Introducing Merlin lab: Auto compounding Aggregator on BSC

Background

A significant aspect of DeFi movement is called Yield farming which is also known as liquidity mining. Yield farming is the a way of earning more cryptocurrency with your current cryptocurrency holdings . Yield Aggregators play a key role in the yield farming economy by leveraging different DeFi protocols and strategies to maximize user profits. Yield farming can be referred to another forming of HODLing assets (cryptocurrency) and it works when users called liquidity providers (LP) add funds to liquidity pools.

Merlin Lab

Merlin is an auto-compounding yield aggregator built on the Binance Smart Chain (BSC) network with an ecosystem designed to focus on safe and sustainable maximum yield return. Merlin allows its users to get the best return on their assets from yield farming pools by simply staking $Merl.

Unlike other type of yield aggregator, Merlin takes care of gas costs and it also provides a secured network that assures users of the assets’ safety.

Merlin’s auto-compounding strategies maximise APYs across different yield farming protocols to achieve the most efficient capital returns where its users earn key assets such as BTCB, ETH, BNB, CAKE and even more $MERL.

The improved Merlin Lab tokenomics which boast of yield converter of 30% makes Merlin Lab one of the highest yield aggregator on the BSC network and also users get to enjoy a 20% higher proportion of your rewards in $CAKE.

Website: https://www.merlinlab.com

Twitter: https://twitter.com/MerlinLab_