Balancer Pool Token Farm (BPT)
We're always supporting high grade DeFi legos.
Last updated
We're always supporting high grade DeFi legos.
Last updated
Balancer Pool Token Farms have 1% Deposit fee. It is lower than the usual 3% we charge for single asset due to the rewarding mechanism of Balancer Pool Tokens. Since Balancer launched and incentivized their LP's with rewards, we are able to lower the deposit fee to 1% and compensate the difference with the rewards. This will be paid out to the devs - which directly means we won't have to hurt the native token. This third income stream gives us enough freedom and stability to develop further without any fear of dying out of any reasons. We had to edit the MasterChef accordingly to accept the staking of BPT and the claiming of the rewards. Due to having a wMatic, Balancer & QI claim function we added these tokens to a blacklist. Therefore we can't have these tokens as single asset stake and this ensures that the claim function can't be used in any malicious way.
The Farms are named by the respective tokens it takes to get the BPT. If you press on Details, you will see a Link to follow which redirects you to the right Balancer Pool to add Liquidity and get BPT. Below the list of Farms:
Quickswap Pool 1: BRAIN | WMATIC Balancer Pool 1: USDC | WMATIC | WETH | BAL
Balancer Pool 2: LINK | WETH | | BAL | AAVE
Balancer Pool 3: USDC | LINK | WETH | BAL | AAVE
Balancer Pool 4: WMATIC | USDC | QI | BAL | miMatic
Balancer Pool 5: SUSHI | WMATIC | QI | WETH | QUICK | BAL | ADDY Balancer Pool 6: WBTC | WETH | USDC Balancer Pool 7: SNX | GRT | USDC | WETH