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LeoGlossary: Kingdoms

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Published: 23 Jul 2022 › Updated: 23 Jul 2022LeoGlossary: Kingdoms

LeoGlossary: Kingdoms

A feature on the Leofinance decentralized finance platform that allows farmers to not only earn the native token but increase their yield by benefiting from cross-platform farming.

This is auto-compounding vaults.

With a Kingdom, liquidity providers stake their cryptocurrency which compounds their position via smart contract. The off platform tokens earned by the platform are used to by the native asset ($CUB), which is distributed to the farmers.

Essentially, Kingdoms allow users to farm two platforms at the same time.

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