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.

Jun 05, 2022

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 🥷 | Cosmos IBC | Ethereum compatible @InjectiveLabs
Injective integrates @Polkadot assets to expand the cross-chain universe, allowing Injective to be THE gateway for Polkadot assets to enter the @cosmos ecosystem🚀 The integration was made possible via collaborations with @MoonbeamNetwork & @axelarcore! injective.xyz/38Qatf0
injective.xyzInjective Integrates Polkadot Assets to Expand the Cross-Chain UniverseThe 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. This integration will be made possible by Moonbeam, an EVM compatible smart contracts platform for Polkadot. In addition,…
10:04 PM ∙ Jun 3, 2022
387Likes99Retweets

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

Coin98 Super App (Formerly Coin98 Wallet) @coin98_wallet
1/ Welcome @MoonbeamNetwork to the #Coin98 Universe's most recent upgrade. We're happy to introduce users to Moonbeam to discover the combination of @ethereum and @Polkadot capabilities. More in thread 👇
11:48 AM ∙ Jun 4, 2022
251Likes46Retweets
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

Calamari Network (Hiring!) @CalamariNetwork
We are proud to announce that our HRMP channel with @KaruraNetwork is officially online, marking another chapter in bringing #privacy to the @kusamanetwork ecosystem. Learn more about the integration:
mantanetwork.medium.comAcala and Manta Announce Successful Interoperability Between Calamari and KaruraManta Network, the privacy hub for Web3, and Acala have announced the successful cross-chain transfer of parachain assets. The opening of a…
4:02 PM ∙ Jun 2, 2022
161Likes31Retweets
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!

Moonbeam Network @MoonbeamNetwork
🧋 BIG NEWS- @bobanetwork has integrated to Moonbeam + @FantomFDN & 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…
4:23 PM ∙ Jun 2, 2022
351Likes100Retweets
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!

Parallel Finance (We are hiring) @ParallelFi
Excited to announce Parallel Heiko's cross-chain communication w/ @EquilibriumDeFi/@GenshiroDeFi! ⛓📡 ⚡︎ $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…
medium.comParallel Finance x Equilibrium XCM Integration is Live!In our continuous efforts to ensure seamless communication between parachains in a bid to improve the greater Polkadot and Kusama…
9:20 AM ∙ Jun 3, 2022
130Likes32Retweets
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

Lido @LidoFinance
The stDOT/xcDOT @CurveFinance pool is live: moonbeam.curve.fi/factory/1 @LidoFinance 🤝 @MixBytes 🤝 @CurveFinance 🤝 @MoonbeamNetwork
8:53 PM ∙ Jun 2, 2022
106Likes26Retweets

7. Coinbase will add support for Kusama!

Coinbase Assets @CoinbaseAssets
New Asset: Coinbase will add support for Kusama (KSM). Inbound transfers for this asset are available on @coinbase & @coinbaseExch in the regions where trading is supported.
4:00 PM ∙ Jun 1, 2022
918Likes187Retweets
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

Fearless Wallet @FearlessWallet
We are excited to announce a Fearless collaboration with the @MoonbeamNetwork 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… #StayFearless
youtube.comFearless Wallet & Moonbeam CollaborationMoonbeam is a smart contract platform for applications seeking complete Ethereum compatibility within a Polkadot parachain environment without substantial co...
7:05 PM ∙ Jun 1, 2022
115Likes18Retweets
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!

Polkadot Nation @PolkadotNation
Parallel x Moonriver XCM Integration is Live! This means $HKO will be on @MoonriverNW , while Moonriver's $MOVR goes to Heiko! #PolkadotEcosystem #Parallel #Moonriver
9:58 AM ∙ Jun 2, 2022
18Likes1Retweet
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.