Svmuu News: Turbos Finance has announced the launch of its “Stable Range Farming” feature, designed to address the issue of stablecoin liquidity providers (LPs) frequently losing mining rewards due to minor price deviations from the peg.
According to the announcement, this feature automatically allocates users’ liquidity within a preset reward range and calibrates it to the normal fluctuation range of stablecoins, thereby reducing instances where positions fall outside the farming range due to price deviations.
Turbos Finance states that once users complete a one-time setup, they can continuously earn yields without the need for frequent position rebalancing. Additionally, this feature offers exclusive liquidity mining rewards for stablecoin pools to enhance the efficiency of LP capital utilization and the stability of returns.