New Partners in Leveraged Yield Farming—Levva ❤️ Pendle

New Partners in Leveraged Yield Farming—Levva ❤️ Pendle

Interested in farming yield-bearing assets—but with leverage? Levva and Pendle are linking up to enable you to do just that. Levva is a platform that facilitates leveraged yield farming across DeFi, and Pendle is the permissionless yield-trading protocol that lets users execute yield management strategies.

What this offers to you, the yield farmer—

  • Leveraged liquidity from Levva
  • Yield-bearing assets from Pendle 
  • Sparks from Levva to participate in the Levva airdrop
  • 1-click trading inside the Levva platform

How it works

How to start earning yield from Pendle with leverage from Levva? The steps—

  1. Start on Pendle to get Principal Tokens (PTs) for Ethereum or Arbitrum pools that are supported by Levva
  2. Connect your crypto wallet to Levva 
  3. Deposit your PTs into Levva pools as margin
  4. Use that margin to get up to 10X more PTs
  5. Hold your PTs until their maturity dates to get the implied APY from Pendle 
  6. Enjoy boosted APYs because you’re using Levva leverage

What else can juice your returns? Sparks✨ If you like airdrops, then you need Sparks from Levva. Earning Sparks by farming leveraged yield makes you eligible to participate in Levva’s upcoming native token airdrop.

Pendle and Levva are both hot right now

We’re obviously biased, but—this collab makes so much sense. Levva brings leveraged trading to Pendle to maximize your APYs from Principal Tokens, enabling Levva users to earn implied APYs up to 165%! 🔥 

You might like this partnership for the Sparks—but love it for the yields. Assuming that you don’t get liquidated—a potential risk if you don’t watch your position and your PT deviates from principal—you may earn consistently awesome yields just by holding your leveraged position in Principal Tokens to maturity. Levva 🤝 Pendle makes leveraged yield farming pretty simple.

Read more