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