Discover more from Pod Town Metaverse
Introducing Pod Compy: Pod Town's Auto-Compounder
About Pod Compy
Forked from Beefy, Pod Compy is the team-built engine that helps users to auto-compound yield farming and leverages the power of compound interest.
Pod Compy allows us to tailor the protocol the way you want. It also offers users the best returns on yields with a better fee compared to other alternatives.
Why Pod Compy
Simply because we can’t stand betting our community on any 3rd party. And since compounder would be one of our foundation components, all utilities in the verse will rely on it. We want to make it right.
Plus, users are welcome to suggest their favorite protocols to add to the vault.
So what’s in it for you
The best yield in the market.
The lowest fee. Only 3% performance fee compared to 4-4.5% from others
Even better offers from our partnership. We’ll get into it shortly after this.
Getting involved in Pod Town Metaverse with more benefits to come
As a part of the deal with our launching partners, we offer 0 performance fee for 2 weeks, starting now until the end of March, for some vaults on Pod Compy, including:
SpiritSwap: SPIRIT-FTM, LQDR-FTM, USDC-FUSDT, USDC-FRAX, USDC-FTM, USDC-MIM, USDC-DAI
Beethoven X: In the Hall of the Mountain King, Exploding Shrapnel, The Monolith, Beet Mason’s Oath
And more to come.
Dive deeper into behind the scene
Each of our Vault comprises two smart contracts, a Vault Contract, and a Strategy Contract. Both exist on the blockchain and so can be publicly verified by anyone.
The Vault Contract secures and manages all deposits and withdrawals for all Crypt assets. This contract replaces an intermediary or custodian for your deposits. It's like the bank teller and the bank vault rolled into one.
The Strategy Contract handles all the transactions that generate that tasty APY. It sells the rewards farmed off your assets, creates new LPs, and re-deposits them into the Vault contract for you. If the Vault contract is the teller, the Strategy contract is your broker. It's the one doing the work of generating the value for you.
All the gains on your deposit stay in the Vault, earning more and more return until you decide to withdraw. This is very tax-efficient as no gain is realized until withdrawal.
The Vault will receive your LP tokens, automatically stake them to the farming pool and compound it. The compounding ratio will depend on the TVL of that pool, the bigger the TVL the higher the frequency, but we’ll guarantee at least once per day.
First, head to compy.pod.town
Select your favorite vaults and deposit.
Sit back and enjoy the eighth wonder of the world, your compound interest.
Some of our vaults are
Zappable - this means you can directly convert any assets you have into LP tokens, and Pod Compy will take over.
For more information on Pod Compy, visit Pod Compy.