Yield Generation
Last updated
Last updated
Rewards are generated at 1.5% per day. This yield is achievable due to the actual yield earned by the protocol on your deposited funds by the various components of the Galaxy Finance Ecosystem.
In order to make the platform sustainable and non-reliant on new deposits, we will employ the BUSD from the vaults to earn profits using various strategies, including:
We will deploy bots that will take advantage of arbitrage opportunities to earn a low-risk yield. Occasionally, at times of great market volatility, the profitability of these bots increases drastically. The bots are custom developed by the team.
We will use our own team-developed copy trading and news trading bots to earn a low-risk, high-yield profit. The bots work by scanning popular news sources for any major news/social accounts that may affect prices of any crypto asset. It then alerts us to the news so we can take a trade based on this news. This is a relatively safe but time-consuming method to earn yield.
These projects are already listed in our roadmap but include a web 3 casino, an NFT marketplace, a social platform, and more. We will use funds from Project Andromeda to build the ecosystem out and funds generated through the rest of the ecosystem will support the yield paid out.
