🍔 TraderJoe Auto-Compound Vault
By providing LP tokens from TraderJoe in in BNBS, users can:
harvest 100% of earnings from TraderJoe
auto harvest LP profits from TraderJoe and reinvest back
get $BNBS tokens through inflationary rewards
We expect the APYs will be 2 - 3X of what you provide on TraderJoe. Eg: if your AVAX-WETH LP gives you X% APY, by letting us help you auto harvest and get $DM rewards, your APY will increase to 2 - 3X. Very importantly, each pool is different so DYOR.
| Description | |
|---|---|
Method | Deposit TraderJoe V2 LP tokens into vault to earn $BNBS inflationary rewards. Yields from LP tokens are reinvested to further enhance returns. |
Yield Source | Tradejoe farm yields and BNBS |
Principal Protection | No principal risk. No credit risk as LP in the vault is not lent out. |
Principal Lockup | No lock up, able to withdraw principal anytime. |
Payout | Payout in tokens from TraderJoe farms (eg:$JOE) & $BNBS. |
Start date | Q1 2022 |
Withdrawal Fees | 0.5% withdrawal fee |
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