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Furucombo Biweekly Update #24

The whole team is currently working hard on a BIG Furucombo upgrade! We’ll release more information when it’s about to go live! Stay tuned, and thank you for being here with us! :) Okay, without further ado, let’s have a look at this edition of the Furucombo Newsletter!

We have some updates about Furucombo Governance to share with you, and we’ve also picked some hot combos covering strategies on SushiSwap and Aave to give you some recipe inspirations!

Furucombo Governance Discussion
SushiSwap — COMBO pool with 2x rewards
Create & Leverage Aave position in one txn

# Furucombo’s Update

✅ Furucombo Governance Discussion

Over the last weeks, Furucombo had an active community discussion around Furucombo Governance. Make sure to participate in the proposal and vote!

We are delighted to see FC's Governance begin to gain structure with more community members engaging!

At the moment, we are discussing the following items:
1. Yes-Vote Quorum threshold
2. Snapshot Portal
3. Amount of COMBO (vCOMBO) needed to submit proposals

Let's shape Furucombo's future - Be better, together!

# Hot combos

✅ SushiSwap — COMBO pool with 2x rewards

SushiSwap added COMBO/WMATIC pool in their farms on the Polygon network. They offer liquidity providers SUSHI token and MATIC token as farming rewards every day!1️⃣ Swap funds to $COMBO
2️⃣ Add liquidity to the COMBO/WMATIC pool
🔗 https://go.furucombo.app/g6Cyc
3️⃣ Stake LP tokens in SushiSwap Farm
Or you can also stake LP tokens to Adamant finance's Sushi - COMBO/WMATIC LP vault to earn auto-compounded rewards and adamant's governance tokens (ADDY).

✅ Create & Leverage Aave position in one txn

This user deposited 300 MATIC as collateral and used leverage strategy to boost 1.43x position's exposure. By doing so, they are able to make a profit when collateral price surges, but they might also get liquidated when the price goes down.

There are at least three approaches to build this strategy (and achieve the same result) on Furucombo! Come and take a look at these interesting combos, which might give you some inspiration to build your own combo strategies!

That’s all for now. Feel free to follow us on Twitter and join our Discord to get in on the conversation! See you there! :)

Want to see more DeFi strategies?
Check out our explore page. You can find up to 50 combos with its own detailed explanation about how it works! And you can also join our Discord server to chat with the community about all the trading strategies & ideas! 😉

Hope you enjoy this week’s content! 🤓

Contact us

If you experience issues that are not covered in this guide, please reach out to the team directly through telegram.

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FURUCOMBO

FURUCOMBO

Build your own DeFi legos into one transaction without knowing how to code.