Eleven Finance
  • 👋Introduction
  • The ELE token
    • Token Structure
    • Burn History
  • Security
  • Vaults
    • Eleven Finance vaults explained
    • How to deposit in a vault
    • Boosted Rewards (Staking)
    • Benefits of compounding
    • The Harvest Function and Fees
    • How to withdraw from a vault
    • Contract Addresses
  • Leveraged Yield Farming
    • Introduction
    • A brief example
    • As a lender
      • Staking in eleBANK
    • As a leveraged yield farmer (lender)
      • Opening a leveraged yield farm position
    • Interest Rates
    • Liquidation
  • Audits
    • Completed Audits
  • Community
    • Links
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  • What is Eleven Finance?
  • The beginning of Eleven Finance

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Introduction

Welcome to Eleven.Finance!

NextThe ELE token

Last updated 3 years ago

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What is Eleven Finance?

Eleven.Finance is a cross-chain auto-compounder, lending protocol and leveraged yield farming platform. The focus of our platform is to offer great APYs with our streamlined fee structure, dynamic approach to new strategies, being community driven all while driving value to our native ELE token.

The beginning of Eleven Finance

As the Decentralised Finance (DeFi) world grows, the search for the best yield grows with it. From the birth of the ‘Grandfather’ of yield optimisation, Yearn Finance, the space has seen a growing number of options for DeFi participants in search of the best returns.

Alongside this DeFi has moved beyond the Ethereum blockchain, seeing exponential growth on Binance Smart Chain, Polygon, and many other chains. This has brought fast and cheap transactions to a growing number of platform users. In turn this has resulted in an explosion of DeFi protocols on these platform, that have brought with them countless opportunities for yield.

It has now also helped bring Eleven Finance into the world. Our vaults make use of a variety of incentivised liquidity and single asset pools across these ecosystems allowing users to take advantage of our yield optimisation strategies and enjoy fantastic returns. As an extension of this our leveraged yield farming platform is a natural extension of our vault network. Allowing users to lend assets for returns or borrow funds to gain more exposure to potential farming returns.

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