What is APY Finance?
APY Finance is most advanced DeFi Project that run on Robo-advisor based yield farming to maximize returns. It uses smart contract which continuous rotate user funds with following latest and best farming strategies. APY Finance said to be DeFi yield farming aggregator that aim to provider best liquidity and prices. Platform connect with top DeFi protocol that include 1inch exchange, Balancer, Uniswap, SushiSwap and more.
APY finance published whitepaper in that project has mentioned top feature that include growth of DeFi with single liquidity, diversified portfolio, maximum saving on gas fees in yield farming, deposit and withdrawal. In order to reduced investment risk, it provides automatic portfolio rebalancing that will optimize risk adjusted yield. In the system there are three type of assets and sequences in that asset include input, intermediary and output asset, similarly every strategy has sequence started with entry then loop and at end Exist.
APY liquidity pool that has different contract which handle deposit and withdrawal of crypto asset. as per use cases this contract can work together to create single liquidity pool. in the unique feature where Risk score for strategy will be displayed and it can be updated through governance.
APY Finance Price Prediction
|Month & Year||APY Price Prediction|
APY Finance Overview
|Project name||APY Finance|
|Based on||Yield farming aggregator|
|All-time high||$3.75 USD|
|Exchange Platform||Uniswap, Hotbit, Balancer, 0x Protocol|
APY ICO Overview
|Raised by||$4,400,000 USD|
|Date of ICO||7th November 2020|
|ICO Price||$0.45 USD|
|Partners||Endetta Capital, The LAO, TRG Capital, Genblock Capital, Cluster Capital, Coingecko.|
APY Price Analysis
APY coin got listed in the market around 3 months back with price of $0.6 USD. Later for few weeks APY.Finance showed bearish run and price of 1APY token dropped up to $0.22 USD. But since last 2 to 3 weeks while all cryotos are showing bullish run, APY coin is also not an exception for this. Today on 12th February 2021, APY coin has grown more than 125% of yesterday price and reach value of $2.96 USD which is almost 5x as that of initial price $0.6 USD.
APY Token is governance token based on ERC-20 standard on Ethereum Blockchain. APY Token voting will be decide platform’s strategies of portfolio, parameter and also new strategy can be added. In the liquidity mining program user will get incentive for liquidity provider with stablecoin and other crypto assets.
How much APY Worth in 5 years.
APY Token can be worth more than $50 USD.
Is APY Token a good investment?
Owning APY Token unlock your entry to decide strategy decisions and platform itself helping user to minimize risk.
APY.Finance receive overwhelming response from top investor like Alameda Research, Arrington XPR capital and ParaFi Capital. The project raised by $4.4 million USD and prices surged by 10 times as of writing. however, Project has unique feature and it updated new strategies in Decentralized finance with providing best and less risky yield for traders. platform gets accurate and best prices along with that they can also catch latest crypto market with better user experience.