Deliver LP and earn CZF every second with no Impermanent Loss (IL).
Deliver liquidity tokens (LP) to earn vesting CZF. The amount of vesting CZF is equal to the value of the LP in CZF plus interest. The CZF vests each second for the full duation of the period of the Exotic Farm you selected. Vesting CZF can be received now at a discount with FastForward after a 1 day lock. Additional deposits do not affect previous ones, so if you deposit into the same Exotic Farm again your previous vesting period and APR will not change.
Exotic Farms are a Defi 2.0 farming system that protects depositors from Impermanent Loss while providing high APR. All the deposited LP is transferred to the CZodiac treasury, creating a rising price floor for the protocol.
Exotic farms provide Lower Risk and generate Higher Yields for farmers all while building a Rising Price Floor. It does so through Protocol Owned Liquidity, POL.
v1 Farms create substantial risk for farmers. There's Impermanent Loss which means farmers always get more of the worse token over time. Farmers are also at risk of other farmers dumping liquidity. If a big farmer decides to exit, the other farmers are forced to exit as well to protect their capital until there's no liquidity left and the last one to leave is left holding the bag. And don't forget for v1 farms the listed APR can change at any time, so farmers have to constantly monitor and rebalance their investments.
Exotic Farms solve all of these issues by delivering the LP to the CZodiac treasury creating POL. There's no risk of a run on liquidity, since the protocol will use its LP to create a rising price floor. The APR is fixed on deposit, so farmers know exactly how much profit they will make. And there's no Impermanent Loss at all - instead there's trading profits for the protocol over time at 50% or more of the deposited LP.
The FastForward feature for Exotic Farms has the same game theory advantages that Chrono Pools have - more information on this feature is on the Chrono Pools page. In essence, farmers compete for higher APR by using longer timelocks with protection against dumps since if the market projects a lower price farmers would Fast Forward reducing future emissions.
- 4.Select the Exotic Farm you want to use. Longer durations will earn more interest.
- 5.Use the slider to select the amount of CZF/BNB LP you want to deposit. This LP will be transferred to the Treasury and won't be returned to you.
- 6.Confirm the transaction, and wait a few minutes.
- 7.Claim or Reinvest your CZF whenever you want. Claiming and Reinvesting to not affect your original vest.
Exotic Master: 0x37E4dDAfF95d684E1443B5F18C81deD953B627dD