Ariadne is live! Incentivised Aurora farms, charity for Ukraine and more!
The Beta is over, the product is live! You can now allocate USDT (and more stables are coming) on a given chain, start farming on another chain without bridging or swapping, and pour the profits back into it. We currently support investments from Polygon, Fantom, and BSC. Solana and Avalanche contracts are ready and coming up next.
There’s more in this release. Let’s jump in!
1. Farming from BNB chain, Polygon.
Once you have invested in a farm using the “invest” option, meaning that “in a galaxy far away”, your USDT has been bridged/swapped/invested to that given farm, on any given chain and farm, you are getting third tokens as a yield (say, you farm ETH/DAI but get MATIC as a reward). These rewards are harvested and compounded, boosting your “original” APY.
The number of farms will be limited at the start (we focus on high performers and the ones that we partner with), but we will open new ones as demand grows:
USDT/USDC on Trisolaris (Aurora), 7% at the time of writing + incentives. Even a “low” incentive amount would give approximately 10% in incentives = 17% on stables (!)
BSTN-NEAR on Trisolaris (Aurora), 250% at the time of writing + ARDN incentives (!)
We are providing 100,000 ARDN for marketing incentives and will sponsor bridge/swap fees and incentivize till supplies last.
ALL incentives start Monday 2/05/2022 at 08:00 EST.
2. Farming from other chains (with no ARDN there)
We are adding more chains to provide USDT from but at start they will not include the incentives — this is a matter of days/weeks.
3. Charity farms for Ukraine
These are special farms where all the yield is donated to support Ukraine’s citizens severely affected by the war.
100% is matched by our partners, Aurora, using 1300 $AURORA tokens till supplies last. If you farm here, you are donating 2x of the yield to help Ukraine. You can stop and withdraw funds at any time.
We will be publishing reports of funds raised and donated with TX ids from us to Ukraine’s crypto charity funds.
Soon to launch:
- Updated staking and locked staking will maximize your farming rewards.
- Pools on more networks where ARDN is live to increase liquidity.
How to start farming via Ariadne:
- Go to https://app.ariadne.finance/
- Select a compatible network (BNB chain and Polygon for incentivized farming, Fantom for simple farming with compounding, and Solana/Avalanche (coming soon).
- Make sure your wallet has USDT on Polygon or BNB Chain (you can provide USDT on Fantom and enjoy the extra compouding, but the incentive (yet).
- Unlock the token and invest.
- Wait for the queue to be processed (can vary, depending on the status of chains and investment amount), but less than 24 hours. Once it’s processed and invested, your money will start working in the farm pool of your choice.
- Stake the current farming amount to receive ARDN incentives (for this you need the queue to be processed; we will later set up browser notifications.
That’s it!!!