Polycat Finance is a relatively new automated yield farm. It is the PancakeSwap of the Polygon network. You can easily migrate your Binance Smart Chain yield farms to Polygon and start earning a higher APR with even lower fees.
Vaults
The Vaults are used to lock LP tokens in an auto-compounding contract that compounds once PER MINUTE and the profits are used to both buy and burn FISH tokens, as well as to acquire more LP tokens to increase your deposit. Currently earning over 4000% APY.
Farm
The Farm is currently FISH-MATIC only and does not auto-compound but instead generates FISH tokens as a reward at over 40,000% APY currently.
Pool
The Pool is a single asset vault where you stake FISH or other single assets to earn more FISH. Currently earning over 2400% APY.
Tanks
Tanks are used to stake fish to earn new tokens on the Polygon network. Currently you can stake your FISH tokens and earn GemBites before they are available for sale on QuickSwap.
FISH Tokenomics
Max Supply: 3 Million
Emission: 0.8 FISH/Block
FISH is bought and burned by the fees from Polycat Finance. This creates a continuous buying pressure on FISH as well as a continuous reduction of max supply.
The latest news update has been nothing but good news. QuickSwap has directly integrated a FISH-QUICK pool which is huge for FISH and allows the Vaults to compound FISH into more FISH LP tokens.
BSC -> Matic Guide
1. Get USDC on BSC from PancakeSwap
2. Go to EvoDefi to bridge your USDC to Polygon
3. Go to Matic Supply if you need some Matic
4. Go to QuickSwap and swap your USDC for the desired Tokens (FISH, Matic)
5. Go to Polycat Finance and deposit your tokens in the desired contract.
