Extra Finance Overview

What is Extra Finance?

Extra Finance is a leveraged yield strategy & lending protocol built on Optimism/Base. It offers professional and easy-to-use features such as leverage farming, diverse farming pools, LP rebalancing, auto compounding, and yield farming simulator.

Main Features
Leverage Farming
Farming Strategy
LST & Stablecoin Accelerator
LP Rebalancing
Auto Compounding
Blockchains
OptimismBase

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Frequently asked questions

Extra Finance is a leveraged yield strategy and lending protocol built on the Optimism/Base platform. It offers features such as leverage farming, market-neutral farming strategies, and LP rebalancing. Users can also benefit from auto compounding, one-click farming templates, and a yield farming simulator. Extra Finance supports various pools with different assets, including stablecoins and other cryptocurrencies, and offers high-yield leveraged strategies with maximum leverage ratios ranging from 1x to 5x.

Extra Finance is a leveraged yield strategy and lending protocol built on Optimism/Base. Its main features include farming, lending, staking, and the ability to connect a wallet. Users can engage in diverse farming pools with leverage of 3X or higher, go market-neutral or long/short with measurable risk exposure, and enhance farming performance of low-risk stable pools. Extra Finance also offers one-click LP rebalancing, auto compounding of rewards, user-friendly farming templates, and a yield farming simulator to estimate earnings and the effect of price fluctuations. It provides high-yield leveraged strategies in various pools such as USDC-VELO, EXTRA-USDC, USDC-wUSDR, VELO-BLU, USDC-BLU, and GNode-USDC.

Leverage farming is a strategy used in the Extra Finance platform to enhance farming performance in low-risk stable pools. It involves engaging in diverse farming pools while leveraging positions with a factor of 3x or higher. This allows users to substantially increase their profits by taking advantage of market-neutral, long, or short positions with measurable risk exposure. The platform also offers features such as LP rebalancing, auto compounding, and one-click farming templates to optimize yield rates and simplify the farming process.

LP rebalancing refers to the process of adjusting the allocation of assets in a liquidity pool (LP) to restore balances from any imbalances. It is a one-click tool that allows users to easily rebalance their positions in the LP with a single click. This helps optimize the farming performance of low-risk stable pools by ensuring that the assets are properly allocated and maximizing the yield rate.

Auto compounding optimizes yield rate by automatically converting and reinvesting reward emissions into LP tokens. This process allows for the continuous compounding of rewards, maximizing the overall yield generated from the investment.

No, the provided reference text does not mention anything about viewing estimated earnings or the effect of price fluctuations on equity value.

The high-yield leveraged strategies available include LP Rebalancing, Auto Compounding, One-click Farming Templates, and the Yield Farming Simulator. Additionally, there are specific pools with high yields and leverages such as USDC-VELO (APR: 179%, Max Leverage: 3x), EXTRA-USDC (APR: 239%, Max Leverage: 3x), USDC-wUSDR (APR: 17.9%, Max Leverage: 5x), and VELO-BLU (APR: 16,170%, Max Leverage: 1x). These strategies and pools are part of the leveraged yield strategy and lending protocol offered by Extra Finance on the Optimism/Base platform.

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