Lydia Finance Review

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

DEX

• 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

• 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

• 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

• 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

• 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

• 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

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