General
Leaven Network is audited by CertiK, the top auditing company in the market, which guarantees the robustness of our smart contracts and the safety of funds invested through Leaven Network.
CertiK has audited some of the most complex and reusable investment strategies used within the platform. This ensures the safety and sturdiness of important smart contract aspects that the majority of our users interact with.
A yield optimizer is an automated service that seeks to gain the maximum possible return on crypto-investments, much more efficiently than attempting to maximize yield through manual means.
Each vault has its own unique strategy for farming, which normally involves the reinvestment of crypto assets staked in liquidity pools. At the most simple level, it farms the rewards given from staked assets and reinvests them back into the liquidity pool. This compounds the amount of interest received and increases the amount staked that the yield is based on. A yield optimizer can repeat this up to process up to thousands of times a day.
This fairly simple method is the principle reason behind the large APYs found on Leaven Network. Compounding fees are amortized among all vault participants, making it cheaper for the user.
A referral program is a word-of-mouth (WOM) initiative designed by Leaven Network to incentivize existing users to introduce their family, friends and contacts to become new users.
The referral program that Leaven Network uses is with incentive payment in order to maximize even more, in addition to APYs, allowing its users to choose how much to earn (up to NO LIMITS ).
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The incentive payment created by Leaven Network to rewards its referrers is called "Compensation Plan". Find more about it here.
" 1% of the effort of 100 men is better than 100% of your own effort "
Referrer: a person who makes a referral/refers another (their friends, family and acquaintances).
Referee: a person who is invited to a referral/ referred by another.
APR (Annual Percentage Rate) is the yearly interest, minus fees. This does not include compounding effects that occur from reinvesting profits. If you were to invest $100 with 100% APR, you would make $100 in profit in a year time.
If you however reinvest your profits regularly, you will compound your interest. This calculated over a year gives you your APY (Annual Percentage Yield). The more often you compound your interest, the greater the difference between APR and APY.
APY is the annual percentage yield offered from a particular investment. This takes into account compound interest, giving you an accurate idea of your returns compared to simple interest.
Large APYs in the percentage of thousands are possible with investments that provide daily yields of 1% or more. Due to your liquidity pool rewards being constantly farmed and reinvested, the interest compounds on larger and larger amounts.
Trading Daily means how much your liquidity tokens will increase in value. Liquidity pools share trading fees amongst all liquidity providers, as introduced by the Uniswap liquidity model. Trading Daily is affected by trading volume and the percentage of swap fees allocated to liquidity providers.
Vault Daily means how much your token will increase in number. Due to the vault constantly farming rewards, and reinvesting that, your deposited token amount will increase. Vault Daily is affected by the yield farm rewards (i.e. additional incentives besides trading fees), such as CAKE on PancakeSwap.
Trading Daily and Vault Daily can be multiplied by 365 to compute Trading APR and Vault APR. Vault APR is then converted to Vault APY to factor in compound interest. The displayed total APY percentage is calculated as follows:
To calculate the Trading APR, Leaven Network uses on-chain data and a 24 hour period to determine the trading volume and subsequent fees, whereas most DEXes use a 7 day period. This may lead to differences in the displayed APY when compared with a DEX, but know that it is due to the calculation method. In fact, we argue that Leaven Network is more accurate because it uses a shorter time span which reflects changes in Trading APR sooner.
Your rewards are added to your deposited token amount on each harvest and compound cycle. You can use a DeFi dashboard that will be able to calculate exactly how much profit you have made on your investments. External tools such as TopDeFi will read your wallet address and give you an accurate picture of your initial investment and current earnings.
You can also have earnings from referral earnings, as the Unilevel Bonus that you can find it here:
Additionally, you can have other referral earnings if you qualify as Rank; this earnings can be Global Growth Bonus, that you will receive it in your wallet in BUSD every day 1 of each month, and Ambassadors' Bonus, that you will receive it in your wallet in BUSD every day 1 of each quarter.
To leaven even more your deposited tokens, Leaven Network is the first Decentralized Application to create this innovation: to boost, or to leaven, your earnings from APYs through a Referral Program that allows its users to choose how much to earn, from vault's APY displaied till unlimited (more about referral program here). This is Leaven Network's unicity and it is from here that it takes the name of Leaven Network (to leaven through a referral network).
The uniqueness of Leaven Network lies in having created the ideal solution to have unlimited earnings thanks to its referral program.
We all want high passive yields on safe and possibly even stable tokens (without impermanent loss), but we must be willing to accept the right compromise. Leaven Network took care of finding the right compromise.
Vaults give great rewards, but it comes with a risk of Impermanent Loss. It’s not as scary as it sounds, but it is worth learning about the concept before you get started.
By the way, Leaven Network has thought about carefully selecting the most secure tokens and also offering vaults without impermanent loss.
The right compromise strategy designed by Leaven Network is to withhold 20% from APYs to redistribute up to 95% of it in the network (to its users) through the referral program. In this way, users will apparently have a lower APY than other DApps (Decentralized Applications), but they will have the possibility to increase their earnings without limits, which no other DApp allows you to do this! Check some real example numbers here.
Leaven Network does not force its users to use its referral program. Those who do not wish to take advantage of it can still benefit from the vaults' yields.
However, it is recommended to take advantage of it as it maximizes your yields without limits in terms of earnings, moreover, it is so simple and affordable for everyone. We explain it to you in detail here.
Leaven Network has purposely selected only PancakeSwap as the only yield farming platform as safety is our priority. PancakeSwap has been identified as the most appropriate as it is the # 1 AMM and yield farm on Binance Smart Chain, the oldest and with the highest tvl (Total Value Locked). See for yourself.
As said before, we all want high passive yields on safe and possibly even stable tokens (without impermanent loss), but we must be willing to accept the right compromise. Leaven Network took care of finding the right compromise.
To find the right compromise, we decided not to venture on exotic platforms and tokens, although they can be tempting, but to build a simple application, made with the most solid tokens, with the innovation of a referral program that helps to increase earnings, thus offering the same final result to the user, but with safety and efficiency in mind.
We leave others exploring, we take care of leavening
For many reasons:
- PancakeSwap doesn't have a referral program so it does not allow you to increase your earnings, apart from what you get from APYs. Leaven Network has created the strategy of the referral program in order to make you boost your earnings.
- PancakeSwap pays rewards only in its token (CAKE), Leaven Network allows you to choose which token to deposit and which token to withdraw, with just one-click, thanks to Leaven ZAP.
- PancakeSwap requires skills in yield farming and LPs, Leaven Network, on the other hand, has a one-click option, Leaven ZAP, easy and affordable for everyone.
- PancakeSwap yes is the # 1 AMM and yield farm on BSC, but it's not the # 1 in the referral program that boosts yields, Leaven Network is.
- Operating on PancakeSwap or on Leaven Network, in terms of risks, is the same as Leaven Network relies on the PancakeSwap farms, audited platform with historicity and high TVL. So there is the same platform risk, there is no 0 risks in anything in the financial sector, in our case we can say that it is very low.
If someone promises you high yields and 0 risks, run away!
See for yourself:
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Last modified 10mo ago