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Yield Farming Demo: 5x Derivative Tokens on CompliFi

In this video, Andy and Red tackle the world of derivatives and walk through CompliFi's liquidity incentive program earning thousands of %APY

Rob Klages

May 13, 2021

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DeFi Slate Fam:

CompliFi hit the DeFi scene with a BOOM — upon launch, the platform offered insane APY to liquidity providers on their platform.

Now, remember the risks of DeFi. The current APY does not mean that is the interest rate during the whole year, rather that rate is just at a point in time. Over time, as more liquidity is provided, the incentive rate goes down and interest is not earned as quickly.

Although APY won’t always be in the 6 figs, that doesn’t distract from unique offering CompliFi provides with their derivative tokens.

No liquidations, no margin requirements, no more petty interest rates. Watch below to find out how CompliFi works and how these tokens fit into the life of a degen farmer.

NOTE: CompliFi IS a sponsor of DeFi Slate as of recent and we are owners of $COMFI tokens and are currently staking in the ETH/COMFI LP pool. DYOR before investing anywhere.

-Rob

P.S. We’ve just launched our DeFi Degen Community, think of it as an inner circle to getting in early and being on top of all things DeFi. DeFi literally changed my entire career path and life. Read about my story and how you can join us…Its starting to grow steadily…read about it here.

🙏 Big Ups To Our Great Sponsor Aave: Earn Interest & Leverage Your Assets with Aave; a non-custodial money market protocol leading the #DeFi charge.

Shoutout to Frontier.xyz: A Chain-Agnostic DeFi Aggregation Layer Bringing DeFi To The Masses Via Their Mobile App, Download it Now!

Yield Farming Demo: 5x Derivative Tokens on CompliFi

👀 Sponsor Update: mStable provides an autonomous and non-custodial infrastructure for pegged-value crypto assets. Earn maximal APY on mUSD and mBTC by collecting fees generated on lending protocols!

It’s harvest season. Farm like a pro on mstable :)

⚠️ DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. At certain points throughout this post, we might get commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.

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