Adding YFI in Venus - Binance Smart Chain

Please,
YFI can be added in the currents networks
https://docs.venus.io/docs/getstarted#networks

The token is the native BEP-20 governance token

No Impermanent Loss .
@dudesahn @milkyklim
Thank you.

6 Likes

The gas usage of the protocol functions may fluctuate by market and user. External calls, such as to underlying BEP-20 tokens, may use an arbitrary amount of gas. (https://docs.venus.io/docs/unitroller#get-account-liquidity) , have gas costs that increase with the number of entered markets. Thus, while it can be difficult to provide any guarantees about costs, the table below for guidance:

Function
Typical Gas Cost
Mint
< 200K
Redeem, Transfer
< 200K if borrowing, otherwise < 90K

Borrow
< 300K
Repay Borrow
< 90K
Liquidate Borrow
< 400K

1 Like

@GinkoBilbao, you are right, not so bad
I agree. No degen mode here, still beta but ok.
I m currently ~ 64 apy % 0.14% daily positive in YFI-BNB via Beefy. finance bootstrapped in Pancakeswap router
YFI-BNB LP

Excellent work from BnB teams integrating YFI and the others.
Keep delivering.

5 Likes

@Greg :wink: beefyfinance yield optimizer voting gov and strategies are in prog, sir.

5 Likes

For a decentralized protocol, they can add whatever tokens they like—I would recommend reaching out to their team if you’d like them to add YFI.

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