Charm LST is live on @0xPolygon!
It's the first market maker for sPOL, distributing >97% of market making fees to depositors as extra yield on top of staking rewards.
๐ฐ Earn real yield on sPOL, Polygon's native LST.
๐ More info:
https://t.co/fheDAIWxpK
Charm LPs are now up 39.2% APY in 30 days, and 25.5% in 325 days on their JPYC and USDC @0xPolygon !
๐คฏ Insane performance net of IL and fees at https://t.co/n7H1vf6mr1
Recent performance due to official JPYC listing on @Official_Upbit, congrats to @jpyc_official on milestone!
Charm's sPOL vault just hit $1M TVL. It's the largest market maker for sPOL, providing deep liquidity at the lowest cost for the native LST on @0xPolygon.
๐ Check out that vault at: https://t.co/PDQr78zB41
Killer defi use case - DEX trading fees income overcoming currency depreciation to give 4x T Bill rate, for everyone with an internet connection @0xPolygon.
๐ See it at https://t.co/Z3M2mn1RoI
Happy to see @CharmFinance โs vaults working as intended AND helping to produce net +ve APY that looks to be about 4x the T Bill rate while arguably taking significantly less risk than other financial products of the same yield
FX on-chain can scale this way on @0xPolygon with ethereum:0xe7c3d8c9a439fede00d2600032d5db0be71c3c29
If you put JPYC and USDC in Charm you would have GAINED 16.55% in 9 months, but would have lost -2.29% (vs USD) if you did not.
๐นCharm's stablecoin yield easily overcoming currency depreciation.
๐ Check it out at https://t.co/n7H1vf6mr1
cc @0xPolygon@jpyc_official
Here is what it means when a stablecoin vault is doing well - 30d net yields now at 17%, and 283d yield at 24.2%, AFTER all IL and management fees.
Pure DEX trading fee capture, no incentives, only on @0xPolygon.
๐ Check it out at: https://t.co/n7H1vf6mr1
https://t.co/a8GPscftJP & @katana generates sustainable yields on DEXes. Here's how:
Charm creates deep DEX liquidity -> more swap volume & fees -> fees used to direct KAT to Charm vaults via the vKAT armoury -> higher yields for all.
๐ค The perfect app x chain partnership.
One app. Discover what's being built.
Builders like @CharmFinance continue to expand what's available on Katana.
Explore the Earn page to find new opportunities from across the ecosystem.
https://t.co/lUXbkL3Um2
Charm's WBTC vault is generating 30d net yield of 14.6% @katana after IL & management fees.
Rewards are in KAT from vKAT armoury and fully liquid, so yields are instantly realizable.
๐Check it out at https://t.co/rOGxzsJDXl or via the Katana webapp at https://t.co/yFA5CBWgtr
Charm's USDC and JPYC stablecoin vault @0xPolygon getting 23% APY for 9+ months. No incentives, just pure organic yield form trading fee capture.
๐Check it out at: https://t.co/afM3rVl4f4
cc @jpyc_official
Super excited Charm vaults is on the Katana app natively! It's the easiest way to provide liquidity and earn KATA rewards on @katana.
Just go to https://t.co/0UGinJQova to check it out!
Your LP position out of range earns nothing.
Staying in range means watching charts and rebalancing by hand.
@CharmFinance vaults are now listed on the Katana app.
Deposit or zap in a single asset, the vault handles the range and the rebalancing.
https://t.co/lUXbkL3Um2
Charm LST is live on @0xPolygon!
It's the first market maker for sPOL, distributing >97% of market making fees to depositors as extra yield on top of staking rewards.
๐ฐ Earn real yield on sPOL, Polygon's native LST.
๐ More info:
https://t.co/fheDAIWxpK
Charm's stablecoin FX vaults continue to show strong medium to long term real yields, powering FX payments on @0xPolygon.
Below is an example from the usdc/jpyc vault: https://t.co/n7H1vf6mr1
Just want to reassure everyone only YOU have access and withraw your deposits at https://t.co/cX4sgyEYei at ALL times. No one else can touch it.
The Charm contracts are also non upgradeable, so no one can change the above, ever.
It's built the way Defi is meant to be built.
Reminder to Charm users @katana - don't forget to vote at https://t.co/BgtLhTu3t0 to continue getting the highest KAT emissions (it already is at the moment ๐)
Final day to vote with vKAT for Epoch 1 โ๏ธ
91% of vKAT has voted. Donโt be the 9% that hasnโt.
avKAT: no action needed
vKAT: set auto-vote or cast votes
DEX LPs: stake to earn KAT
LPing via @CharmFinance or @Steerprotocol? No action needed, those DEX LPs are already staked.
https://t.co/cX4sgyEYei automatically stake your @katana deposits to get those juicy yields, so you don't need to do anything.
Can't get any easier than that to earn ๐ค
Sushi LPs on Katana: stake your LP position in the Katana App to be eligible for KAT emissions through the vKAT Armory.
@Billyjitsuโs video below shows how.
LPing through @CharmFinance or @Steerprotocol?
No action needed, those vault positions will be automatically staked. โ๏ธ
https://t.co/a8GPscftJP is as close as it get to a permissionless DeFi protocol, with operations driven by code, and reputation build over 5+ years of continous operations.
Not obvious at first, but this is by far the best way to buidl...