Boost your Profit with Ternoa and Beefy Finance’s 634% APY Vault

In this article, we will share with you the details of our new collaboration with Beefy.Finance, featuring returns of up to 634%

Ternoa, the blockchain that created the $CAPS token and the use of NFTs to transmit data through time, is happy to announce a new investment opportunity, this time in decentralized finance (DeFi). We are talking about a new vault to stake $CAPS together with $BNB (Binance Coin) in Beefy Finance, an amazing multi-chain vault system.

The most remarkable fact of this liquidity pool has to do with its returns: we are talking about 634% APY. That’s 0.55% daily! This exclusive APY boost for $CAPS investors is the latest initiative from Ternoa to promote the use of our token, and is also a step further towards increased exposure of our project. But let’s take a look at how users can take advantage of initiatives like these.

How can I benefit from this liquidity pool?

As we mentioned before, Ternoa has joined Beefy Finance, a “multichain yield optimizer”. You might be wondering what a “yield optimizer” is. This has to do with the fact that the interest generated by staking tokens is compounded automatically: instead of having to re-stake the assets together with its interests, the vault works automatically, so all interest generated in the form of tokens is re-deposited onto the original pool. Besides, this vault is based off Ternoa’s $CAPS/$BNB pool on ApeSwap, therefore adding liquidity to the Beefy.Finance vault will also add it to the ApeSwap pool.

You have two options to try out: on the first one, you can stake your $CAPS and $BNB on the liquidity pool and obtain 634% APY. But Beefy Finance, like many other pools, also includes a “Launchpool”, featuring new projects. This is where Ternoa’s $CAPS come in. You can try the launchpool and stake stable tokens in order to obtain more stable tokens + $CAPS. The supported stable tokens for this special product are $USDT (Tether), $USDC (USD Coin), DAI and $BUSD (Binance Dollar).

Want to start boosting your profits? Head up to https://app.beefy.finance/#/vault/banana-caps-bnb and start staking now!

What’s next for $CAPS holders?

This is a great time to be a $CAPS investor! Our token was recently listed on AscendEX, and even two new rewards programs were added to the $CAPS PancakeSwap LP. Of course, if you plan to invest in staking or trading, we advise you to DYOR.

As you can imagine, there are many more important announcements to come for $CAPS holders, this is just the beginning of our adventure after all!. But how can you stay up to date with all the news and developments of the Ternoa project? You can follow us on our social media on our Twitter or Telegram accounts.