About Epsylon Airdrop
Epsylon Airdrop is a non-custodial innovative yield generation protocol with varied risk-adjusted solutions. They aims to provide a different risk/return matrix for a single underlying asset (eg: USDC, FTM). The enables anyone to easily grow their crypto portfolio by offering a seamless and frictionless way for users to invest their crypto assets. It has confirmed that they will do an airdrop to early users of the platform. Early users of the platform who’ve staked into the vaults will get an airdrop once they launch the token.
| Platform | Tokens per Claim | Max. Participants | Website |
|---|---|---|---|
| Fantom | N/A | Unlimited | Click Here To Visit |
Protocols used to generate yield
They search for the best yield from the best protocols in the ecosystem and build innovative strategies to optimize the funds while doing auto-compounding.
Vaults are divided by risk profiles
Currently they have two vaults, Safe (conservative) and High Risk. So users can choose the risk profile they are conformable with.
Conservative Vault – USDC18% APY
Deposit and chill. Low risk vault for conservative users for the peace of mind. Using top tier lending and dexes on Fantom.
High Risk Vault – wFTM80% APY
High risk high reward. Why only hodl your Fantoms when you can hodl them and earn 100% apy at the same time. They use Tomb finance a 800M protocol.
Moderate Vault – USDC50% APY
This is the house specialty, we will be experimenting with leverage and “Impermanent Lost” to give you a great apy with tolerable moderate risk.
Epsylon & the power of DeFi
Check out the documentation to find more about Epsylon and the plans for the future. They also have detailed blogs explaining how Epsylon works and the yield strategies. If you like Epsylon and want to contribute, they have a referral program where you earn a portion of the yield.
Why did we build Epsylon Finance?
They saw a big issue on other protocols where they only have one vault per asset. This limits a lot the strategies you can use. Since some users may be willing to take a calculated risk for a higher APY, but others won’t.
Giving users the possibility to choose their own risk, allows us to add innovative strategies (debt, IL, leverage, or algorithmic peg coins) while keeping it simple. All of our vaults are single assets and have a detailed explanation of the risks, strategies, protocol exposure, tokens, and IL.
There are hiddencosts for yield farming, a normal user might not even realize them. We have blogs explaining what are these hidden costs. Epsylon creates a layer of abstraction so users don’t need to worry about maximizing capital efficiency.
Most of the world is locked out of decentralized finance due to its sheer complexity. We believe this new technology can help millions of people, but only if they can access it.
Conservative Vaults
The main characteristic of Conservative (SAFE) Vaults is the use of low risk strategies using blue chips lending and DEXes protocols. Currently the only conservative (safe) vault available is for USDC.
USDC SAFE VAULT
This strategy has the inherent risk associated with smart contracts and DeFi and no impermanent lost. Strategies:
- Boosted Beethovenx (Beethovenx)
- Holy Spirit Tether (Spirit)
- Alpaca Single Lending (Alpaca)
- Solidex Deflower MIm (Solidex)
- Qui MAIster Kitty (Spooky Swap)
- Ride or DAI Spirit (Spirit Swap)
- Good Old Days Steady Beets (Beethoveenx)
High Risk Vaults
The main characteristic of Aggressive (HIGH RISK) Vaults is the use of calculated risk strategies to increase the returns. Currently the only aggressive (high risk) vault available is for WFTM.