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.
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!
, 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.🖱📢 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/HMIVmiQiUIMyWish @mywishplatform
You can now verify your token source code in one click right from the platform.
Konomi introduces Ocean Lending.
$KONO proudly introduces Konomi Ocean ✨ 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
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!
PHA/kUSD Pool on is now Live!! 100k PHA+ 10k kUSD will be offered to reward the liquidity providers 🔥 💰 Incentive details: medium.com/phala-network/…
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!
Spring is here and Astar Season is coming! 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/…
Speaking of new projects on Astar, here’s the list of 15 new projects coming on their network in April.
Starlay IDO on ArthSwap
HRMP channel between KICO Network and Karura has been opened!
⚡HRMP channel between KICO Network and karura has been opened! has opened an HRMP channel with 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…
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 combines transaction anonymity, interoperability, and yield generation to overcome the flaws of current DeFi privacy solutions and here is how it works. ⬇️READ⬇️
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 & Karura are integrating with , making the parachains the cross-chain liquidity gateway into and for , , , , , , , and ! medium.com/acalanetwork/a…
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.
Astar Network TVL $1.3B+
Astar Network reached $1.3B in TVL making it No. 8 EVM Blockchain. They own 54% of DotSama parachains.
HIGHEST YIELD FARMS THIS WEEK
MFAM/MOVR on Solarbeam 339%
veSOLAR on Solarbeam 241%
Note: The APR of yield farms changes rapidly. The numbers indicated above may not be representative for long.
In case you haven’t, don’t forget to subscribe to The Bay Journal newsletter to stay up to date with DotSama farms and the happenings in the bay.
Looking to become a sailor?
Follow us on Twitter for updates:
Join us on discord for alpha: