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DeFi Wrap-Up by YieldBay
Ahoy sailors! Here are your weekly Dotsama DeFi updates with a list of the highest APR yield farms for our sailors.
Disclosure: This content is for informational purposes only, and you should not make decisions based solely on it. This is not investment advice. Please exercise extreme caution if you intend to participate in any listed opportunity.
1. Polkadot assets on Injective!
Injective integrates assets to expand the cross-chain universe, allowing Injective to be THE gateway for Polkadot assets to enter the ecosystem🚀 The integration was made possible via collaborations with & ! injective.xyz/38Qatf0
The Injective ecosystem now officially supports Polkadot native assets, allowing Injective to be the primary gateway for cross-chain Polkadot assets to enter the Cosmos universe.
2. Coin98 integrates with Moonbeam
1/ Welcome to the Universe's most recent upgrade. We're happy to introduce users to Moonbeam to discover the combination of and capabilities. More in thread 👇
Coin98 has added GLMR support to the current version of the Coin98 Super App and browser, allowing users to store, send, and receive GLMR tokens as well as access dApps on Moonbeam Network.
3. Interoperability Between Calamari and Karura
We are proud to announce that our HRMP channel with is officially online, marking another chapter in bringing to the ecosystem. Learn more about the integration:
Manta Network, the privacy hub for Web3, and Acala have announced the successful cross-chain transfer of parachain assets. The opening of a new HRMP channel and successful deployment of cross-consensus communication will enable privacy and interoperability across both parachains.
4. Boba Network integrates with Moonbeam and Fantom!
🧋 BIG NEWS- has integrated to Moonbeam + & expanded beyond the Ethereum blockchain to go multi-chain for the very first time.✨ As an L2, Boba will help scale applications & support large-scale app development on both networks.🙌 theblockcrypto.com/post/149837/et…
With its new approach, Boba is leading the way as a multichain execution layer for EVM compatible chains including Moonbeam Network.
5. Parallel Finance x Equilibrium XCM Integration is Live!
Excited to announce Parallel Heiko's cross-chain communication w/ /! ⛓📡 ⚡︎ $HKO & GENS can be transferred between chains w/out bridges 😲 ⚡︎ $GENS is coming to Heiko! ⚡︎PARA & Equilibrium mainet soon!⏲ Learn more: medium.com/parallel-finan…
Parallel Finance is excited to announce the opening of its cross-chain communication with Equilibrium via bi-directional HRMP channels.
6. The stDOT/xcDOT Curve Finance pool is live
7. Coinbase will add support for Kusama!
New Asset: Coinbase will add support for Kusama (KSM). Inbound transfers for this asset are available on & Exch in the regions where trading is supported.
KSM-USD and KSM-USDT trading pairs will launch in stages once enough supply of Kusama has established trading. Kusama support may be regulated in some regions.
8. Fearless Wallet and Moonbeam Collaboration
We are excited to announce a Fearless collaboration with the to provide balance and transfer support for the $MOVR & $GLMR tokens, as well as native support for staking Moonbeam & Moonriver network tokens youtube.com/watch?v=Oqj6YX…
Fearless Wallet collaborates with Moonbeam & Moonriver to provide balance and transfer support for the MOVR & GLMR tokens and native support for staking Moonbeam & Moonriver network tokens.
9. Parallel x Moonriver XCM Integration is Live!
Parallel x Moonriver XCM Integration is Live! This means $HKO will be on , while Moonriver's $MOVR goes to Heiko!
Parallel Finance announced that the HRMP communication channel between its sister protocol — Parallel Heiko and Moonbeam’s canary network — Moonriver is live. The primary use case of the open bi-directional channel is to enable native communication and the transfer of HKO and MOVR between the two parachains without the need for bridges.
HIGHEST YIELD FARMS THIS WEEK
Note: The APR of yield farms changes rapidly. The numbers indicated above may not be representative for long.
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