DeFi Wrap-Up by YieldBay
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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.
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. ZenlinkPro will launch the Hybrid AMM and Stable AMM for the 4-poo.l: $aUSD x $USDC x $USDT x $FRAX Zenlink Hybrid AMM launch info is here!Β
Zenlink Hybrid AMM launch info is here! Launching on @MoonriverNW on May 31 and @MoonbeamNetwork on June 1πππ The 4pool will consist of USDT, USDC, xcAUSD and FRAX, powered by @MultichainOrg @nomadxyz_ @AcalaNetwork @fraxfinance Read more details: link.medium.com/sqB4MwHTmqbThe first cross-chain $aUSD integrations launching on Moonriver on May 31 and Moonbeam on June 1.
2. LI.FI protocol now supports Moonbeam.Β
Hey lizard fam, @lifiprotocol is excited to announce support for @MoonbeamNetwork. Here's why we are, shall we say, ~over the moon~ to bring Moonbeam into our cross-chain ecosystem. 𧡠blog.li.fi/explore-moonbeβ¦LI.FI is a cross-chain bridge aggregation protocol that supports any-2-any swaps. Users can swap any token from a variety of supported chains to any token available on Moonbeam.
3. Vulturefi is coming to Moonbeam & Moonriver
1/ π We are pleased to announce that @Vulturefi is coming to Moonbeam & @MoonriverNW, bringing single-sided AMM and stableswap capabilities to users on both networks. Learn more π1/ We at Vulture finance have been working in the web3 space over the last few years. When we decided to build on top a new L1 ecosystem we were introduced to multiple EVM compatible L1 options.Vulture Finance @VulturefiTheyβre going to build the native stableswap for the Moonbeam ecosystem.
4. Flowcarbon x CentrifugeΒ
Helping lower the cost to issuance for carbon projects, especially smaller ones, is a big goal of ours, and we're partnering with @centrifuge because they are the best at unlocking the debt markets for nontraditional assets, like carbon credits.π€We're excited to partner with @weareflowcarbon to unlock the carbon credit debt markets π Developers often have to wait 2β10 years (!) to receive the proceeds from their carbon credit sales. Centrifuge x Flowcarbon will efficiently bridge this gap. https://t.co/ENawVo6fgYCentrifuge κ© @centrifugeThis collaboration will unlock the debt markets for carbon project developers.
5. Nova Wallet finally implemented cross-chain XCM transfers.Β
Amazing news! @MoonbeamNetwork team has successfully enabled Cross-Chain transfers for the mobile version of their DAppsβ¨ Feel free to transfer #DOT, #KSM, #RMRK, and other tokens via Nova DApp browser π Native UI implementation is in progress πͺ novawallet.ioΒ
6. You can now buy $GLMR with over 80 fiat currencies directly on StellaSwap
HIGHEST YIELD FARMS THIS WEEK
MoonbeamΒ
CONV/ceUSDT on Convergence 129%
ceWETH/CONV on Convergence 111%
STELLA/USDC on StellaSwap 110%
Moonriver
ETH/USDT on Moonlit Finance 1763%
MOVR/USDT on Moonlit Finance 536%
Note: The APR of yield farms changes rapidly. The numbers indicated above may not be representative for long.
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