Here you go sailors, your weekly dose of Dotsama DeFi updates with a list of the highest APR yield farms for our sailors. And more updates from YieldBay.
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.
UPDATE
The airdrop of Bay Island Lost Maps is complete! And Warp has officially been launched!
319 sailors got their hands on the NFT!
We airdropped some to the ChaosDAO and Moonbeans team and some special Bay Maps were used to commemorate the work done by pillars of the Dotsama community, for example, Bill Laboon and Jay Chrawnna.
Bay Maps have been listed for trading at Moonbeans.
Some Bay Maps are also reserved for community engagement and will be distributed via flash events and competitions that could arise on YieldBay Discord and Twitter at any time.
The best way to stay on top of it is to follow YieldBay on Twitter and join Discord.
WEEKLY WRAP UP
1. Moonriver Network and Moonbeam Network integrated with Fireblocks.
Fireblocks is the leading custody technology and liquidity network for institutional customers, and this integration makes it possible for their clients to safely store and stake GLMR and MOVR tokens from within their platform.
2. Orcus Finance x Subsquid
The Orcus development team has already successfully developed a Squid API that provides data to the platform’s DeFi dashboard. Subsquid solutions will also be used in the Profit Manager, which is in charge of Orcus Protocol’s token buy-back algorithm. Plans for other implementations will be announced in due time.
3. CLV announces partnership with Huckleberry
Community driven AMM crosschain DEX and lending platform built on Moonriver, Huckleberry partners with CLV. Huckleberry will integrate CLV chain and Multichain Wallet in its DeFi and Web3 infrastructure.
4. Spacewalk: the trust-minimized bridge between Stellar and Pendulum chain.
Pendulum is a substrate-based chain, connecting fiat to DeFi, and Spacewalk is the 1st bridge between the Stellar and the Polkadot/Kusama.
5. Coinbase Cloud Works with Acala Foundation to Support Liquid Staking
The parachain slot leases for the first batch of Kusama parachains will end in May 2022. Since all five of these parachains used a crowdloan to bootstrap the funds to pay for the lease, these crowdloaned funds will be returned to their owners. A total of 1.1 million KSM (that’s more than 10% of the supply!) were contributed to these first parachain crowdloans for slots on Kusama. Now that the leases are ending, these KSM tokens will be unlocked for the original token holders to use.
