Extra Finance (EXTRA) is a community-driven DeFi protocol on Optimism, offering leveraged yield farming and lending pools. More
| Fully Diluted Valuation | $17.17M |
|---|---|
| 24H Trading Volume | $15,828 |
| 24H Low / High | $0.02 / $ 0.02 |
| Circulating Supply | 361.99 M |
| Total Supply | 885.67 M |
| Max Supply | 1.00 B |
| Categories | Base Ecosystem 1 more |
|---|---|
| Founder | Anonymous |
| Website | app.extrafi.io |
| Socials | 2 more |
| Chains | Base Ecosystem 1 more |
| Explorer | Basescan 2 more |
| Contracts |
0x2da....938f8
1 more
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| Name | Pair | OG Score |
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Extra Finance is an innovative DeFi platform operating on Optimism, designed to provide users with accessible financial opportunities. Let's dive into its key features and roadmap for future developments.
What Extra Finance Offers
Extra Finance offers leveraged yield farming and lending pools, giving users ways to grow their assets. Leveraged yield farming allows users to increase potential returns by customizing their farming strategies. Meanwhile, lending pools enable users to earn interest on deposited assets, offering a passive income stream.
Governance and Utility Tokens
Extra Finance operates with two tokens: $EXTRA and $veEXTRA. $EXTRA is a utility token, rewarding liquidity providers and incentivizing participation in liquidity pools. $veEXTRA, the governance token, empowers holders to take part in decision-making through voting. Holders of $veEXTRA enjoy additional benefits like APR rewards and access to exclusive pools.
Security Measures and Roadmap
Security is a top priority for Extra Finance, achieved through credit insurance integration and strategic partnerships. The roadmap outlines upcoming features such as one-click farming templates and advanced strategy vaults, ensuring continuous improvement and user satisfaction.
Conclusion
Extra Finance simplifies DeFi participation with its user-friendly interface and diverse offerings. As it continues to evolve, it remains dedicated to providing secure and rewarding financial opportunities for its community.
Extra Finance stands out for its leveraged yield farming and lending pools, allowing users to customize their strategies for higher returns. Additionally, its dual-token system ($EXTRA and $veEXTRA) offers governance and utility benefits, enhancing user engagement and participation.
Extra Finance is spearheaded by the efforts of CrossFi, a non-profit entity dedicated to advancing payment systems and technological solutions in the DeFi space.
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