ButterFinance — a Syrup Pool yield optimizer that maximizes the return on the available protocols of various DEXs by automatically targeting the most profitable pool for invested tokens and automatically accruing rewards.
The protocol is for anyone who loves their favorite DEX's own tokens and wants to get as many tokens as possible. This is also for those who like to reduce risk because, unlike providing liquidity, you do not have the risk of intermittent losses with the Syrup Pool, which only requires one token. But most of all it is for people who want to maximize their passive profits in a safe "set it and forget it" way.
Other features:
| 2 | ButterFinance offers vaults where users place a native available DEX as their main deposit. |
| 1 | The vault places the investment in the Syrup Pool, which currently has the highest APR of all available pools in the respective DEX. |
Rewards are automatically exchanged for the main (and native) DEX token, which is added back to the pool. If at any stage another pool of syrups with a higher APR becomes available, the principal amount will be withdrawn and placed in a more profitable pool. This provides the highest possible annual interest rate at any time with ButterFinance Vaults.
ButterFinance takes a performance fee of 4%. ButterFinance does not charge any other fees or costs. If the target pool charges fees for deposits and withdrawals, you will be informed accordingly.