Today we are proud to announce the launch of KuStack, a Decentralized Finance (DeFi) Yield Optimizer that gives opportunity to its users to automatically compound their farming yields. If you think the farming in KuSwap was great, now you can autocompound them and earn interest on your yield as well.
The Power of Compounding
Compounding is very important in farming because it simply means earning yield on top of your yield. This is something that KuStack does excellently and efficiently.
For instance, a $8,500 investment invested in a farm with an Annual Percentage Rate (APR) of 138% year will become $20,230 in a year.
With manual daily compounding, the Annual Percentage Yield (APY) is around 295%. This would mean that the same $8,500 investment can become $25,075 which can be higher or lower, depending on different factors such as the price of the tokens and the amount of liquidity farming in that liquidity pool.
With KuStack autocompounding, the same $8,500 investment at the current rate of 493.29% APY can become $41,922 in a year and $1,019,736 in just 3 years. Again, the actual yields or profits would depend on other factors such as the prices of the tokens being farmed as well as the liquidity in that liquidity pair.
Easy to Use
While all these can seem very complex, onboarding and using KuStack is actually so easy (like everything else in the KuSwap platform) as we offer everything in a simple manner for any investor without the need to engage in the complexities of our strategies. Just deposit your crypto in KuSwap and deposit your LP tokens in KuStack and we will take care of the rest.
Safe, Permissionless, Trustless
KuStack smart contracts are safe for users to collect yield from their investments in a decentralized manner. With KuStack, all you need is a supported wallet and some LP tokens which you can get by adding liquidity to the exchange. You control your funds at all times. KuStack maximizes the rewards you can collect from yield farming opportunities without you having to do them manually.
KuStack x KUSGOV
The fees collected from KuStack all go to the KUSGOV stakers, wait for it…. in KCS! Yes. You can stake your KUSGOV tokens in KuStack in order to receive KCS. So not only will KuStack automatically compound your farms, the fees collected from using KuStack will also benefit the platform and reward its most loyal supporters.
This is an additional benefit for the KUSGOV token which will encourage more new users to participate in the governance of KuSwap and help in continuing to make it truly a community-centric platform.
The KuSwap team is constantly evaluating protocols developed in other networks to determine if they can be improved and brought to the KuSwap Ecosystem.
Similarly, we are looking into multichain opportunities for KuStack so that we can both contribute to other chains with services while also continuing to grow our ecosystem around KUS and KUSGOV. Staking KUSGOV and earning not only KCS but also BNB, ETH, and CRO, is a possibility that will be available soon.
KuStack goes live on April 5, 2022 and we will continue to explore and secure the largest yield methods available in the decentralized finance (DeFi) space.
More exciting things are coming not only for KuSwap, KuStack, and KUSGOV. So keep farming in KuSwap, autocompounding in KuStack, and locking your KUS tokens for governance in KUSGOV in order to receive the maximum gains possible.
Till next update. #SwapItTillYouMakeIt