đ¨âđžMulti-liquidity leverage yield farming
Yield farming is the biggest growth driver of the still-nascent deFi sector.
Last updated
Yield farming is the biggest growth driver of the still-nascent deFi sector.
Last updated
Instead of depending on one principle decentralized exchange, Pacman finance is providing multi-liquidity leverage yield farming combines multiple liquidity pools and leverages them to maximize returns.
Popular DEX platforms on arbitrum like Uniswap, Sushiswap, and ZyberSwap all offer different liquidity pools with varying rewards and risks. Pacman finance will open a leverage position on ETH-USDC pair for each dex with high trading volumes to ensure that the liquidity pools have sufficient demand (The reason to add WETH_USDC first is this pair usually occupies 50% of liquidity for most DEX). The decision-making process for determining the new DEX and pairs will become more sophisticated. In the future, the community will be able to participate in a governance process that involves voting for or against proposals submitted by veToken holders.
Since most decentralized exchanges (DEXs) on Arbitrum operate using different governance models, Pacman Finance will be utilized as a middleware layer to provide normal users with decentralized yield farming services. The advantages will be :
LPs' share of fees is adjusted dynamically to target the optimal level of liquidity
Protocols(Dexes on Arbitrum) are able to bribe vePAC holders to cheaply secure permanent liquidity