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Wheat

Wheat

Wheat is a company founded in 2016.

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All edits by  Mikhail Sheludchenko 

Edits on 1 Feb, 2022
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Mikhail Sheludchenko
edited on 1 Feb, 2022
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Wheat

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Mikhail Sheludchenko
edited on 1 Feb, 2022
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3) Stake MOR to Earn More WHEAT

Use the MOR you minted (or purchased) from step 2, and instead of leveraging your LPs, simply stake MOR in Wheat's single asset MOR vault to earn passive WHEAT rewards. Unstake at any time to use this MOR to buy any other asset, or simply repay part or all of your debt.

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Mikhail Sheludchenko
edited on 1 Feb, 2022
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1) Autocompound Your LP Tokens

Take the hassle out of manually harvesting your WHEAT by staking your single assets/LPs on MOR, our lending/borrowing platform that we created to help yield farmers earn more. Your LP balance will automatically increase without the need to harvest. Earn the same yield as if you’d staked on Wheat, but with more benefits.

2) Use Your LPs to Get More LPs

For even higher yields (from 1.5x to 50x your current buying power), simply mint MOR with your staked LPs and use that MOR to buy more LPs, stake them, mint more MOR, and repeat this process until you reach your desired leverage. In the meantime, you'll receive all the rewards from farming those additional LPs.

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Mikhail Sheludchenko
edited on 1 Feb, 2022
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3 Ways to Earn More LPs

Autocompound Your LP Tokens

Take the hassle out of manually harvesting your WHEAT by staking your single assets/LPs on MOR, our lending/borrowing platform that we created to help yield farmers earn more. Your LP balance will automatically increase without the need to harvest. Earn the same yield as if you’d staked on Wheat, but with more benefits.

Mikhail Sheludchenko profile picture
Mikhail Sheludchenko
edited on 1 Feb, 2022
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Secure

Keeping user funds safe is our main prerogative. Our vaults have been audited by top-tier firm ConsenSys Diligence, who audited projects such as Uniswap, AAVE, 1inch, and Bancor. We are the first and only BSC project with a ConsenSys audit. Our stablecoin MOR also uses these secure vaults.

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Mikhail Sheludchenko
edited on 1 Feb, 2022
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Sustainable

WHEAT's tokenomics are built to be deflationary: WHEAT's fee collector always keeps the principal amount of CAKE, while only using yield earned from its staked CAKE to buyback WHEAT. This snowball effect on buybacks only grows larger with time, as the principal is only ever added upon.

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Mikhail Sheludchenko
edited on 1 Feb, 2022
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Maximize Yield

WHEAT offers higher APYs than other yield optimizers because it is multi-layered, which allows more frequent compounding. Users also have the option to use our secure stablecoin and lending/borrowing platform MOR, to leverage their yield-earning LPs.

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Mikhail Sheludchenko
edited on 1 Feb, 2022
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Superior Yields. Secure. Sustainable.

Wheat by Growth DeFi is a secure, crosschain yield optimizer that offers some of DeFi’s highest yields and most secure vaults. Wheat was built to offer sustainable yield returns to both short-term and long-term users.

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Mikhail Sheludchenko
edited on 1 Feb, 2022
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Website
https://wheat.growthdefi.com/
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Mikhail Sheludchenko
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Is a
Cryptocurrency
Cryptocurrency
CoinMarketCap
https://coinmarketcap.com/currencies/wheat/
"Created via: Web app"
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Mikhail Sheludchenko
created this topic on 1 Feb, 2022
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 Wheat

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