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DeFi Wrap-Up by YieldBay

blog.yieldbay.io

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.

Sylvia Plath
Jul 3, 2022
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DeFi Wrap-Up by YieldBay

blog.yieldbay.io

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. Prime Protocol and Moonbeam collaboration!

Twitter avatar for @MoonbeamNetwork
Moonbeam Network #HarvestMoonbeam @MoonbeamNetwork
👀 Looking forward to Prime Protocol on Moonbeam 👉 @prime_protocol's cross-chain deployment will be a leading example of how #DeFi protocols adapt to handle multi-chain requirements in a unified way. ⛓🔁⛓
Twitter avatar for @prime_protocol
Prime Protocol @prime_protocol
Prime Protocol is thrilled to announce our collaboration with @MoonbeamNetwork! https://t.co/SToLHJYILa
7:29 PM ∙ Jul 1, 2022
108Likes28Retweets

They will be using Moonbeam as a home base for their cross-chain connected smart contracts — not only will Moonbeam be included in their initial deployment, but important calculations and data will be stored on the Moonbeam blockchain. 

2. Avault announces ZAP & Vault are now live on the Astar Network

Twitter avatar for @Avault_Astar
Avault @Avault_Astar
Hi everyone!! Our ZAP & Vault are now live on the @AstarNetwork🌟 Try them here: avault.network 🔎ZAP: Convert single tokens to LP tokens directly 🔎Vault: Compounding your revenue automatically Learn more from User Guide👇 medium.com/@avault/user-g…
medium.comUser Guide: ZAP & Vault on Astar NetworkHi Avaulter! Our ZAP & Vault functions are now live on the Astar Network eventually. Arthswap is the first dapp we supporting. More…
11:05 AM ∙ Jul 1, 2022
71Likes19Retweets

They’re only supporting Arthswap as of now.

3. BitDotCountry alpha-testnet is public and live for testing and competition campaign. 

Twitter avatar for @BitDotCountry
Bit.Country Metaverse Portal on Polkadot & Kusama @BitDotCountry
🚀The Alpha is Ready for Public Testing! The foundations have been laid. It’s time to test launch a metaverse with your community to co-create, build & network. The 100 Metaverse Project Prized Competition has launched. Join us to win!🎉🎉 medium.com/bit-country/al…
medium.comAlpha Testnet is Live & Ready for Public Testing.It is year one— the era of laying the foundation. We are turning the vision from 0 to 1 and completed the majority of development within…
12:16 AM ∙ Jun 30, 2022
449Likes142Retweets

Bit.Country is a unique project built on the Metaverse.Network, that allows social groups to interact using a whole new way of collaborating in the virtual world that reflects their culture and ethos. 

4. Stella has made some enhancements to its Swap-for-Gas feature

Twitter avatar for @StellaSwap
StellaSwap @ Polkadot Decoded🗽 - BUIDL with us! @StellaSwap
⚡️Don't have $GLMR for gas fees on @MoonbeamNetwork ? We've got you covered!🔥 We've made enhancements to our Swap-for-Gas feature that's supported by @biconomy; ⭐️ More asset support (+ @nomadxyz_'s .mad assets) ⭐️ Bug fixes completed Get $GLMR now: app.stellaswap.com/bridge/gas-swap
Image
7:22 AM ∙ Jun 30, 2022
140Likes57Retweets

It now has more supported assets and optimizations.

5. SubWallet EVM has officially launched on Moonbeam and Moonriver 

Twitter avatar for @subwalletapp
SubWallet (Official Account) @subwalletapp
Are you seeing what we're seeing? SubWallet #EVM has officially launched on @MoonbeamNetwork @MoonriverNW & Moonbase Alpha Testnet🚀No conflict with MetaMask whatsoever🙅‍♀️ Now you can stake $GLMR or handle your cross-chain assets with one wallet only, how convenient is that😉💆💪
Image
11:16 AM ∙ Jul 2, 2022
118Likes21Retweets

DApps on Moonbeam & Moonriver can now use SubWallet, providing users with a single wallet for staking + cross-chain assets management.


HIGHEST YIELD FARMS THIS WEEK

Moonbeam 

WELL/GLMR on StellaSwap 357%

GLMR/FLARE on Solarflare 128%

ceWTH/CONV on Convergence 119%

CONV/ceUSDT on Convergence 114%

STELLA/GLMR on StellaSwap 112%

Moonriver

DOUBLOON/MOVR on Solarbeam 419%

DOUBLOON/TMAP on Solarbeam 290%

MFAM/MOVR on Solarbeam 220%

LDO/MOVR on Solarbeam 143%

Astar Network

4SRS on Sirius Finance 1437%

4WETH on Sirius Finance 979%

4WBTC on Sirius Finance 818%

ARSW/WASTR on Arthswap 150%

Karura

aUSD/KBTC 115%

KAR/aUSD 108%

Acala

ACA/aUSD 20.3% 

aUSD/LDOT 18%

Bifrost

BNC/ZLK 159%

BNC/KSM 67%

KSM/aUSD 40%

Parallel Heiko

KSM/cKSM 13%

KSM/HKO 11%

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.


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DeFi Wrap-Up by YieldBay

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