New pool alert: Baymax’s boosted BLP pool is now live for auto | Yield Yak [Announcements]

New pool alert: Baymax’s boosted BLP pool is now live for auto-compounding

Baymax are an Avalanche Perpetual & Spot Exchange which uses BLP as their LP token. BLP holders earns protocol fees plus esBAY, whilst taking on the exposure of platform traders.

Yield Yak’s Boosted Strategy
Similar to YY’s GMX GLP Strategy, the YY BLP pool perpetually stakes esBAY rewards.

Additionally, the Baymax team have awarded 500K esBAY tokens to Yield Yak’s BLP strategy in order to increase rewards for all Yield Yak BLP depositors .

Useful Links:

Yield Yak’s BLP Pool: https://yieldyak.com/farms/detail/0xfA081CBecd37321cCf76F78Cb5aadD228BC27F67

Baymax Finance App: https://www.baymax.fi/#/

DYOR
Baymax is a new project on Avalanche. As with all new protocols, we recommend users to do their own research and invest with caution.