Mule Pool: Atlantis Loans

Less than a week after announcing Don-key’s new Mule Pool function, the team is quickly delivering the first one: Atlantis Loans, which is now live!

For the next 14 days, the Don-key community can stake their extra, non-tier locked $DON tokens to be eligible for $ATL token rewards. The 5000 Atlantis tokens allocated to the pool will be disbursed according to pool weight and time invested; so the more and earlier you stake, the more $ATL you will earn. Giving the community some time to deposit, rewards will begin to accrue 12 hours after the farm goes live, so at 1 am EST. At this time, each block processed on the blockchain will disburse 0.01240079 $ATL until rewards conclude at the last of 403,200 total blocks.

Tiers 1 and 2 can only stake a maximum of 500 $DON while Tiers 3–5 have no cap, and can therefore earn as much ATL$ as they want.

Once rewards are disbursed, Don-key will create a dedicated copy-farm specifically for Atlantis. It will utilize their lending scheme, but specific details will be released once the reward period concludes.

If the Mule Pool excites you, stay tuned because Atlantis is the first of many! In fact, number two will be announced as early as this week!

About Atlantis Loans

Atlantis Loans is a decentralized non-custodial money market protocol where users can participate by borrowing or lending money through the protocol directly from BSC.‌ The Atlantis Loans protocol is autonomous and algorithmic with its parameters being controlled by governance proposals and yield curves.

With around 900 users supplying liquidity and 400 users borrowing from the platform, current TVL is around $130 million dollars. Through Don-key’s dedicated copy farm, Atlantis Loans is excited to capture a new market and bootstrap user growth.

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About Don-key Finance

Don-key.finance is building the first social trading platform for yield farming, bringing together liquidity providers and yield farmers alike. For this reason, the community refers to Don-key as the eToro of Yield Farming, which is a title the team embraces wholeheartedly.

The goal of the platform is to eliminate yield farming’s infamous complexity and replace it with a seamless retail experience, streamlined to offer the most profitable and adaptive product on the market.

With just one-click users can route their liquidity — in whichever token they chose — through professionally designed strategies that are updated to chase the highest available APY while minimizing risk.

Competitive Yield Farming is a full-time job; Don-key does it, so you don’t have to.

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