View source for APY.Finance (APY)

== Basics ==
* Founded in:
* [[Mainnet]] release:
* Based in:
* [https://ethhub.substack.com/p/ethhub-weekly-127?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjo4NTY2NjMsIl8iOiIwb3pkOCIsImlhdCI6MTU5ODQ2NzUzMSwiZXhwIjoxNTk4NDcxMTMxLCJpc3MiOiJwdWItMzkxMCIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.RATpSh7nRsMo9pkryiro4R8-KYepoKDJiWiahiwEmFA From] [[EthHub]] #127 (17-8-2020):
''"[https://medium.com/apy-finance/introducing-apy-finance-afb263c1e504 APY.finance] automates [[yield farming]] to get users the best, risk-adjusted returns in [[DeFi]]."''
* From this [https://medium.com/coinmonks/defi-future-10-promising-projects-in-the-defi-world-ff2b697ab006 blog] (23-9-2020):
''"By pooling [[liquidity]], the platform routes the funds in one [[transaction]] to the largest and greatest yield farming strategy, thereby saving [[gas]] fee for users. The platform launch is planned for October."''

== History ==
== Token ==
=== Launch ===
=== Token allocation ===
=== Utility ===
=== Token Details ===
=== Stablecoin ===
== Tech ==
* [[Whitepaper]] can be found [insert here].
* Code can be viewed [insert here].
* Built on:
* Programming language used:
=== Transaction Details ===
* Capacity ([[TPS]]):
* [[Latency]]:
=== How it works ===
=== Mining ===
=== Staking ===
=== Liquidity Mining ===
* Has [https://medium.com/apy-finance/apy-finance-liquidity-mining-launch-c37f0d2a1172 announced] a [[liquidity mining]] rewards program starting on October 1st at 8PM EST 2020.

=== Layer Two ===
=== Different Implementations ===
=== Interoperability ===
=== Other Details ===
== Privacy Method being used ==
=== Compliance ===
== Oracle Method being used ==
== Their Other Projects ==
=== DEX ===
== Governance ==
=== DAO ===
=== Self Funding Mechanism ===
== Upgrades ==
== Roadmap ==
* Can be found [Insert link here].
* From their [https://medium.com/apy-finance/introducing-apy-finance-afb263c1e504 announcement] (7-8-2020):
# "''We plan to roll out an alpha launch with [[Compound]] strategies end of Aug/Sept. Then once stable, we plan to expand into $[[BAL]] farming. Stay tuned for the future [[Medium]] posts on how these strategies will work.''
# ''Our vision is one of community ownership. A significant portion of the token supply will go to the community via the public rewards and community initiatives pool. Shortly after launch, we will release liquidity mining rewards to get the $APY [[governance]] tokens in the hands of the community.''
# ''Finally, to further [[decentralize]], we will host a small [[IDO]]."''

== Audits ==
* [[Bug bounty]] program can be found [insert here].

* Bugs

== Usage ==
* [https://cointelegraph.com/news/yield-farming-platform-apy-finance-locks-67-million-in-first-hour From] [[Cointelegraph]] (2-10-2020):
"''APY.Finance is the latest [[DeFi]] protocol to explode in popularity, [[TVL|locking]] more than $67 million of [[stablecoins]] in the first hour of launching its [[Liquidity mining|mining]] program."''

=== Projects that use or built on it ===
== Competition ==
== Coin Distribution ==
== Pros and Cons ==
=== Pros ===
=== Cons ===

* Had investment from [[FTX (FTT)|Alameda Research]]/FTX. This could mean fall-out risk.

== Team, Funding, Partnerships, etc. ==
=== Team ===
* Full team can be found [here].
=== Funding ===
* [https://yieldfarmer.substack.com/p/defi-pulse-farmer-8?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjo0NTM4MDA1LCJfIjoiMG96ZDgiLCJpYXQiOjE2MDEzODc4ODgsImV4cCI6MTYwMTM5MTQ4OCwiaXNzIjoicHViLTM4NDUxIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.x8YXYMysoKadV_s0ZeFQYwfKK6xN6mgdLaY4YNz52TE From] [[Yield Farmer]] (26-9-2020):
"''APY.Finance raises $3.6 million in a seed funding round from investors like [[Arrington XRP Capital]] and [[Alameda Research]]."''

=== Partners ===
[[Category:Coins/Tokens]]