# Welcome to Extra Finance

<figure><img src="https://3038127767-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHdS59PJdwI8kEK3vLZuH%2Fuploads%2FCa9YpzuWnair03FCruET%2FDocumentation.png?alt=media&#x26;token=dc001948-b744-4f0b-99e7-de0c8e7b329d" alt=""><figcaption></figcaption></figure>

### What is Extra Finance (🐦 [@ExtraFi\_io](https://twitter.com/ExtraFi_io))&#x20;

Extra Finance is a leveraged yield farming (LYF) protocol built within the Superchain ecosystem.

Extra Finance enables users to farm diverse farming pools with customized farming strategies. Extra Finance also functions as a lending protocol, users can deposit funds to earn lending interest.

{% hint style="info" %}
Users of [Extrafi XLend](https://xlend.extrafi.io/), please visit the [docs](https://docs.extrafi.io/extrafi-xlend) here.
{% endhint %}

#### **Core Features:**

1\) Flexible & powerful leveraged liquidity providing

* Users could tailor their farming strategies through options such as re-investing, [market-neutral](https://docs.extrafi.io/extra_finance/leverage-farming/strategy/market-neutral-strategy), or farming with a long/short viewpoint.
* Users can choose any paired asset to deposit, or borrow a customized ratio of the paired asset to implement a leveraged strategy. A real-time position simulation will be shown accordingly.

2\) Lend to earn passive income

Users can deposit assets into lending pools to earn interest on their deposited assets. It provides users with a way to earn passive income.

3\) Stablecoin & LST Optimized leveraged yield farming

By implementing a new [interest rate model](https://docs.extrafi.io/extra_finance/lending/pseudo-fixed-interest-rate-model), the protocol will serve as an innovative platform to optimize earnings by minimizing borrowing costs and reducing interest rate fluctuations.

{% hint style="info" %}
Extra Finance is [audited](https://docs.extrafi.io/extra_finance/audits-and-security) by BlockSec, Sherlock and PeckShield.
{% endhint %}

### Get Started

<table data-view="cards"><thead><tr><th></th><th data-hidden data-card-target data-type="content-ref"></th><th data-hidden data-card-cover data-type="files"></th></tr></thead><tbody><tr><td>Farming Tutorial</td><td><a href="leverage-farming/how-to-use/open-a-farming-position">open-a-farming-position</a></td><td><a href="https://3038127767-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHdS59PJdwI8kEK3vLZuH%2Fuploads%2FzAddDLIGM72pMOQbWX5A%2F3x.png?alt=media&#x26;token=abfaf029-f7f6-4c98-999e-764ca683186e">3x.png</a></td></tr><tr><td>Lending Tutorial</td><td><a href="lending/how-to-use">how-to-use</a></td><td><a href="https://3038127767-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHdS59PJdwI8kEK3vLZuH%2Fuploads%2FBXcwArtqEfGQvkRxoyN5%2F4x.png?alt=media&#x26;token=e5da5552-5580-48af-918e-27a757afa28e">4x.png</a></td></tr><tr><td>Staking Tutorial</td><td><a href="tokenomics/tokenomics-v1/staking/how-to-stake-to-veextra">how-to-stake-to-veextra</a></td><td><a href="https://3038127767-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHdS59PJdwI8kEK3vLZuH%2Fuploads%2FaUAJd30bQnOtu6W7qeO6%2Fimage%20(1).png?alt=media&#x26;token=32775ad8-0b5c-4b72-85af-a5ddf073fdfb">image (1).png</a></td></tr><tr><td>Blog - Events Ongoing!</td><td><a href="https://medium.com/@ExtraFinance">https://medium.com/@ExtraFinance</a></td><td><a href="https://3038127767-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHdS59PJdwI8kEK3vLZuH%2Fuploads%2FX6rEoeiTnWOo7eTat8cx%2F6x.webp?alt=media&#x26;token=d4b63c5e-e363-47a7-8b1d-fb71e622625e">6x.webp</a></td></tr><tr><td> Knowledge Base</td><td></td><td><a href="https://3038127767-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHdS59PJdwI8kEK3vLZuH%2Fuploads%2FiSdwz0pFYUfzfc2NwksK%2Fcover.png?alt=media&#x26;token=f33c2f13-10b5-450f-9f94-4102131f8d91">cover.png</a></td></tr><tr><td>Interest Rate Models</td><td><a href="lending/pseudo-fixed-interest-rate-model">pseudo-fixed-interest-rate-model</a></td><td><a href="https://3038127767-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHdS59PJdwI8kEK3vLZuH%2Fuploads%2Fyc635s4k2TXjRPeSKNnQ%2Fimage.png?alt=media&#x26;token=c4225f92-6f72-4d29-93d0-00184cc74463">image.png</a></td></tr></tbody></table>

### How Extra Finance Works

Detailed workflow is explained [here](https://docs.extrafi.io/extra_finance/leverage-farming/how-extra-finance-works).

<figure><img src="https://3038127767-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHdS59PJdwI8kEK3vLZuH%2Fuploads%2FmIWgv58JnOdntBMJ7lHq%2FHow%20Extra%20Finance%20Works.png?alt=media&#x26;token=0333efdd-ad2f-4814-b6f9-00aa2620ece4" alt=""><figcaption></figcaption></figure>

{% embed url="<https://www.youtube.com/watch?t=10s&v=jE7w2uBUXa0>" %}

### Support

Discord: <https://discord.extrafi.io>

Email: <contact@extrafi.io>

Twitter: <https://twitter.com/extrafi_io>