Last updated: 14 September 2022 10:47 AM
Added UI link (deposit/withdrawals are disabled currently for security reasons)
All the protocols need liquidity in form of LPs (liquidity pairs) to grow and facilitate buying and selling of their tokens without high slippage.
To incentivize users to provide liquidity, protocols offer their tokens as rewards with high APR.
But even with this incentive, users are afraid to provide LPs due to fear of losing their investment to IL (impermanent loss).
A solution is needed which can provide users with high APR while keeping their risks to the minimum.
This is where our solution of **PDN (Pseudo-Delta Neutral) Strategy by leveraged yield farming **comes in.
It allows users to earn high farming yield, and provide liquidity to protocols while minimizing the risks at the same time.
Also if users are short or long at a particular token, they can take that position too while still earning farming yield and providing liquidity to the protocols.
Further information on Objectives, Implementation, and weekly milestones can be found in this document: PDN Strategies by Leveraged Yield Farming