Leveraged Yield Farming
Minimum Debt Size
You can borrow available assets from the Lending Vaults.
The minimum value of assets that you can borrow to open a leveraged position:
BUSD
100
USDC
100
USDT
100
WBNB
0.3
ETH
0.05
BTCB
0.0034
Fees
In the farming those fees below could happen. All these fees are already factored into the APYs displayed on the dapp. What you see is what you earn.
Farming Performance Fee * 30%
To open or close a leveraged position on ATE platform is free. What the borrower need bear is the borrowing interest, as well as the farming performance fee.
For example a user opens a position on ATE PancakeSwap farming pool, the generated farming yield (CAKE tokens) will be collected and compounded automatically by the protocol, based on this part a 30% performance fees will be charged.
Please note that this part has been deducted from the APY displayed on the DApp, what you see is what you earn.
This profit will be reserved in contract and 50% will be used for buyback & burn, 50% will be used for risk reserve fund.
Swap fees
When you open a position for 3x leverage or above, swap fees may occurs when converting part of the borrowed assets into your own asset type to form equivalent trading pair.
Trading fees and price impact is determined by the trade size, calculated based on supplied asset value.
On ATE Protocol, two solutions of swap are applied appropriately. For stablecoins assets, the system uses EPS swap by default with lowest swap fee of 0.02%. For non-stable assets, the swap is carried out on the corresponding Farming Pool Platform (like PancakeSawp), the system will automatically match the optimal plan according to the position type you open.
Liquidation Fee 5%
In order to ensure the safety of the funds of the lenders, the position reached the risk threshold should be liquidated in a timely manner. The ATE Finance adopts the liquidator bots to execute liquidation. 5% of the position value will be charged when a liquidation occurs.
50% of it will be used as high Provision for underwater liquidation in the event of fluctuations in the market.
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