The Daily Degen - Sunday, August 6th, 2023
Rumors, Tickers, Wrecking Balls, Octopi, Macro, Videos, + New Protocols!
Click below for all important defi/macro alerts/data/news/etc condensed into a quick 5 minute read! ποΈπ·
https://t.co/bVJmznJ6fm
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Greetings #Arbinauts! π We've crossed $5M #TVL in just 24 hours since our launch on #Arbitrum! π
Stake stablecoins with Magpie & enjoy ~30% APR returns! π°
Your support means everything to us! π #WOM#ARB#defi
4/ The highlight of Wombat is its single-sided liquidity provision feature, which enables you to earn real yield from trading fees.Β
This feature has recently been launched, making Wombat even more attractive for traders.
BREAKINGπ΄Β
@WombatExchange exceeds πΊ400% increase in trading volume in the past 24 hours, overtaking decentralized swap giants @uniswap & @pancakeswap
Letβs dive inπ§΅
3/ With the collapse of CEXs, we are witnessing users flocking to DEXs to swap tokens.Β
This has led to a surge in the popularity of AMMs and stableswaps, following the FTX contagion, which has benefited DEXs such as @uniswap, @curvefinance, and @wombatexchange.
π¨ New pool alert π¨
We're excited to announce the launch of the pool with volatile assets! The $frxETH and $ETH pool is now live, with a liquidity cap of $2M ($1M per asset).
The $frxETH and $ETH pool adopts the same algorithm as the BNB pool π§΅
Wombat Exchange is taking the #BNBChain by storm! Its new frxETH pool is the first of its kind!
Did u say 200% APR wut! Wombat is going crazy!π€
Don't need to mention about bribe rewards..
$WOM is the best investment of mine by far!
π¨ New pool alert π¨
We're excited to announce the launch of the pool with volatile assets! The $frxETH and $ETH pool is now live, with a liquidity cap of $2M ($1M per asset).
The $frxETH and $ETH pool adopts the same algorithm as the BNB pool π§΅
Despite the recent incident with @Platypusdefi, donβt miss out the juicy APRs offered in the Alt Pool on @echidna_finance
Earn up to 18% annually for holding USDC!π€«π±π«‘
@Platypusdefi #DeFi#AVAX#Avalanche
Andre Cronje, the man behind @FantomFDN just dropped these on Youtube
- Why he joined crypto
- Story of Fantom & Yearn
- State of Defi, community advice & crypto regulation
I went thru 69 mins of podcast so u dont have to
Here're 8 insights from Andre u dont want to miss
Want to find the next 10x gems?
You can easily do it on your own using DeFiLlama - for free.
Here's a step-by-step guide to finding your own gems in 2023:
(includes little-known features)
I lost 90% of my net worth due to greed during the last bull run.
1.5 years later I am sitting at portfolio ATH.
Let me share with you 5 tips I wish I would have known back then π₯
We're thrilled to let you know that $axlUSDC is coming to Wombat! Before you dip your toes or dive, we'll provide you with all the necessary information to get started.
Without further ado, let's begin the thread π§΅