BiShares Finance to release Yield Bearing Funds

BiShares has recently gone through an accelerated growth stage that has brought 7 dETFs onto the Binance Chain, and most recently, two new funds on Fantom. Each of the funds serves its purpose depending on what the users need to diversify in — for some it’s been DeFi, for others GameFi, others prefer FOMO, etc — there’s a wide spectre. At BiShares we are building funds for everyone.

We have been keeping an ear to the ground with our community and they have been asking for yield. So after a month of coding, we have enabled just that. We want to introduce you to our newest feature, Yield Bearing Funds which will go live October 29th.

How do they work?

Zap in and out!

Yield Bearing funds

Binance Smart Chain

Blue Chip YBF: November 5th
The Blue Chip YBF mints a yield-bearing token that will farm the most stable blue chip type tokens like CAKE, BIFI, BANANA, etc. This Fund is developed for the long-term farmer with exposure to the BSC ecosystem. Users will earn the average of all the APY/APR across all the farms without having to jump from pool to pool to try and optimize it. Impermanent Loss will be limited since these are the top assets in the BSC ecosystem. If it’s healthy, so is the Fund. It is a medium-risk auto compounding Fund.

ApeSwap Farm YBF: October 29th
Attention to all Apes! The volatile yield-bearing token that’s minted in this Fund will farm the most stable partner tokens from Apeswap which have the greatest potential for growth as well as the best yields. This Fund is targeted as midterm farming exposure to the entire Apeswap ecosystem. Users will earn the average of all the APY/APR across all the farms without the need to do anything to try and optimize it. Impermanent Loss will be more at risk in this Fund since these are fairly new assets and have a higher degree of volatility. So this fund is a high-risk/reward and is meant for the true aper looking for both, alpha and yield which gets auto compounded.

High Yield YBF: November 5th
This YBF will mint a yield-bearing token that will farm the most stable and high-yield tokens that have the most consistent yield for growth. This Fund is meant as midterm farming exposure to the entire BSC ecosystem. Users will earn the average of all the APY/APR across all the farms without having to jump from pool to pool to try and optimize it. Impermanent Loss will be more at risk in this Fund since it includes volatile assets but will also offer a high yield. It is a high-risk Fund and meant for the true degen.

Fantom Chain

Blue Chip YBF: November 3rd
This top of the food chain YBF mints a yield-bearing token that will farm the most stable blue chip type tokens like SpiritSwap, Tarot, etc. This Fund is meant as long-term farming exposure to the entire FTM ecosystem. Users will earn the average of all the APY/APR across all the farms without having to jump from pool to pool to try and optimize it. IL will be limited since these are the top assets in the FTM ecosystem. If the market continues to grow, so will the Fund. It is a medium-risk Fund.

High Yield YBF: November 5th
Fantom degen OGs will love this one! Mint a yield-bearing token that will farm the most stable high-yield tokens that have the most stable yield for growth. This Fund is meant as mid-term farming exposure to the entire FTM ecosystem. Users will earn the average of all the APY/APR across all the farms without having to jump from pool to pool to try and optimize it. IL will be more at risk in this Fund since it includes volatile assets, this fund will offer high-yield and is of high-risk.

Fees for the herd

  • NO deposit or withdrawal fees!

All new YBF will include a low 3% performance fee. 3% of all farmed yield will be used to buy back BISON from the open market creating sustainable buy pressure on the BiShares token. The accumulated tokens will be redistributed back to stakers of BISON on the BiShares platform.

Rewards

Roadmap

BiShares Roadmap
BiShares Roadmap

BiShares is a multi-chain project which offers decentralized Exchange Traded Funds (dETF’s) for safe crypto diversification