# 🍬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.**

<table><thead><tr><th width="176"></th><th>Description</th></tr></thead><tbody><tr><td>Method</td><td>Deposit Pancake Swap LP tokens into vault to earn $BAVA inflationary rewards. Yields from LP tokens are reinvested to further enhance returns.  </td></tr><tr><td>Yield Source</td><td>Pancake Swap farm yields and Baklava Space</td></tr><tr><td>Principal Protection</td><td>No principal risk. No credit risk as LP in the vault is not lent out.  </td></tr><tr><td>Principal Lockup</td><td>No lock up, able to withdraw principal anytime. </td></tr><tr><td>Payout</td><td>Payout in tokens from Pancake farms (eg:$PURSE) &#x26; $BAVA.</td></tr><tr><td>Start date</td><td>Feb 2024</td></tr><tr><td>Supported Pairs</td><td>PURSE-USDT</td></tr><tr><td>Withdrawal Fees</td><td>0.5% withdrawal fee</td></tr></tbody></table>

### Tutorial

<figure><img src="https://lh7-us.googleusercontent.com/PZAM6MBPyQ_OR-KUNfjylXqtiJqxOd6xq3E_akMVcv6DRh5X1eDPAa0HUwtPpxLWkZ0OiYuVCb58kCFIjGoIchoOxTxCeXl9sZvzzkrk1Mi_2oKDSSS7iYY21eAU-PJsBQsy_WotHULHD53q902VUno" alt=""><figcaption></figcaption></figure>

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.

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