In this article, we'll be discussing Perps by Growth Defy, a newly launched DeFi platform that offers yield farming, perpetual exchange, and virtual deposit contracts (VDCs). This article is for informational and educational purposes only and is not a financial advice.
Yield Farming
Perps by Growth Defy has recently launched their yield farming platform, where you can earn crazy percentages on annual percentage rate (APR) and annual percentage yield (APY). To get started, visit their website at perps.growthdefy.com and click on the "Yield Farm" option in the menu.
Experbs: The Platform Incentive Token
Experbs is the platform incentive token in Perps by Growth Defy, and you can stake your liquidity provider (LP) tokens to earn Experbs rewards every block. You can also add liquidity to Experbs Farms and earn a high APR, with some pools having an APR over a thousand percent. Additionally, Experbs has liquidity on Pancake Swap and is whitelisted on Binance Smart Chain (BSC) Boxed Finance.
Liquidity Pools
Perps by Growth Defy has a variety of liquidity pools with high APRs, including Experts against Wrapped Binance USD (BUSD) and more. Additionally, they have different tiers that you can choose from, with higher tiers having higher deposit and withdrawal fees, but a higher allocation rate of experts. The highest tier allows for the highest allocation of experts at 46.25%.
Virtual Deposit Contracts (VDCs)
Perps by Growth Defy also offers two separate VDCs, one for Experbs and one for XGrow token, where you can deposit either token into its respective VDC and earn rewards in the form of tokens from the same pool. The VDCs offer a flexible way to earn rewards without having to actively manage your funds.
Conclusion
In conclusion, Perps by Growth Defy offers a variety of DeFi services, including yield farming, perpetual exchange, and VDCs. With their high APRs and flexible options for earning rewards, Perps by Growth Defy is definitely worth checking out. However, please do your own research and consult a financial advisor before making any investment decisions.
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