Pylon Finance is a farm where you stake your assets to get $PYLON (https://www.coingecko.com/en/coins/pylon-finance). The good thing about Pylon is that it doesn’t require you to stake LP tokens like Sushiswap.
Here’s the list of assets available and current APYs:
WETH - 235%
COMP - 865%
LEND - 676%
SNX - 634%
wBTC - 276%
LINK - 228%
- To stake you just go to https://pylon.finance/#/farms and choose the farm you wish.
- If you choose WETH for example, you’ll get this:
- The interface is similar to YAM, so you just need to Approve the asset and click on “+” and then you can harvest rewards after a while.
- Here’s a sample after a while:
- I can either click on Harvest to get just the $PYLON or “Harvest and withdraw” to get my $PYLON and $LEND back.
- You can sell $PYLON on Uniswap at https://app.uniswap.org/#/swap/0xd7b7d3c0bda57723fb54ab95fd8f9ea033af37f2
- Happy farming!