’re being rolled to the next period and don’t require any maintenance to stay in the game.

You can sell your PT anytime on our native AMM.

If you have any further questions, head over to our Discord and our mods will be there to assist you.

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APWine pioneers the evolution of yield farming, allowing users to trade unrealised yield. Speculate on the yield generated by DeFi protocols. Hedge risk on your passive revenue by converting it into futures. Capitalize on this growing trend by providing liquidity without worrying about impermanent loss.

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Speculate on the evolution of the yield generated by different DeFi protocols. Hedge your risk on your passive revenue, converting it into futures.

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The protocol allowing you to trade unrealised yield & convert your passive income into Futures.