🍬Purse LP Vault (Pancake Swap)

Purse-USDT LP vault is an auto-compounding strategy that allows you to earn yield on Pancake-Swap LP tokens automatically without the hassle of having to sell tokens, provide liquidity, and farming yourself.

By providing LP tokens from Pancake Swap in in Baklava Space, users can:

• harvest 100% of earnings from Pancake Swap

• auto harvest LP profits from Pancake Swap and reinvest back

• get $BAVA tokens through inflationary rewards

We expect the APYs will be 1.5 - 2X of what you provide on Pancake Swap. Eg: if your PURSE-USDT LP gives you X% APY, by letting us help you auto harvest and get BAVA rewards, your APY will increase to 1.5 - 2X. Very importantly, each pool is different so DYOR.

	Description
Method	Deposit Pancake Swap LP tokens into vault to earn $BAVA inflationary rewards. Yields from LP tokens are reinvested to further enhance returns.
Yield Source	Pancake Swap farm yields and Baklava Space
Principal Protection	No principal risk. No credit risk as LP in the vault is not lent out.
Principal Lockup	No lock up, able to withdraw principal anytime.
Payout	Payout in tokens from Pancake farms (eg:$PURSE) & $BAVA.
Start date	Feb 2024
Supported Pairs	PURSE-USDT
Withdrawal Fees	0.5% withdrawal fee

Tutorial

If you’re a PURSE-USDT PancakeSwap LP farmer, you can deposit your LP Token in this vault.

After depositing the PURSE-USDT LP token, you can check BRT, the auto-compounding token of the LP token in your wallet.