THE CONTRIBUTIONS OF MERLIN VAULTS TO YIELD FARMING ON BINANCE SMART CHAIN

in #merlinlab3 years ago

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Yield Farming is a revolutionary income model that was ushered into the cryptocurrency ecosystem following the launch of Decentralized Finance (DeFi).

Yield Farming is an income model that allows cryptocurrency holders to invest a part of their crypto assets in the liquidity pools. In return, these crypto asset holders are rewarded with more crypto assets. In some cases, the holders will be rewarded with the value of their earnings in the corresponding crypto asset they were farming.

PROBLEM WITH TRADITIONAL YIELD FARMING
The traditional way of using Yield Farming on DeFi ecosystems is not always favorable to the interests of the investors.

For example, only a few liquidity pools offer compound interests on the crypto assets staked by the investors. This is in addition to the fact that an all-encompassing DeFi platform would not be sustainable in the current ecosystem.

In light of that, the Merlin Vaults have been launched to address some of the existing issues. These are dedicated vaults where you can stake your crypto assets and earn generous returns that can also be compounded.

THE MERLIN VAULTS DIFFERENCE
Merlin Vaults have more opportunities to offer to DeFi investors, especially those who are passionate about earning passive income from Yield Farming.

At the core of the services offered by the Vaults re the optimal yield strategies that ensure that investors earn compound interests from their staked crypto assets.

THE NEEDLE MOVERS
As much as Merlin Vaults have different services, some of them are mostly important and applicable to the Decentralized Finance (DeFi) ecosystem.

Here are the 2 primary features of Merlin Vaults that help you earn passive income from your crypto assets:
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1- Asset Staking
The first feature is that Merlin Vaults allow the users to stake their crypto assets. Considerations are made for some of the popular cryptocurrencies, such as Binance Coin (BNB), Wrapped BNB (WBNB), Pancake (CAKE) and Tether USD (USDT).

All you have to do to start enjoying the asset staking offers from Merlin Vaults is to stake your crypto assets in the liquidity pool. That way, you will be qualified to earn passive income from the yields that come from those assets.

2- Yield Aggregator
This is the most important feature of Merlin Vaults? Do you want to make more money from your staked crypto assets? It is not always possible to do on some of the decentralized liquidity pools.

That is why you want to prioritize Merlin Vaults when you want to stake your crypto assets. This is partly because of the flexible staking mechanics and mainly because of the Merlin Yield Aggregator that guarantees more income for you.

Ideally, the Merlin Yield Aggregator works in automation to keep reinvesting your staked crypto assets and the interests you earlier made from the assets.

In that case, you can now stake your crypto assets and the Merlin Yield Aggregator will keep reinvesting the assets for you at the end of each staking period.
With consistency, the few crypto assets you staked in the liquidity pool will yield more income than you imagined in a couple of years.

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WRAPPING UP
Compound interests help a great deal in the wealth building game. Consider using the Merlin Vaults to stake and earn compound interests from your staked crypto assets.

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