xWIN Yield Farming Vault v2
xWIN team is excited to announce the launch of the „Yield Farming Vaults v2“ to replace original LP Vaults. New Vaults tend to make your investment easier than ever. You just have to provide BNB and the Vaults will do the rest for you.
What’s new?
Investor deposits desired amount of BNB tokens directly into the Vault. The Vault automatically converts it to a selected LP token that is also automatically staked in PancakeSwap Farm. The Vault earns CAKE tokens as a reward. Unlike v1 where CAKE sits in the Vault, v2 will auto-compound the CAKE earned by harvesting, reinvest it into the pool and farm it every day until withdrawal. This will achieve the effect of daily compound and maximize the APY in the Vault.
On withdrawal, potential profits are automatically converted into BNB tokens.
At the same time, the screen will redirect you to the xWIN farm to continue to farm the v2-Cake to earn additional xWIN tokens in this process
CAKE-BNB Vault
Let’s see the example below:
If you farm CAKE-BNB LP tokens in PancakeSwap, the APR without compounding effect will earn you 96.6% annually.
As shown in ROI by PancakeSwap, if you compound it every day, you will achieve an APY of 162.44% annually. It would be tedious and costly if you have to do it by yourself.
What does the Vault look like?
symbol: V2-CAKE
The APY shown in the xWIN screen is the total yield from the PancakeSwap pool + xWIN Farm. It’s 211.82% at the time of writing this article.
Let’s break down the APR by expanding the tab.
APY from PancakeSwap Farm with auto-compound: 161.58%
APR from xWIN Farm: 50.24%
The yield from the PancakeSwap Farm is based on the realized CAKE earned by the Vault and divided by the total supply of the Vault during the compounding process.
Other available Vaults at the moment:
xWIN team aims to provide as many vaults as possible. At the launch of „Yield Farming Vaults v2“ there will be 6 available Vaults: CAKE-BNB, BELT-BNB, SWTH-BNB, LIEN-BNB, WATCH-BNB and BMXX-BNB. Based on further research and community feedback, more Vaults will be launched in the near future.
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