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EmplifAI Wiki
  • ​The Liquidity Harvesting Protocol
  • Yield Farming
  • Liquidity Mining
  • Cross Chain Bridging
  • Arbitrage
  • Solution Design
  • Emplifai V1
    • Architecture and Vaults
      • Vault Type 1
      • Vault Type 2
      • Understanding PPS (Price Per Share) Formula
    • Fees
    • Strategies
      • BNB Chain - Stargate BUSD
      • BNB Chain - BiSwap USDT/USDC
    • Fund Management Guide
    • Miscellaneous Options
    • APRs and APYs
  • Risks
  • Shariah Structure
  • Contract Addresses
    • BNB Vaults
    • BNB Strategies
    • Zappers
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  1. Emplifai V1
  2. Strategies

BNB Chain - BiSwap USDT/USDC

USDC based on available liquidity. Liquidity providers to this pool are essentially behaving as market makers earning fees from traders as well as the right to BSW token incentives (BSW). BSW is the governance token of the BSW Decentralised Exchange.

Our EmplifAI Vault holds the LP token of the underlying Biswap pool, however we allow users easy access into this pool using the ‘ZAP’ feature. User can deposit the LP token directly into the vault or use the ZAP feature by providing USDT or USDC. If ZAP is used, the USDT or USDC is swapped for the exact amount of the other token needed to satisfy a Liquidity provision into the Biswap Pool. The ZAP feature then deposits the amounts and receives the LP tokens and holds them in the vault with all the other user’s LP tokens. All LPs in the Biswap pool are entitled to BSW token rewards (Hiba). The Vault uses the sum of all LP tokens to claim BSW rewards periodically and then sells them for more USDT/USDC and redeposits back into the underlying pool, effectively increasing the LP balance of the vault.

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Last updated 1 year ago

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