7up.finance is glad to announce the launch of BURGER farm on the platform. We have teamed up with BurgerSwap under the Fast Food Alliance to make this happen and bring you a total of 100 7UP rewards everyday available for users to farm.
This is not LP mining, so there is no impermanent loss risk.
Since launch, 7up.finance has experienced unprecedented FIL borrowing interest and increasing user volume, resulting in a Utilization Rate of as high as 99.99%.
In response to the community’s requests and the market condition, we have decided to increase the Market Popularity factor to reflect the real demand, and the maximum of FIL lending APY is increased to 500% from 170%, as explained in the following formula:
Lending APY = Base APY + Utilization Rate * Market Popularity
The APY cap increase will be implemented and…
The very first liquidity pool is live on 7up.finance! Provide liquidity to the BURGER/7UP pool on BurgerSwap and receive 7UP tokens on top of the BURGER LP mining rewards and transaction fees!
As a first result of our membership of the Fast Food Alliance we have teamed with BurgerSwap and Fry.world to make this happen!
While the liquidity is provided on the BurgerSwap platform where LP’s will receive mining rewards and transaction fees in BURGER, the tech has been pioneered by the BurgerSwap team together with the Fry.world …
Through matching the FIL holders and FIL seekers, 7up.finance is designed for the FIL borrowing market.
Meanwhile, on the 7up.finance platform, lending itself is a way of mining. Once a loan contract takes effect, the borrower and lender will both receive rewards in 7UP, the native token of the platform.
The utilization rate on a lending platform refers to the percentage of the borrowed assets of supplied assets.
If you want to use the 7up.finance platform, you will need to switch your Metamask network to Binance Smart Chain before connecting your Metamask wallet.
How? Read on!
Through matching the FIL holders and FIL seekers, 7up is designed for the FIL borrowing market. Meanwhile, on the 7up platform, lending itself is a way of mining. Once a loan contract takes effect, the borrower and lender will both receive rewards in 7UP, the native token of the platform.