Multiply
Multiply strategies are ways to borrow and lend your tokens in smart combinations so that you can:
Maximize rewards (staking, fees, etc.)
Minimize risk (price swings, bad debt)
Stay efficient in volatile or expensive markets
We’ll break them down one by one, but first:
Key Terms
Token: A basic crypto asset (like EGLD).
xToken: A version of a token that earns rewards automatically (like XEGLD = staked EGLD).
LP Token: A token you get for providing liquidity on an exchange. It earns trading fees.
APY: Annual % Yield. How much you're earning or paying over time.
Collateral: What you deposit to borrow something else.
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