🔼Multiply

If you understood Long and Short, you will have no trouble understanding Multiply. Multiplies are curated Long and Short strategies with higher Loan to Value, Liquidation Thresholds and smart asset combinations for maximum efficiency and minimum risk. Powered by E-Mode 💥

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.