Think of Sturdy as a decentralized yield farming fund. Borrowers can leverage collateral assets like Convex LP tokens; they forgo a portion of the yield to gain up to 10x leverage. Lenders receive a portion of the yield from borrowers’ farming in exchange for providing liquidity. This system creates a positive-sum interaction between user groups by offering lenders the benefits of active yield farming without taking on gas costs, time commitment, and increased risk while allowing borrowers to gain outsized positions with which to farm.We’ve held off this long to ensure we had designed a sustainable system capable of supporting itself without relying on token emissions. It’s become clear that we’ve passed that point, and now we’re ready to more fully welcome the community into the Sturdy fam.This is a very exciting time for Sturdy, and we’re glad to have you along for the ride. The $STRDY token will help dictate the future of the protocol and leveraged yield farming!

Sturdy, the #1 source of leverage for yield farmers, has announced a token airdrop!

Sturdy Finance

Other articles published on Jan 11, 2023

Gala Games Takes Complete Ownership of Ember Entertainment

You've been waiting for this and it's finally happened.

Decentralized Exchanges: Why Are They Suddenly Popular?

Solana Pumps by More Than 35% Before Today’s Minor Correction

Pool Mining Game Mode Chats

French Central Bank Governor Advocating for Strict Crypto Licensing

Join our free newsletter for daily crypto updates!