The Vaultka platform has launched a new LP strategy "ALP Leverage," supporting up to 10x leverage

2023-12-20 19:27:05
Collection

ChainCatcher news, according to official sources, the perpetual contract trading liquidity platform Vaultka in the Arbitrum ecosystem has announced the launch of a new LP strategy ------ ALP Leverage. It is reported that ALP can be minted from various assets, including volatile assets like BTC and ETH. In the ALP Leverage Vault, users deposit USDC.e and achieve leverage by borrowing additional funds from the USDC.e lending pool at the cost of splitting rewards. The minted ALP will be staked in Pancake Swap Syrup Pools to earn additional CAKE rewards, and users can claim leveraged CAKE rewards on Vaultka's page.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators