
What is Yield Yak?
Yield Yak is a Yield Aggregator platform on the Avalanche ecosystem. Yield Yak will help you optimize profits when participating in Yield Farming through the form of Auto-compound Yield.
In other words, Yield Yak is the machine connecting project pieces on Avalanche to create an attractive mechanism to increase competition, thereby promoting development projects. You can simply understand this form as follows: When you provide liquidity on AMM, you will receive Rewards.
To optimize profits, you will take that reward to continue to provide more liquidity to receive more Rewards. However, repeating this action is quite time-consuming and transaction fees on the network. Yield Yak will automatically do all the above actions for you automatically and continuously to optimize profits.
Why invest in Yield Yak?
Yield Yak is now in the top 10 largest TVL platforms of Avalanche ecosystem at the moment.
TVL of Avalanche Report
Therefore, Yield Yak will ha...
Source :
What is Yield Yak (YAK)? Everything you should know before investing in YAK Token
Comments
Post a Comment