Mushrooms Finance is yet another crypto earning vault with focus on seeking sustainable profit in DeFi universe. The first version of the Mushrooms Finance smart contracts were inspired by other popular DeFi projects like Yearn Finance (YFI) and Sushiswap among many others.
Mushrooms Finance Vaults help you earn passive profit on crypto assets like WETH/WBTC/DAI/USDC, etc. For example, the earning strategies associated with the Vaults will automate your yield farming on Alchemix or Curve by auto-compounding the profit. Vaults earn in the denomination of whatever token you deposited. You will receive mTokens upon Vault deposit which represent your share in that Vault. When you withdraw from the Vault, the mToken share allows you withdraw both principle plus earned profit over the deposit period.
How to use Mushrooms-finance?
The best place to interact with Mushrooms Finance is its native interface where you can deposit tokens and earn interest as well as manage your Vault positions.