Short leveraged farming

If users speculate that the price of any volatile asset will drop, says you are bearish on APT and believe that the future APT price will be lower than the current market price, here are possible actions you can perform in the Advanced Farming mode on EZ-FI.

1. Select a pool

Instead of selecting any pool, we recommend users to select a volatile-stable pool available on EZ-FI with the volatile side being an asset you think the price will drop.

2. Supply liquidity

Instead of supply any asset(s) or LP token as collateral, we recommend users to supply only volatile asset.

3. Select leverage level & specify asset and the portion of the asset(s) to borrow

Here comes the most important step in this farming strategy. Regardless which leverage level users select, we recommend users to borrow only volatile asset. In this case, if users select to perform 3x leveraged yield farming, 2000$ worth of APT should be borrowed to add up the total position to 3000$.

4. Confirm Strategy

Users should read through the position breakdown summary and ensure that all steps are performed according to the recommended user actions.

For a quick recheck, users are recommended to look at 3 key data:

4.1 Pool name Check whether it is a volatile-stable pool with the volatile side being an asset you think the price will drop.

4.2 Total supply Check whether users are supplying only volatile asset as initial liquidity.

4.3 Total debt Check whether users are borrowing only volatile asset to achieve desired leverage level.