Apricot launches test network on Solana Apricot Finance's S | Top DeFi

Apricot launches test network on Solana

Apricot Finance's Solana-based DeFi platform has announced the launch of a test network. Users who leave feedback will be rewarded by NFT. Apricot consists of three products: Lend, X-Farm and Assist. It had $4 million invested in it at the end of last August.

Apricot Finance (COT) is positioned by developers as a next-generation lending protocol that supports profitable leveraged farming on Solana.

With Apricot, users can:

= Contribute assets to earn interest (Apricot Lend)
= Borrow assets to trade or income farming using leveraged funds (Apricot Cross-Farm)
= Pre-configure when and how the automatic leveraged drawdown occurs (Apricot Assist)

"Our mission is to help users increase their income while protecting them from losses," the platform description says.