EARN EXPLORE

Farming just got easier

Invest in Switch Pool as Liquidity Provider and experience the great potential of yield farming.

Product Type

Liquidity Provider

Asset Type

Selectable

Investment Period

3 Month +

Recommended for:

  • Those with thorough knowledge of DeFi services

  • Those who fully understand the risks associated with the hedging strategies employed in this product

  • Those who want to become liquidity providers without staking pairs or paying additional fees

Product Information

Become a liquidity provider by locking up your BTC, ETH or USDT in the Haru Switch swap pool and farming your assets through our automated trading system.

Your earnings are based on three key variables:
- Current crypto market value
- Your contribution ratio of the entire swap pool
- Haru Switch order volume: fees incurred from all orders will be paid to liquidity providers

This automated product involves multiple variables, which may result in high returns but also comes with a higher degree of risk, compared to our other products.

Enjoy an easier and stress-free DeFi experience with Farming just got easier.

Product Name

Farming just got easier

Asset Type

BTC / ETH / USDT

Investment Period

Matures on last day of three months
after subscription, extension possible.

Minimum Amount

0.001 BTC / 0.005 ETH / 10 USDT

Strategy

Liquidity Provider to community driven swap pool

Product Type

Liquidity Provider

Fee

If over 15% annual return generated in coin and USD value generated, 15% on return

Product Operating Start Date

2021-12-01

How Market Trends Can Impact Earnings

This is a hedging product, meaning the quantity of your asset may increase while its USD value may decrease, and vice versa, depending on the current market.

*Please note that this is an extremely simplified example aimed at improving overall understanding of the product. Contribution ratio (individuals may enter the swap pool with varying amounts), swap volume, and market value constantly fluctuate, making it difficult to predict exact earn rates.

Example :
User A signs up for Farming Just Got Easier with 1 BTC valued at $60,000 USD. User B signs up with 60,000 USDT valued at $60,000 USD. The entire swap pool is now valued at $120,000 USD, with both users’ contributions standing at 50% respectively.

50%
50%
User A invests
1 BTC
≈$60,000
User B invests
60,000 USDT
≈$60,000
When Crypto Market Decreases
1 BTC ≈ $30,000
Pool Value
$120,000
$90,000
User A receives
50% contribution
1.5 BTC
≈$45,000
50%
User B receives
50% contribution
45,000 USDT
≈$45,000
-25%
May
Jun
Jul
Aug
Sep

If you invest today,
your maturity date is 2022-08-31.

On the maturity date,
investment + earnings is automatically transferred to Haru Wallet.

Frequently Asked Questions
How does Haru manage Switch Fund?
The asset invested through Switch is transferred to Switch Pool and is used to swap currencies in Switch. Every transaction made in Switch involves fees with relative fee rates varying from 0.05% to 0.9%. Switch is a community driven platform, therefore, the accumulated fees are redistributed to LPs’ account daily according to each LP’s contribution to the pool. The performance of the investment is provided to LPs on the 15th and 30th every month to check the details.
What is the expected risk of this product?
Switch is a community driven swap system, meaning that the system is sensitive to trading volume and market conditions. The yield rate is determined by the volume of transactions and the volume of liquidity provided from LPs. Assuming equal trading volume every month, the LPs will earn more when less liquidity is available. The LPs will earn less when more liquidity is available. The market condition will result change in value of the principle. Since every coin has its market value, the market condition will change the value of the principal investment. To minimize the fluctuation of the principal value, LP may invest an equal amount of crypto and stable coin.
Does ‘Farming just got easier’ provide double-sided liquidity?
LPs can pursue double-sided liquidity by adding equal value of crypto and stable coin to two different investment products. By investing both crypto and stable coin to the pool, LP would effectively be hedging the asset from dramatic market volatility and result stable yields.
Disclaimer
Return on investment fluctuates depending on market trend and switch transaction trend and we do not commit to a specific rate of return.
This product has the risk of losing principal either in coin value or USD value. Previous operating results do not guarantee future profits.
The information used in the description and guidance of this product is based on reliable data, but the result varies depending on transaction trends and therefore does not guarantee such profits.
Investment settlement may take up to 24 hours on the maturity date.