Hi Pony Family ๐
Over the past several months regulatory head-winds for DeFi projects have grown stronger.
With that in mind the team at @ponyfinance have made the difficult decision to not move forward with the project.
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Finally we want to give a huge note of gratitude to everyone who helped make this project an awesome reality!
As well as our great partners - specifically the entire team at @Scalara_xyz!
Hi Pony Family ๐
Over the past several months regulatory head-winds for DeFi projects have grown stronger.
With that in mind the team at @ponyfinance have made the difficult decision to not move forward with the project.
1/
This week in PONY:
โถ๏ธ @Scalara_xyz screened & identified auto-compounding vaults from @beefyfinance ๐ฎ
โถ๏ธ The DAO voted to implement ๐
โถ๏ธ Now $PONY holders get exposure to stablecoin yields from @curve_fi, @QuickswapDEX & @VelodromeFi ๐
Spot APY: 9.71% https://t.co/Dqz3K3EDEo
PONY Index brings non-Ethereum yields to Ethereum that are an order higher than simple lending.
Its newest composition brings yields from @optimismFND, @0xPolygon and @avalancheavax.
Find out more about the auto-compounding token implementation $PONY at https://t.co/Vreq5bUbQi.
โ๏ธ @PonyFinance is a laser DAO a structure focused on bringing users the best stablecoin yields in all of #DeFi
โ๏ธ $PONY designed to bring attractive stablecoin yields from multiple chains back to @Ethereum
๐ฝ INFO
https://t.co/VAvhtUIs12
Users who buy $PONY hold a product that sources the yield across many networks. ๐ฅ
No need to buy into a single strategy when you can have a portfolio of nimble strategies. Strategies that follow the yield and do all the work for you.
@PonyFinance is onto something here.
Welcome to the $PONY family ๐!
Stablecoin ๐ต: @synthetix (sUSD)
LP ๐: @VelodromeFi
Ecosystem ๐: @optimismFND
๐ค @PonyFinance adding more of the best Defi protocols to our yield index this month! APY BOOST๐
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๐Scalara rebalances PONY Index to maintain the index goal of attractive and transparent yield.
๐ PONY Index accumulates yields through auto-compounding stablecoin vaults. It is available as a single token $PONY by @PonyFinance and @KuiperFinance.
https://t.co/viFEVE1QYN
New to NAV? Learn why $PONY token traders & holders are keeping up with the Net Asset Value (NAV)๐
One key takeaway: NAV indicates if PONY is trading at a premium or discount compared to its redeemable value ๐
https://t.co/xTX2AGOxgr
๐โโ๏ธ Life just got easier for stable yield farmers.
The PONY Index streamlines the process of earning APY with diversified exposure to @beefyfinance's auto-compounding vaults.
Full video: https://t.co/m17utc9OCS
We're live! Join us on Discord for the Pony Finance community call๐
Get the latest update on the PONY Index, and learn what's next for the DAO.
๐ https://t.co/HFxpVMfrBe
Join us this week for a Pony Finance community call. ๐
๐ Thursday 1pm EST / 5pm UTC.
Meet the team, learn more about the DAO, & get an update on the upcoming rebalancing of the PONY Index.
Hop into the Discord to set a reminder ๐ https://t.co/HFxpVMx2ZO
The PONY Index ($PONY):
โ Permissionless & fully transparent
โ Delivers variable & verifiable yield, currently 7-10% APY.
โ Simplifies stablecoin farming across multiple chains incl. @FantomFDN, @0xPolygon, and @avalancheavax.
Now on @Uniswap V3: https://t.co/VLQ6fM8vCQ