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.