Non Rowan Yield on Sifchain: User Guide
What it is and how to get Non Rowan Return
Introduction
Non Rowan Yield on Sifchain offers an innovative way for users to earn yields in various tokens besides Rowan. This feature allows for portfolio diversification and can potentially enhance investment returns.
Part 1: Understanding Non Rowan Yield
What is Non Rowan Yield? It's a feature on Sifchain that enables users to invest in liquidity pools and earn returns in tokens other than Rowan.
How long does it take to receive rewards?
The current period set to receive the reward is 100 blocks (roughly 10 minutes). Once you have pooled for 100 blocks you will receive the reward based on the APY.
NOTE: New and Older Users pooling in Non Rowan Yield pools, currently only receive Non Rowan Yield
Which Pools offer this?
Rowan: USDC.Noble
Rowan:ATOM
(New pools coming soon)
Benefits for Users:
Diversification: Diversify your earnings by receiving yields in different tokens.
Flexibility: Choose from a variety of pools with different collateral tokens like USDC/Rowan or Atom/Rowan. (More to follow)
Informed Investing: Access to potential alternative tokens with high APY's
Part 2: How to Utilize Non Rowan Yield
Step-by-Step Guide:
Explore Available Pools: Navigate to the section featuring liquidity pools with Non Rowan Yield options. (Paired APR column)
Select a Pool: Navigate to Pools. Choose a pool that has Paired APR % against it
Add Liquidity to Pool: Add the amount of liquidity you want to add and select Add Liquidity
Check LP: After about 100 blocks, you will receive Non Rowan Yield (you can check this after 2 hours - Distribution happens every hour)
Withdraw: Use the normal unbond/remove flow that allows LP to remove their share of liquidity from the pool
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