First, simply understand Larix and Raydium:
ProjectLarixIt is the first metaverse financial service platform on Solana, which provides financial services of multiple assets including cryptocurrencies, stablecoins, synthetic assets, and NFTs in an absolutely secure manner.
https://projectlarix.com/
Raydium ProtocolIt is an automatic market maker (AMM) built on the Solana blockchain, which realizes lightning-fast transactions by docking with the central order book of the Serum decentralized exchange (DEX), sharing liquidity and new flows within the ecosystem Profit models such as sexual mining.
https://dex.raydium.io/
The good news for all these changes is that Larix will be the first and currently only platform on Solana that supports LPs on Raydium with their own reinvestment function for mortgage lending!
Wondering why Larix's LP mortgages can maximize your returns?
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Compound interest income brought by the reinvestment mechanism
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Unleash liquidity to boost yield
LP is like other mortgageable assets on the Larix platform (mortgage rate to be determined). By mortgaging LP, you can lend any single currency. These lent assets can be at your disposal to maximize returns.
The following lists some ways how to amplify the income after staking LP:
Reorganize LP- After staking LP, you can lend any single currency (LP cannot be lent temporarily), and the lent single currency can form a new LP again for a second pledge, and then lend the single currency group LP again after the pledge, and so on. The essence is to increase leverage through nesting dolls to amplify profits. For example, after mortgaging mSOL-USDC LP, you can lend mSOL or USDC to form a new mSOL-USDC LP, and re-mortgage the newly formed LP to re-lend mSOL or USDC to form LP. On the premise of not being liquidated, your mining income will increase by 2-3 times than before. In fact, the results of our repeated calculations show that the income has increased to about 290% of the original.
Single currency pledge- The single currency lent after staking LP can be directly pledged in Larix to obtain additional income.
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Additional mining income (LARIX platform currency reward)
Larix will provide additional mining income during the entire LP mortgage loan process, and additional mining income can be obtained by staking LP or single currency assets in Larix - LARIX tokens. In addition, you may also get RAY rewards provided by Raydium, MNDE provided by Marinade, LUNA rewards provided by Terra, etc. Double mining activities will be announced at an optional date.
Do you really want to try Larix's LP mortgage loan function? The following is a simple usage tutorial.
First, click on Raydium (https://raydium.io/liquidity/)"Liquidity"Form LP with single currency. For example, a RAY/SOL LP can be composed with RAY and SOL of equal value.
After forming the LP, return to the Larix official website (https://projectlarix.com/) to find the LP that was formed just now. click"Support"Deposit to LP, then click "Collateral"Turn on the pledge, and you can lend a single currency. The single currency lent can be used arbitrarily as mentioned in the above point 2.
We will launch more detailed video and graphic tutorials soon, so stay tuned https://twitter.com/ProjectLarix
