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DeFi Wrap-Up by YieldBay
Hola 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. Moonbeam has just introduced Harvest Moon
1/ 🌕 Introducing Harvest Moon: A Moonbeam DeFi campaign to support activity & the next wave of cross-chain connected apps that will build the future of DeFi on Moonbeam Network!🚀✨ moonbeam.network/blog/harvest-m…
Harvest Moon is a campaign designed to spark DeFi activity and attract the next wave of cross-chain connected applications to come build the future of DeFi on Moonbeam. The Moonbeam Foundation has indicated that it has allocated up to 1.5% of the GLMR genesis supply to fund a grant-based liquidity program for the Harvest Moon campaign.
2. InvArch integrates with Subsquid
It's official! 🤝 We are partnering with to archive in !💡 By using Subsquid, developers will be able to organize various frameworks for . Read more about our partnership!👀👇 invarch.medium.com/invarch-partne…
Subsquid is rapidly deploying Archives to gather data from available blockchains and the InvArch Network is set to join this array of chains, or more specifically, the InvArch Tinkernet parachain which is getting set for the upcoming 42nd Kusama slot auction. With the Tinkernet set to provide on-chain licenses pegged to NFTs, along with the ability for turning NFTs into DAOs, a new world of collaboration built between user’s data & digital assets will be possible.
3. Congratulations Shiden on securing a slot again!
Shiden has successfully swapped the old lease and extended the lease period for another year. We were also were the first team doing a swap through XCM without governance. We keep building Shiden. 👊
Shiden Network became the first public parachain to use XCM to call an extrinsic on the relaychain to renew its slot lease.
4. Talisman announced full support for ethereum compatible parachains
1/ 🧿Talisman is announcing full support for ethereum compatible parachains such as , , , and 's EVM+!
You can now connect to any dapp in these networks that uses metamask - except now you can move freely between dapps using Talisman without having to switch networks.
5. Zeitgeist announced the genesis supply of $ZTG tokens and Token Transferability Event
6. Moonwell Artemis
⚡ Project Spotlight: Moonwell Artemis ⚡ A dive into the recently launched Lending & Borrowing protocol And also some DeFi strategies. NFA!
Moonwell Artemis has landed on Moonbeam with a bang, quickly surpassing the $100 Million in Total Value Locked milestone, and effectively increasing the network’s TVL by almost 250% in its first 24 hours. The Lending & Borrowing protocol has made its entry into the Polkadot ecosystem, accompanied by the listing of the platform’s native token, $WELL, on both Kucoin and Huobi.
HIGHEST YIELD FARMS THIS WEEK
veSOLAR on Solarbeam 116%
And don’t forget to check out the best incentivised stablecoins pool - Taiga 3pool
Note: The APR of yield farms changes rapidly. The numbers indicated above may not be representative for long.
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