Augmented Finance on Avalanche is Live! High APYs for 13 Tokens. Unique Lending Pools for MIM, SPELL, JOE, UST

Augmented Finance
3 min readFeb 2, 2022

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Summary

  • Augmented Finance launched on Avalanche and opened lending pools for 13 most popular tokens, including MIM, SPELL, JOE and UST that Avalanche users were unable to lend and borrow previously
  • 2,000,000 AGF airdrop to early users of Augmented Finance on Avalanche
  • Augmented Finance’s yields on Avalanche for liquidity providers are much higher than in Aave and Benqi
  • Earn incredible yields for staking AGF and TraderJoe AGF-AVAX LPs!
  • Augmented Finance is secure and audited by PeckShield

After the successful Augmented Finance launch on Ethereum and Binance Smart Chain, we’re thrilled to announce that Augmented Finance’s high-yield lending and low rate borrowing pools are now available on Avalanche.

Avalanche is the fastest smart contracts platform with the most validators securing its activity of any proof-of-stake protocol and low tx fees, which make it a perfect chain for DeFi. DeFi lending on Avalanche was missing such important tokens as MIM, SPELL, JOE and UST, whose market cap on Avalanche is above $2 billion USD!

The time has come and we are happy to give the holders of 13 most popular tokens on Avalanche, incl. MIM, SPELL, JOE and UST tokens an opportunity to earn high yields with Augmented Finance.

Augmented Finance’s vision to create the foundation for multichain liquidity is getting real. Augmented is building a DeFi liquidity protocol with full cross-chain compatibility to merge the liquidity across all chains and let users lend and borrow any assets on various chains simultaneously.

2,000,000 AGF airdrop to Early Users of Augmented Finance on Avalanche

Following Augmented Finance’s launch on Avalanche🔺, we’re making an airdrop of 2,000,000 AGF to early users of Augmented Finance on Avalanche to boost liquidity!

AGF tokens will be airdropped to early users of Augmented Finance on Avalanche who supply any assets to Augmented Finance’s lending pools. Distribution will be weighted by the amount of assets supplied and the period assets stayed in the lending pools.

Read details about the airdrop here: [ ]

Why Augmented Finance on Avalanche is great:

📈 High APY

  • High APY on 13 most popular tokens on Avalanche with accelerated yield farming
  • 4x APY boost with via staking AGF token
  • High APY on staking TraderJoe AGF-AVAX LPs

💥 Unique lending pools (not available on Aave and Benqi)

  • Magic Internet Money MIM
  • Abracadabra SPELL
  • TraderJoe JOE
  • TerraUSD UST

🔓 Top security

👌 Easy to use

  • User-friendly interface
  • 24/7 user support in Discord

Enjoy incredible yields for staking TraderJoe AGF-AVAX LPs!

Stake AGF-AVAX TraderJoe LPs and get up to 10,000% APY

It’s Easy to Maximize Your Yield on Augmented Finance on Avalanche

  1. Go to https://app.augmented.finance/avalanche
  2. Make sure that your Metamask or another wallet is connected to Avalanche Mainnet C-Chain
  3. Supply any assets (follow the step-by-step guide)
  4. Check yield maximization strategies on Augmented Finance
  5. Enjoy Augmented yields with 1,000%+ APYs 🤑

About Augmented Finance

Augmented Finance is a next-gen DeFi liquidity protocol with full cross-chain compatibility to merge the liquidity across all chains and let users lend and borrow on various chains simultaneously.

Augmented Finance is building the foundation for multi-chain liquidity and supporting a long-tail of emerging digital assets to let users put these assets to work while maintaining exposure to their long-term value.

Join our Discord, Twitter, Telegram, Reddit, and Medium to stay informed on our updates and news.

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Augmented Finance

Augmented is on a mission to build an open, efficient, and globally accessible financial system. https://www.augmented.finance/