MetalSwap has just partnered up with ACryptoS to launch their first farm on #BNBSmartChain. Expanding cross-chain from the Ethereum network, MetalSwap users can now farm huge APYs with the new XMT-BNB LP (Liquidity Pool) on Acsi.Finance.
Acsi.Finance is the first and only protocol in BSC that is forked from Balancer V2. With the unique mechanics of Balancer V2, users can enjoy much more efficient swaps, lower swap fees, and lower gas fees as well.
What is MetalSwap?
Commodity swaps were introduced in the mid-1970s to allow producers and consumers to hedge price risks in certain markets, with a contract between two parties that targets to set the price of a certain commodity.
MetalSwap aims to be a strategic key feature in the DeFi AMM space, decentralizing Financial Swaps on both crypto pairs and metal synthetic assets. Through a set of smart contracts, MetalSwap makes it possible to execute the above without the need for intermediaries, at reduced costs, and without time restrictions.
Having initially launched on ETH, they’ve opted to partner with ACryptoS to launch their first farming pool on BSC. Read on to understand how to farm two tokens at the same time with ACryptoS!
Dual Token Farming: $ACSI + $XMT
With the new XMT-BNB pool launched last week, $80,000 ACSI + XMT was allocated for the farm, and they will be distributed over a period of 90 days. Users can deposit to the farm, and enjoy $80,000 yield farming rewards, along with fees collected from swaps between any of these tokens.
A point worth noting is, users can deposit 2 tokens in the listed proportion, or they can deposit just 1 single token (eg: $XMT, $BNB) and Acsi.Finance will take care of the rest in the background, balancing those tokens for you.
More details here with step-by-step instructions on providing liquidity, and farming for rewards: https://medium.com/acryptos/partners-metalswap-x-acryptos-7cce4aeacad4
Bonus: There is another way to farm additional $XMT tokens, just by depositing and staking in ACryptos’ Core liquidity pool A2B2 (4-token ACS-ACSI-BNB-BUSD) Onsen Pool. Users are able to farm multiple partner tokens at the same time, including $XMT tokens!
Swap to $XMT using Acsi.Finance now. Farm great APY with XMT-BNB. Also check out ACryptoS’ many auto-compounding vaults, and its stablecoin swap, which offers users the lowest fees, lowest slippage, and is the highest daily swap volume in BSC for the past one year+.
MetalSwap is a decentralized platform that allows hedging swaps on financial markets with the aim of providing coverage to those who work with commodities and an investment opportunity for those who contribute to increase the shared liquidity of the project. Visit https://metalswap.finance to find out more.
About ACryptoS & Acsi.Finance
Acsi.Finance was launched half a year ago by ACryptoS, a #SAFU Top 5 Yield Optimizer in BSC. Ever since then, it has pushed out various LP Investment Funds to help users manage their risks.
A few notable ones:
– MegaCaps Fund (BNB | ETH | BTC)
– EVM Fund (ETH | MATIC | AVAX | FTM | BNB)
– “EVM-Killer” Fund (SOL | DOT | ADA | ETH | BNB)
– Stablecoin Pool I (BUSD | USDT | DAI | USDC)
– Stablecoin Pool II (TUSD | USTw | MIM | USDT | BUSD)
Yield Optimizer App (Vaults&Farms): https://app-v2.acryptos.com/
AMM App: https://app.acsi.finance
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