@friktion_labs takes the cake as the project with the most TVL + Asset support, but has higher fees than @Tap_Finance or @Katana_HQ. Still need a few weeks to compare performance!
Recently we've seen the launch of four different Options Vault projects on Solana. @chestfinance @friktion_labs @Katana_HQ@Tap_Finance But how do they compare? Let's look at them in detail.
@friktion_labs used to have an unreasonable 1% withdrawal fee, but kudos to them to listening to community feedback and reducing it to 0.1%. They also have a 10% performance fee.
Check out my new article about Liquid Staking on Solana. @MarinadeFinance is the clear winner here with the lowest fees and the largest AUM
https://t.co/lA4iBBJhKB
$Boba is the latest #Ethereum L2 to attract attention from yield farmers with $200+ million deposited on @oolongswap. It won't be the last. There are many other L2s waiting in the wings... #NII#METIS
I would strongly recommend anyone on Solana try out @JupiterExchange. They are the #Solana equivalent of @1inch and @matchaxyz . Of course, the real reason to use it is the hope there will be a lucrative airdrop like what 1Inch did on #Ethereum.
5 β To sum it all up, there is a Cambrian explosion of choice in yield farming taking place. With a little effort, safe yields are possible on many different chains. Take advantage of them now before they disappear.
We are in a yield farming golden age. Iβve been yield farming since Sept 2020, and never have I seen so many opportunities with high yields. Let me explain in a thread:
4- All this combines to create an orgy of choice and high yields. Stablecoin yields of 40%+ are possible as are yields of 100%+ on βsafeβ LP pools of bluechips (e.g. ETH/MANA on Polygon). Of course degen yields of 1000%+ are also available on some less reliable projectsβ¦β¦
2 β Blue chip defi protocols originally from Ethereum are deploying on these new chains and offering their own incentives. Good examples of this include #Curve, #Aave, #balancer and #Sushiswap.
1 β So many new Layer 1s and scaling solutions are launching and many of them are launching massive incentive programmes to bring in capital. Good examples of this include #Celo, #Avalanche, #Polygon, #Harmony and #Moonriver.