DeFi Wrap-Up by YieldBay
Greetings 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. Polkadex will integrate aUSD as its default stablecoin
🚀 @polkadex will integrate $aUSD as the default stablecoin for the Polkadex parachain! Polkadex users will be able to leverage $aUSD stablecoin trading functionality on Polkadex's decentralized exchange. Learn more👇 medium.com/acalanetwork/p…medium.comPolkadex Integrates aUSD as The Default Stablecoin for its Polkadot ParachainAcala is excited to announce Polkadex will integrate aUSD as its default stablecoin, and in return aUSD will get more liquidity from…
Acala is excited to announce Polkadex will integrate aUSD as its default stablecoin, and in return aUSD will get more liquidity from Polkadex Orderbook.
2. Polkadot v0.9.22 has been released with LOW upgrade priority.
This release switches to a new JSON-RPC server library and adds nomination pools to the native Kusama runtime.
3. Congratulations to @OT_Parachain and supporters on winning the 17th Polkadot parachain auction!
4. Centrifuge has announced a strategic partnership with BlockTower.
⭐️ A new partnership is born. @BlockTower 🤝 @centrifuge We're joining forces to accelerate the adoption of DeFi in institutional capital. finance.yahoo.com/news/centrifug…finance.yahoo.comCentrifuge and BlockTower Announce $3 Million Treasury Sale Under New Strategic Alliance To Build the Future of Real-world Assets On-chainBERLIN, GERMANY / ACCESSWIRE / May 18, 2022 /Centrifuge, the leading DeFi protocol for financing real-world assets (RWAs) on the blockchain, has announced a strategic partnership with crypto and blockchain investment firm, BlockTower. Through this partnership, BlockTower will bring institutional cap…
Through this partnership, @BlockTower will bring institutional capital and assets to the @centrifuge protocol, significantly accelerating the financing of RWAs on-chain.
5. Astar Network presents a new feature - Nomination Transfer.
👉 Nomination Transfer is here! 👈 This new feature is a massive quality of life update for DApp Staking, allowing you to easily move your nominations to other projects with no unbonding period! 🙌 Click 🔗👇 to see how this new feature works medium.com/astar-network/…medium.comIntroducing The New Nomination Transfer Feature For Dapp StakingShiden and Astar are improving how DApp nominators can shift their funds from one project to another.
It allows users to move the entirety or portions of their nominations to other projects while skipping the unbonding period.
6. Compounding Rewards is now available on @AstarNetwork.
Compounding Rewards are now live on Astar! 🎉 After launching this feature a little over a week ago on Shiden, we are happy to announce the rollout to Astar is complete. Click the 🔗👇 learn more! medium.com/astar-network/…medium.comCompounding Rewards now live on Astar!05/17/22 —We are delighted to announce that the Compounding Rewards feature is now available on Astar. We launched the feature a little…
Compounding Rewards allows Dapp stakers to take rewards from Dapp Staking and compound them on top of their initial stake, increasing the amount of rewards they receive.
7. Orcus presents Orcus Vaults on @AstarNetwork.
Orcus Vaults and @AstarNetwork ecosystem unity: ✨Benefits for the partners ✨Benefits for the $ORU price impact ✨Benefits for the $ORU stakers ✨Safety scoring and why yield aggregation mattersorcusfinance.medium.comOrcus Vaults: New Product Announcement | Strategic Partnerships· Yield Optimization · Autocompounding · Fee sharing
Orcus Vaults is the Yield Optimizing tool that simplifies the DeFi experience for the yield farmers. Orcus Finance adds a Yield Aggregation tool and will gather all possible pools from DEXes with liquid tokens.
HIGHEST YIELD FARMS THIS WEEK
CONV/ceUSDT on Convergence 151%
ceWETH/CONV on Convergence 127%
ETH/USDT on Moonlit Finance 3905%
DUBLOON/MOVR on Solarbeam 861%
MOVR/USDT on Moonlit Finance 580%
Note: The APR of yield farms changes rapidly. The numbers indicated above may not be representative for long.
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