Yield Farm On Two Platforms at Once: Aave/Compound + Augmented Finance with 250+% APY

TL;DR

  • Holders of Aave and Compound interest-bearing tokens (aTokens & cTokens) can earn up 250+% APY on Augmented Finance;

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Supercharge your yields from Aave and Compound by supplying aTokens and cTokens to Augmented Finance and earn 250+% APY!

Augmented Finance is the DeFi protocol for high-yield lending and low-rate borrowing of digital assets. Launched fairly. With Augmented Finance, you receive additional yields by supplying aTokens from Aave and cTokens from Compound to Augmented Finance.

How does it work?

Holders of Aave and Compound interest-bearing tokens (e.g. aDAI, cUSDC, etc) can supply them and use as collateral, borrow an asset (USDC, USDT, DAI, ETH, WBTC), and then supply borrowed assets to Augmented Finance to generate yields.

Here’s how to do this:

1/ Supply aTokens or cTokens to Augmented Finance — get 95% Supply Rewards APY in AGF tokens for supplying aETH or cETH.

2/ Borrow an asset (USDC, USDT, DAI, ETH, WBTC) — get 116% Borrow Rewards APY in AGF tokens for borrowing USDC. Yes, you’re compensated for borrowing assets.

3/ Supply the asset that you borrowed — get 31% Supply Rewards APY in AGF tokens for supplying USDC.

4/ Stake your agTokens to maximize the amount of AGF rewards you get — receive 6% Stake Rewards APY in AGF tokens for staking agUSDC (interest bearing token that you receive after supplying USDC).

5/ Earn your AGF rewards

6/ “Claim and stake” your rewards in Dashboard to maximize your yields — up to +3,450% Stake Rewards APY in AGF tokens for staking AGF tokens.

Let’s recap, you will earn:

1/ Income from Aave or Compound — 0.35% APY for depositing ETH to Aave

2/ Supply Reward APY on supply of aTokens / cTokens — 95% for supplying cETH or aETH

3/ Borrow Reward APY on the asset you borrowed — 116% APY for borrowing USDC

4/ Supply Reward APY on supplying the asset that you borrowed — 31% Supply Rewards APY for supplying USDC

5/ Yields for staking your agTokens — 6% APY for staking agUSDC

This is a lot of earnings! 🤑 Don’t miss it: these rates won’t last forever!

Pro tip: By staking AGF, you get a 4x yield boost on your supplied, borrowed, and staked assets!

Your yields from Aave / Compound stay yours

There is no reason not to get started.

  • After supplying your aTokens or cTokens to Augmented Finance, you keep your yields from lending pools in Aave and Compound!

Don’t miss out on 250+% extra yields, supply your Aave and Compound tokens to Augmented Finance now!

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

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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/