General
What is ETHA Lend?
ETHA Lend is a chain agnostic yield optimizer that abstracts the complexity in DeFi to provide algorithmically optimal yields and offers a truly set-and-forget experience for all user classes irrespective of asset class or experience.
Why launch on Polygon first?
Integrating with Polygon has enabled faster transactions, low transaction fees, and a seamless experience for our users. Polygon was our first choice since it is a thriving ecosystem including some of the leading DeFi projects. Many DeFi projects such as Aave, Sushi, and others have expanded to Polygon. ETHA Lend users’ will also benefit from this thriving ecosystem. It is perfect to build scalable DeFi infrastructure.
What is a yield optimizer?
A yield optimizer is an automated protocol that aims to gain maximum returns on users' assets. Yield optimizers can offer higher returns much more efficiently than maximizing yields manually, thus reducing the load and risk on the end-user part.
ETHA Lend as a DeFi yield optimizer hosts its own eVaults. Each eVault has its own unique strategy for optimal yields. Traditionally a user will have to constantly reinvest their assets on several different protocols, compare and find the best opportunities every day and over. But with a yield optimizer, the rewards given out from the users' assets are reinvested into the liquidity pool. This compounds the profit received and increases the amount of assets that the yield was originally based on. A yield optimizer like ETHA Lend, thanks to its 700X faster discovery algorithm, can repeat this process over a thousand times a day. This is the fundamental reason behind the APYs found on ETHA Lend being so huge! A complex concept that ETHA Lend has made a reality but with the simplest and most elegant user interface for higher inclusiveness of all user and asset classes.
What is APY?
APY is the annual percentage yield offered on a particular investment. The yield considers the compound interest, thereby offering the most accurate breakdown on users' returns compared to simple interest.
What is APR?
APR (Annual Percentage Rate) is the yearly interest, minus fees. This does not include compounding effects that occur from reinvesting profits.
Why are APYs on ETHA Lend relatively more optimal?
As seen on ETHA Lend currently, optimal APYs in the percentage of thousands are possible with strategies that provide daily yields. Due to your liquidity pool rewards being constantly allocated in high opportunities thanks to our discovery algorithm, the interest compounds on larger and larger amounts!
How can I find out how much earnings I have accumulated?
You can use the highly intuitive dashboard created for our users' pure convenience – The "My Portfolio" Page.
The My Portfolio page will show all the key elements for higher awareness of your assets and investments, including:
Invested assets
Uninvested assets
Total invested Total Earnings
-Net worth
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