The Real DeFi Podcast

Episode 22: Lots of Innovation and High Yields on BSC: AutoFarm, Ellipsis, and Belt

May 14, 2021 Episode 22
The Real DeFi Podcast
Episode 22: Lots of Innovation and High Yields on BSC: AutoFarm, Ellipsis, and Belt
Show Notes

Binance Smart Chain has become the haven of DeFi innovation.  This week we cover three innovative projects offering new mechanisms to increase yields and provide more utility.

AutoFarm has become my go to place to compare yields and stake.  AutoFarm provides automatic compounding on Pancakeswap, Bakeryswap, Belt.fi, MDX, and many more, while adding their own $AUTO rewards.

Ellipsis is an authorized Curve-like project on BSC, providing high-liquidity swap on stablecoins.  Ellipsis also has a unique lock-in mechanism and rewards that allows it to offer sustainable (so-far) high yields.

Belt.fi offers single-asset vaults by lending your coins across multiple other project, automatically balancing and switching between projects.

After doing some research, I decided to use Koinly for my taxes.  If you'd like to try it out, please help support his podcast by using our Affiliate Link.

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Please note that I am not a financial advisor and nothing in this podcast constitutes a financial advice.  Please do you own research before investing or trading!

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Music credit: "Sora No Iro No Kuruma" and “Five Passengers - No Smoking” by Springtide on https://freemusicarchive.org/
Art credit: https://pixy.org
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