Blizz Finance — New Single-Asset Strategies on Yield Yak

Yield Yak
2 min readNov 20, 2021

Yield Yak now offers one-click leveraged farming strategies for Blizz Finance’s Avalanche markets. These strategies optimize your single-asset deposits, automatically compound your returns, and save you time.

Incentives for Lending

Blizz Finance is a lending and borrowing market on Avalanche based on one of the largest DeFi protocol: Blizz. Users who lend funds to Blizz are eligible to receive interest payments by borrowers.

In such conditions, Blizz users may use low-risk leveraged lending strategies to maximize their APY. Yield Yak helps optimize these strategies and saves time.

Yield Yak strategy

YY uses leveraged farming which repeatedly lends and borrows the same asset. By doing so, YY earns the incentivized APY on deposits plus the incentivized APY on debt.

This is considered a low-risk leverage strategy because both lending and borrowing use the same asset, meaning the risk of liquidation is significantly easier to manage without exchange rate volatility.

Blizz provides two options for receiving rewards. To avoid the 3 month vesting period, Yield Yak opts to make use of the 50% penalty to allow for immediate deposits and withdrawals.

About Blizz

Blizz is a decentralised non-custodial liquidity market protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralised (perpetually) or undercollateralised (one-block liquidity) fashion.

Web | Twitter | Docs | Telegram

About Yield Yak

Yield Yak makes numbers go up. Ape into new autocompounder farms with quick releases and high yields. Swap on Yak for the best prices on trades with zero aggregator fees.

Web | Twitter | Docs | Telegram | Discord



Yield Yak

Earn more yield. Tools for defi users on Avalanche.