Apricot Finance
AMPLIFY YOUR YIELD, SAFEGUARD YOUR ASSETS ON SOLANA
Apricot Finance is a next-generation DeFi platform built on Solana, offering leveraged yield farming, lending, and automated risk management through its innovative tools like X-Farm and Apricot Assist
WHY WE INVESTED IN APRICOT FINANCE
Apricot Finance has innovative features that combine leveraged yield farming with automated risk management on the fast and cost-effective Solana blockchain. The platform's X-Farm feature allows users to amplify their returns by borrowing up to 3x their collateral for yield farming, while Apricot Assist provides customizable safeguards against liquidation risks, offering both high returns and capital protection. These unique tools make Apricot an attractive investment opportunity in the DeFi space.
WHAT ARE THE KEY ADVANTAGE OF APRICOT
Apricot Lend allows users to deposit assets such as SOL, BTC, USDT, or USDC into lending pools to earn passive interest while simultaneously utilizing their deposits as collateral to borrow other assets. This dual functionality helps users to leverage their positions by accessing additional capital without liquidating their holdings. Borrowing rates are dynamically adjusted, offering users a flexible and efficient way to deploy their assets across various decentralized finance (DeFi) strategies.
X-Farm introduces leveraged yield farming where users can borrow up to 3x the value of their deposited collateral (e.g., SOL or BTC) to farm liquidity pairs like USDT-USDC without needing to own these stablecoins initially. Borrowed assets are automatically pooled and staked for liquidity, resulting in enhanced farming yields that are compounded periodically. This cross-margin approach allows users to maximize their returns without having to sell their original assets, offering an efficient way to generate high yields on leveraged positions.
Apricot Assist is an automated risk management tool that protects users from liquidation risks associated with leveraged farming. It allows users to customize specific thresholds, such as when their borrow limit is reached, at which point the tool will automatically sell or redeem assets to repay debt and restore account health. By defining when and how much to deleverage, users can maintain greater control over their positions while avoiding the forced liquidation of their assets, making it a powerful tool for maintaining safety in volatile market conditions.
This combination of lending, leveraged farming, and automated risk management makes Apricot Finance a powerful tool for users looking to maximize returns while minimizing risk in the DeFi space.
Key Team Members:
- ACE Tsui – Co-Founder
Ace co-founded PONTON COIN, which brings stamp and coin trading to the electronic market. He also served as a consultant in Accenture. His combined experience as a entrepreneur and an Accenture consultant demonstrates his versatility.
We are thrilled to have supported Apricot Finance in its Seed Round.
Shaping the
future of Web3
smart capital meets
strategic innovation
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