New $YEL Vaults
Two new $YEL vaults for farmers to explore ft. Yel Finance
Dear Farmers,
The two new vaults just emerged at Harvest in collaboration with Yel Finance, offering high yields.
Let’s take a look at what’s new today 👇
🟢 New Vaults:
- YEL
- YEL-ETH
🍰 Rewards
- YEL: auto compounds $YEL token
- YEL-ETH: Earns $YEL & Sushiswap trading fees
- ⚠️ iFarm rewards for both vaults will start with the next emissions
Background
Yel first launched a pool for $iFARM enhanced with $YEL tokens in early August. The pool saw over $600K of $iFARM deposits at its peak, making Harvest explore other opportunities with Yel.
This cooperation has brought our projects closer together, with Harvest becoming one of the multi-signers for the $YEL contract:
About Yel Finance
Yield Enhancement Labs (YEL) is a multi-chain yield enhancement protocol whose core mission is to help projects gain liquidity across multiple chains while building self-sustainable token economics.
YEL plans to accomplish this by incentivizing investors and simplifying the research process for the best APRs.