Multiply

Increase your exposure to any asset by leveraging it on Banx to farm more yield or rewards

Why multiply?

Multiply lets you gain exposure to more tokens than you currently hold, enabling you to maximize your yield or farming.

For example, holding JLP provides a base APR of 50%. By multiplying your holdings at an interest rate of 15% APR, you can achieve a boosted return of 160% APR on your total holdings.

How multiply works?

Multiply works by borrowing additional capital and swapping it for your chosen multiplying asset directly within Banx in a loop.

How to multiply?

1. Go to the Multiply page

2. Decide the amount you want to multiply.

3. Select a multiplier level, up to 100X.

4. Track and adjust your position as needed under the “Positions” tab.