Apricot is a next-gen lending protocol that supports leveraged yield farming on Solana. With Apricot, users can:

• Deposit assets to earn interests (Apricot Lend)
• Borrow assets for trading or leveraged yield farming (Apricot Cross-Farm)
• Pre-configure when and how automated deleveraging takes place (Apricot Assist).

Apricot Lend. Apricot Lend provides standard lending and borrowing services: users deposit assets to earn interests and use their deposited assets as collateral to borrow other assets.

Apricot Cross-Farm (X-Farm). Apricot X-Farm provides a cross-margin leveraged yield farming service for users to maximize yield from their existing holdings. On Apricot X-Farm, users do not need to own any amount of USDT or USDC to start farming. Instead, they can collateralize their non-stablecoin assets to borrow the stablecoins with up to 3x leverage, and start farming USDT-USDC LP right away. These stablecoins will then be auto-pooled and staked for LP tokens, resulting in a 3x farming yield.

Apricot Assist is a background program that constantly monitors your account’s Borrow Limit Used. When your Borrow Limit Used reaches the “Trigger Level” set by yourself, Apricot Assist can help you automatically sell/redeem tokens in your deposit to repay the tokens you’ve borrowed.