Lydia Finance Review

Lydia Finance is a rich-featured DEX. With farms, compounders, and a launchpad for new tokens.

DEX

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You can swap tokens on Lydia Finance
Liquidity isn’t as rich as competitors; Pangolin, Trader Joe
Liquidity for their native tokens is good; MAXI, LYD.
You can provide liquidity to their DEX for .3% trading fees, and farming.

Farms

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Lydia offers a lot of different farms.
They incentivize several tokens. Offer many AVAX pairs.
Rewards are pretty good. Outperforming a lot of competitor DEX farms.
Though the rewards are high, farmers are still susceptible to impermanent loss.

Electrum Pools

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Electrum pools are Lydia’s single-sided staking options.
The rewards are okay when compared with competitors.
They are quite popular, so the block reward emissions are somewhat saturated.
Great if you’re looking to hold LYD. You can single stake and earn more from your holdings.

Maximizer Farms

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Maximizer farms are Lydia’s yield optimizers.
They only support Lydia farms, but the rewards are fair.
Unlike common yield optimizers, Lydia compounds rewards in single staking.
LP does not grow while in the Maximizer farms.
These farms are the precursor to their yield optimizer; Maximus.

Launchpad

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Lydia supports new projects with their launchpad.
By staking LYD/AVAX LP in the launchpad, you can claim allocation in their launches.
So far, Lydia has launched projects like Everest DAO and Maximus.
Their offerings aren’t as regular as Avalaunch, for example. But still, a launchpad to listen for updates from.
There are often two sales. Basic scales, capped. Unlimited sales, uncapped with a fee.

Lottery

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Users can enter into Lydia Lottery to win larger sums.
The lottery is a zero-sum game. It is not profitable long-term. Money put in is less than what comes out.
Lydia’s team pump up the jackpots with tokens, which can make the game profitable.
Jackpot sizes are quite good. Though, they’re also a rarity.

LYD Gate

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Lydia have a one-way BSC bridge.
They make it simple for people to move funds from Binance Smart Chain to Avalanche.

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