Capital in DeFI tends to move around a lot, chasing higher yields in the newest and shiniest chains like Solana then Terra then FTM and then etc. When it does that, significant alphas in older chains like BSC are likely to get overlooked. In this post I’ll talk about two such alphas, namely the ACH-USDT and ERA-BNB Pancakeswap LP pairs.
ACH is the token of Alchemy Pay, a company that aims to be a payment gateway bridge between fiat and crypto
In short, it’s a utility and reward token like $SUSHI/$CAKE but for merchants. During its Pancakeswap (PCS) launch, the syrup pool ran into some issues
That might be why it hasn’t really taken off yet in PCS though the issue has been thoroughly fixed since then. The ACH token is listed on major exchanges such as Binance and Coinbase, moreover Binance has it in it’s high yield staking program
With staking also available on ByBit
Single staking ACH gives between 30-40% APR, however it is an inflationary reward token, meaning its circulating supply increases over time.
For those type of tokens , it’s more profitable to stake the LP instead, especially stable quoted LPs like ACH-USDT. It’s currently at 95% APR (10% Tx Fees + 85% Farming Rewards) having \~1 MM USD in liquidity. Auto-compounding it will give \~150% APY with the following profit profile
[LP Profit Calculator](
[\*Token A X axis is ACH](
ACH can go down -75% in a year and you’d still make 50%. That is just simply too good to pass up,
**Another token of interest is ERA of ERA7.io**
An upcoming card PvP NFT game focusing on eSportsFI, Here’s a quick look of the gameplay art
And the game backstory here
Pancakeswap even hosted an AMA with them
A team with doxed Game Devs that have experience working on AAA games.
The game itself is still in prelaunch / alpha testing phase
And from what we’ve seen so far from the likes of Cryptomines and BombCrypto, a typical BSC NFT games has a 3-6 month shelf live, peaking 1-2 months after the game is launched before dropping off the proverbial cliff
Since ERA is still in the prelaunch phase, now looks to be a good time to get in early and use the LPs (129% APR) to mitigate your risk. I like ERA’s concept and artwork thus I believe it’ll be able to survive much longer then a few months but in trading/investing best to not let your personal biases cloud your judgement and instead make decisions based on hard data, in this case it means a medium term play for this LP rather than a long term hold.
For the two LPs discussed, to maximize gains you’ll need to use a yield optimizer’s auto-compounder. You won’t find either ACH-USDT or ERA-BNB LPs in platforms like Beefy, Bunny, Autofarm or Alpaca but fret not as both LPs are available in [happyhippo.farm]( vaults which are currently **giving out 150% and 248% APY respectively.** The early bird gets the worm as APY gradually decreases as more liquidity pours in.
**TL;DR: The high probability high profit play would be to farm ACH-USDT for a year and ERA-BNB for a** **few months until the game launches while autocompounding the farming rewards**
7 thoughts on “A look at ACH-USDT (150% APY) and ERA-BNB (248% APY) Pancakeswap LP Farms”
Can you ELI5 me, how to do this, as I’m still new to defi. If I wanted to get the APY I’d buy some ACH in say metamask and link that wallet to happyhippo and then click “stake” and come back next year for twice as much ACH. Is that about right? The risk are happyhippo gets hacked and ACH crashes 99$? Thanks.
That game looks cool is the kind of stuff i like playing might look into it
That being said i ain’t buying anything in crypto rn. If there’s one thing everyone should have learnt by now is that apy on a decpreciative token doesn’t mean anything
Interesting information, thanks
Wow this look amazing. I’m into staking these days and im currently staking with Ekta . io. Their staking pool offers 1,3,6,9,12 months holding period. I opted for 12 months and their APR is up to 150%. I think this is a great way to earn passive income. You should check it out too!
Lately, I’ve started using DeFi Watch. It’s an investment tool with a deep dive into analytic data. There’s a useful filter for pools. The platform supports a lot of projects. Here you can also connect a wallet and track investment positions and assets. Explore it
>still in profit if -75% after a year
Just reminder most shitcoins will -99% in less than a week in bear market, especially the inflationary ones, and especially the ones that reward in native tokens
Libre Defi could be usefull in that case. Just DYOR and enjoy that