Growing your crypto just got easier
Valora users can now grow their crypto by lending tokens through a liquidity pool without leaving their Valora wallet.
Valora users can now grow their crypto by lending tokens through a liquidity pool without leaving their Valora wallet.
Typically, entering a liquidity pool requires multiple steps: finding a provider you like, choosing the pool that’s right for you, connecting your wallet to the protocol and getting it set up, managing your funds across your wallet and a dapp, etc. We’ve simplified this process, integrating all this functionality from trustworthy providers directly in our app to make it easier for you to earn. This is a useful feature for people with varying levels of comfort with crypto, but especially helpful for novice users who want to deepen their knowledge of the space and participate in the crypto ecosystem.
A liquidity pool is a collection of specific token(s) provided by other crypto users for the purpose of providing liquidity for that token. Users contribute to the pool, and in return, they earn interest from trades made using those funds.
There are many liquidity pool providers. Valora currently supports two liquidity pools across two providers, Aave and Allbridge. The Aave pool requires tokens on the Arbitrum blockchain while the Allbridge pool requires tokens on the Celo blockchain. Valora makes it easy to swap and deposit tokens if you don’t already have the exact ones you need. Best of all, there is no minimum balance required, simply make a deposit, manage your positions, and withdraw your earnings at any time, all from your Valora wallet.
Download Valora.
Head to Valora’s Discover page.
Tap the “Earn on your crypto” message.
Tap into the pool options to evaluate the one that is best for you, then click Deposit to get started.
Be sure to stay tuned and follow @Valora to be the first to know about upcoming features, launches, and earning opportunities.