
Apricot APTPrice N/A
APT Price
General Info
Contracts/Explorers:
Solana
Funds and Backers
Apricot (APT) Chart
IDO
19 Nov 2021 — 19 Nov 2021
Raised
$ 3.00M
Price:
$ 0.300
Tokens For Sale:
10,000,000
Platform:
N/A
ATH ROI:
1.11x +11.1%










What is Apricot (APT)?
Apricot is a next-gen lending protocol that supports leveraged yield farming on Solana. With Apricot, users can:
- Deposit assets to earn interests (Apricot Lend)
- Borrow assets for trading or leveraged yield farming (Apricot Cross-Farm)
- Pre-configure when and how automated deleveraging takes place (Apricot Assist).
Apricot Lend. Apricot Lend provides standard lending and borrowing services: users deposit assets to earn interests and use their deposited assets as collateral to borrow other assets.
Apricot Cross-Farm (X-Farm). Apricot X-Farm provides a cross-margin leveraged yield farming service for users to maximize yield from their existing holdings. On Apricot X-Farm, users do not need to own any amount of USDT or USDC to start farming. Instead, they can collateralize their non-stablecoin assets to borrow the stablecoins with up to 3x leverage, and start farming USDT-USDC LP right away. These stablecoins will then be auto-pooled and staked for LP tokens, resulting in a 3x farming yield.
Apricot Assist is a background program that constantly monitors your account's Borrow Limit Used. When your Borrow Limit Used reaches the "Trigger Level" set by yourself, Apricot Assist can help you automatically sell/redeem tokens in your deposit to repay the tokens you've borrowed.
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