Hello everyone, I’m part of the APWine.fi team.
APWine is a new platform coming to the decentralized finance ecosystem.
What is APWine?
What about selling your future APY? Tokenize your crops, and sell them.
by Pascal T. (https://twitter.com/pscltllrd)
In other terms:
It allows farmers to lock their bearing interests funds on platforms like Yearn finance, Aave and Compound for a predefined period of time. By locking those funds, the farmers mint “future yield tokens” representing the interests generated during the entire period. Those tokens can be traded, meaning that if you want to hedge your risk, you can sell your yield to someone wanting to play and earn from its volatility. It also allows anyone who doesn’t have much funds to “take part” in the yield farming by buying some “future yield tokens” to get access to the tokens it respresents.
Why do we need help from yVCDAO fair funding?
We want our platform to give a new tool for Yield Farming. To achieve this goal we need as much visibility and liquidity as possible to make it sustainable.
How are we going to use the funds?
We will be locking the funds on YFI to generate yield, which will allow us to mint some “future yield tokens”. Those “future yield tokens” on our DEX against ETH or stablecoins (at a reasonable price) to attract buyers and create liquidity.
Why is it beneficial for Yearn Finance?
When we lock the funds, they go back on Yearn finance. As such, the funds are “safe” on Yearn Finance Vault. When we sell the minted “future yield tokens” we create a fixed and upfront yield that will be added to the yVCDAO funds.
We’ll also have a liquidity mining program allowing to earn APW tokens. (for tokenomics and allocations, go check our blog: https://apwine.fi/blog/introducing-apw)
This interaction will be a WIN-WIN for everyone and will help farmers using our platform to use Yearn Finance while hedging the yield volatility risks. It will also allow bullish users seeking for volatility to play with few capital.
I hope I caught your attention and made you as excited as we are about this project. Go check our site: APWine.fi
(Prepare for the alpha, releasing soon…)
Love you all, members of the fastest moving community