🍨 Pangolin Auto-Compound Vault
By providing LP tokens from TraderJoe and Pangolin in Baklava Space, users can:
harvest 100% of earnings from TraderJoe and Pangolin
auto harvest LP profits from TraderJoe and Pangolin and reinvest back
get $BAVA tokens through inflationary rewards
We expect the APYs will be 2 - 3X of what you provide on TraderJoe and Pangolin.
Eg: if your AVAX-WETH LP gives you X% APY, by letting us help you auto harvest and get BAVA rewards, your APY will increase to 2 - 3X. Very importantly, each pool is different and DYOR.
Note: as of 25 Nov 2023 we have stopped providing $BAVA incentives for Pangolin after close to a year of incentive program since Q1 2022. Your funds are SAFU and will still continue to auto compound and earn extra yield from Pangolin. If you wish to withdraw, you may do it via snowtrace.dev or baklava.space frontend. (FUNDS ARE SAFU)
| Description | |
|---|---|
Method | Deposit Pangolin LP tokens into vault to earn $BAVA inflationary rewards. Yields from LP tokens are reinvested to further enhance returns. |
Yield Source | Pangolin farm yields and Baklava Space |
Principal Protection | no principal risk. No credit risk as LP in the vault is not lent out. |
Principal Lockup | no lock up period, able to withdraw principal anytime. |
Payout | Payout in tokens from Pangolin farms (eg:$PNG) & $BAVA. $BAVA rewards subject to $Bava Withdrawal Schedule. |
Start date | Q1 2022 |
Withdrawal Fees | 0.5% withdrawal fee |
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