DeFi Yield on Polkadot with DOT Finance πŸ”₯


Dot Finance is a DeFi yield aggregator for the Polkadot Ecosystem. It currently allows you to increase the APY on your Pancake Swap Liquidity Provider tokens by compounding your CAKE earnings at the optimal frequency. Although the project currently works with Pancake Swap Liquidity tokens, future features will include a Polkadot Index as well as a DEX aggregator.

#DeFi #DOT #PINK

Timestamps
00:00 Introduction
01:42 Overview and Features
04:50 Dot Finance App
05:38 Getting LP Tokens from PCS
08:15 Depositing LP on Dot Finance
09:23 Staking Pink
11:56 Tokenomics
15:30 Conclusion

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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
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References
https://dot.finance/
https://pancakeswap.finance/
https://www.coingecko.com/en/coins/pink
https://twitter.com/dot_finance

Easy To Use Guide
https://docs.dot.finance/guides/how-to-guide

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