YLA Liquidity Mining = Ultimate farm.
Good article to get you started with Indexes: https://www.publish0x.com/cryptolul/defi-indexes-for-chads-xgpdydk
First Step:
Use ZAP to mint YLA with USDC at ultra-low gas fees ($20-$30 total) ??
https://powerindex.io/#/mainnet/0x9ba60ba98413a60db4c651d4afe5c937bbd8044b/supply
1) You need to approve or Infinity approve, this will give permission to our smart-contract to interact with your tokens.
2) Press Supply
Second
Provide liquidity with YLA-USDC on SushiSwap with almost zero Impairment Loss (IL). Why zero? YLA is based on a basket of stablecoins backed yVaults. It always grows in price at a rate of 15%-30% APY, compounded ??
https://app.sushi.com/pair/0x87b6f3a2dc6e541a9ce40e58f517953782ae614e
After this, you will get SLP tokens, each worth millions of dollars, so you expected to get a fraction of a token.
Third: Stake your YLA-USDC SLP tokens to earn
1) You can stake your $SUSHI with onsen program to earn around 15%-20% APY.
https://app.sushi.com/farms/special
Better Option: $CVP Boost programm at PowerIndex.io
Stake your SLP tokens plus $CVP to earn more $CVP, at 100%-150% APY.
No brainer, you use two appreciating assets to farm more $CVP.
Zero financial risks farm ??
https://powerindex.io/#/mainnet/0x9ba60ba98413a60db4c651d4afe5c937bbd8044b/harvest/12
Go to the link above and press "Deposit", you will see the following:
Now you need to approve/Infinity approve both your tokens SLP & CVP.
Pay attention to the hint "To get maximum boost, you need to deposit X CVP more.
You can see your CVP reward updated dynamically when you change parameters.
Final: Profit ????????
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