Put your WLD to work and earn high yields by providing liquidity to the WLD/USDC pool, powered by Uniswap. When you deposit WLD, it will be split into half WLD and half USDC and will start earning rewards. The annual yield rate changes regularly based on trading volume. Your rewards and fee withdrawals come from other traders paying to swap WLD, like being your own market maker.
What to KNOW!
Your WLD and USDC balance will fluctuate as the price of WLD changes. Sometimes, you may hold a higher percentage of one coin than the other, and the exposure you have to each will change over time based on the price of WLD. This happens because your deposit adjusts to maintain a 50/50 ratio in the liquidity pool; a concept called impermanent loss.
DeFi involves risks — do your own research before PARTICIPATING. You can deposit or withdraw at any time.
CONCENTRATED Liquidity!
Concentrated liquidity works by allowing liquidity providers to allocate their funds in specific price ranges within a cryptocurrency liquidity pool, rather than spreading them across all possible prices. This ensures that liquidity is concentrated where most trading occurs, increasing capital efficiency and allowing providers to earn higher returns with less capital.
Understanding concentrated liquidity!
This earning opportunity uses Uniswap's concentrated liquidity, which allows liquidity providers (LPs) to allocate capital within a specific price range, concentrating their funds where trading is most likely to occur. This increases capital efficiency and earning potential (APY), as more fees are collected within your chosen range. However, when the token price moves outside the defined range, the position becomes "out of range," meaning the LP no longer earns fees and their assets are converted into the excess token (for example, more WLD or USDC depending on the price movement). If your position moves out of range, you can wait for the price to return to the range or withdraw the position, which will now consist entirely of the token out of range.
Kresus charges a fee of 0.65% of WLD on deposit and withdrawal from Earn. Slippage and Uniswap platform fees (1% swap fee) are also present. These fees change with market conditions.
In Range / Out of Range
If you see "Inactive" when viewing your earnings, it means your assets are not earning APY because the price of WLD is outside the concentrated liquidity parameters.
Defined. "In Range" means that the price of WLD is within the parameters and your assets are generating returns.
You can choose to withdraw your assets at this moment or leave them and wait until the price returns within the range.
Minimum:
Must deposit at least 2 WLD.