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Summit Defi, what is it?

Mar 22, 2022
4.89 (496 votes)

Summit Defi, what is it? Introducing “Yield Multiplying” to the world of DeFi. Features and direct access to the official website.

Summit DeFi

Summit DeFi brings a new flavor to the world of Yield Farming.

At Summit DeFi, we’ve taken the elements that you know and love in a standard DeFi Yield Farm, and combined it with a new element of risk and reward.

Pick your elevation, select your totem, get farming, and enjoy up to 10x winnings! All without ever putting your staked capital at risk.

Why limit your farming yield to only what you farm?

You’re sitting there, farming away with countless other users, and you don’t even get to touch their rewards at all. Not even a little bit.

Seems like a waste to us.

Worlds first Gamified Yield Multiplying Platform Discord

Summit DeFi advantages: Risk the Milk, not the Cow

Instead of risking the principle, you only risk the interest. Your staked funds are always 100% safe, all you have to lose is a bit of your time. In DeFi terms, only your yield is at risk, never your staked amount.

Easily adjust your strategy between the different elevations to match your risk tolerance. Whether it’s guaranteed gains or risking your milk money, we’ve got you covered.

Usually yield farming means your funds can’t earn consistent and guaranteed rewards in other farms and vaults.

Why should that have to change?

Staking with Summit DeFi passes your funds through to trusted and validated names in the DeFi world, and uses the earned rewards to build massive expedition pots which you get a chance to win as well.

Expeditions eliminate opportunity cost and return passthrough rewards right back to you, like you never even left the vaults. Even earn the passthrough rewards of less steady handed SUMMIT holders who have sold their ticket to ride.

Set it and Forget it

It’s not required to micromanage your funds every round (you can if you’d like). Your funds are automatically entered into the next round when a round ends. You can continue to win while you sleep, and your winnings will wait for you to come back.

Elevating Funds

Elevate to switch funds between elevations with only a single transaction fee. Elevations unlock gradually during the first week, but we don’t want you to be penalized for staking early by paying multiple fees.

Direct access to the official website

Vous aimez, partagez-le à vos amis, merci!

MDN

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