DeFi Wrap-Up by YieldBay

We're back with more Dotsama DeFi updates with a list of the highest APR yield farms for our sailors.

Apr 3, 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.

@mywishplatform, a smart contract generator, brings smart contract verification to Moonriver!

Moonriver Network @MoonriverNW
@mywishplatform, a smart contract generator, brings smart contract verification to Moonriver! See the announcement to learn how to verify your token source code in one click.🖱
MyWish @mywishplatform
📢 Smart contract verification for @MoonriverNW is LIVE at #MyWish From now on, you can verify your token source code in one click right from the platform✔️ 👉 Check it out: https://t.co/fzBAJzOPxr https://t.co/HMIVmiQiUI
8:50 PM ∙ Mar 31, 2022
69Likes5Retweets

You can now verify your token source code in one click right from the platform.

Konomi introduces Ocean Lending.

Konomi Network @KonomiNetwork
$KONO proudly introduces Konomi Ocean #Lending ✨ Ocean Lending consists of a pool 🌊 of lending funds created by users within the protocol 💰 🔗 Read more to learn about how the lending process works bit.ly/3IUpN67
bit.lyIntroduction to Konomi Ocean LendingAt our March community meeting, members of our team introduced our latest product, Konomi Ocean Lending, to the community. In comparison to…
10:00 AM ∙ Mar 31, 2022
55Likes14Retweets
Its main features are complete user-led decentralization and its support for flexible lending in minority currencies. Ocean Lending consists of a pool of lending funds created by users within the protocol.

PHA/kUSD Pool on Karura is now Live!

₱hala Network @PhalaNetwork
PHA/kUSD Pool on @karura is now Live!! 100k PHA+ 10k kUSD will be offered to reward the liquidity providers 🔥 💰 Incentive details: medium.com/phala-network/…
4:15 PM ∙ Mar 31, 2022
94Likes24Retweets

PHA (Phala Network Token) will be transferred between Karura DeFi Hub and other parachains with the HRMP channel open for Khala Network and Karura Network. Then traders can swap PHA into kUSD, KSM, RMRK, KAR, etc. and provide liquidity to PHA pool on Karura platform.

Kintsugi has arrived on Moonriver!

kBTC is now available on Moonriver as xckBTC! Solarbeam welcomes Kintsugi with a brand new stable farm:
$kBTC / $wBTC
Launch dates and rewards will be announced soon.

Orcus Finance coming to Astar

Orcus Finance is delivering the first fractional-algorithmic stablecoin pegged to the United States dollar on Astar.

Astar Season is here!

Astar Network | WASM + EVM HUB on Polkadot @AstarNetwork
Spring is here and Astar Season is coming! #astarseason We are launching at least 15 new projects on our network in April, so let's review all the anticipated projects launching on Astar 🌟 medium.com/astar-network/…
medium.com#AstarSeason is ComingMarch 31, 2021 — Since launching Astar Network two months ago, we’ve been hard at work developing our core infrastructure. We’re doing so…
3:06 PM ∙ Mar 31, 2022
613Likes189Retweets
Speaking of new projects on Astar, here’s the list of 15 new projects coming on their network in April.
Starlay IDO on ArthSwap
ADAO
Alnair Finance
AstridDAO
Astar Farm
Avault
Kagla
Muuu Finance
Orcus Finance
Sirius Finance
Starbank

HRMP channel between KICO Network and Karura has been opened!

DICO Network @DICONetwork
⚡HRMP channel between KICO Network and karura has been opened! @DICONetwork has opened an HRMP channel with @KaruraNetwork to allow token transfers. $KICO on karura and $kUSD/ $aUSD on KICO Network will be here soon. 👀 More here: acala.discourse.group/t/open-hrmp-ch…
acala.discourse.groupOpen HRMP channel between KICO and KaruraTL;DR Similar with the earlier Kintsugi proposal , we propose to open HRMP communication between KICO and Karura. Summary We propose to open a bi-directional channel between Kurara and KICO. Initially, the main usecase will be to transfer KICO and kUSD between the two chains, KICO introduces kUSD…
2:39 PM ∙ Mar 31, 2022
48Likes7Retweets
They propose to open a bi-directional channel between Kurara and KICO. Initially, the main usecase will be to transfer KICO and kUSD between the two chains, KICO introduces kUSD for liquidity mining and stable currency use.

Whirlpool Cash brings privacy to DotSama

Whirlpool Cash @whirlpool_cash
Whirlpool combines transaction anonymity, interoperability, and yield generation to overcome the flaws of current DeFi privacy solutions and here is how it works. ⬇️READ⬇️
medium.comWhirlpool Cash Brings Privacy to DotSamaBlockchains create a public but pseudonymous record of transactions. As such, pseudonymity is the default mode of privacy within the DeFi…
7:29 PM ∙ Mar 25, 2022
32Likes9Retweets
Whirlpool Cash is a cross-chain privacy-preserving and yield generating protocol built on Picasso, the cross-chain hub of DotSama. It leverages Picasso’s native interoperability to fundamentally invert the negative relationship between privacy, and cross-chain/layer communication and asset transfers.

Acala and Karura integrating with Wormhole multi-chain bridge

Acala @AcalaNetwork
🪱🕳️ Acala & Karura are integrating with @wormholecrypto, making the parachains the cross-chain liquidity gateway into @Polkadot and @kusamanetwork for @avalancheavax, @BNBCHAIN, @ethereum, @FantomFDN, @OasisProtocol, @0xPolygon, @solana, and @terra_money! medium.com/acalanetwork/a…
medium.comAcala and Karura to Connect Polkadot and Kusama to the Wormhole Multi-Chain BridgeAcala and Karura ecosystems to join forces with Avalanche, Binance Smart Chain, Ethereum, Fantom, Oasis, Polygon, Solana, and Terra for…
3:56 PM ∙ Mar 30, 2022
1,066Likes283Retweets

Acala and Karura ecosystems to join forces with Avalanche, Binance Smart Chain, Ethereum, Fantom, Oasis, Polygon, Solana, and Terra for shared liquidity, cross-chain DApps, and cross-chain token transfers.