Compound is gearing up for another DeFi Summer!
Starting tomorrow, 05/14 at 12:30 pm ET.
Developers and delegates will be LIVE to share:
- New Markets and Assets
- Exciting Integrations
- Updated Params
We will see you there 👇
Refreshing Taste, with just a hint of DeFi Summer...
Brought to you in November, Courtesy of Beefy.
Deposit wETH, USDC, USDT on Beefy Lending Vaults, and quench your thirst for yield.
Stay Optimistic with Beefy!
We're hearing things...
USDC incentives are underway on Mainnet via OKX.
$10M flowed into the USDC market today due to the start of a new Campaign.
- Sources Extremely Close to the Matter
Beefy’s Virtuous Cycle:
@beefyfinance DAO shows Q2 earnings of $357,905 in Net Adjusted Income.
Snapshot [BIP:81] was passed, establishing a new quarterly incentive program:
50% to Treasury
25% to Contributor Incentives
25% to User Incentives
1/4 🧵 On the DAO's Strategy:
The Beefy Boost is still looking Prime!
In our first 24 Hours of Partnered Incentives with @beefyfinance, $9.4M was deposited into Supply Vaults.
Supply the following assets on Beefy Today:
- WETH
- USDC
- USDT
Incentives on Optimism will last for the next 5 weeks.
Compound is Boring…
But decentralized hedge funds are not!
Toros Finance is providing tools to form permissionless, automated financial cooperatives.
Imagine:
- Review available strategies
- Join an existing vault
- Organize a yield pool for your weekly chess club
The
Compound is Boring…
But growth this last quarter has been solid.
In June, @alphagrowth1 was voted to lead Operations, Marketing, Development, & Grants for Compound DAO [@growcompound].
In Late July, Prop 289 instigated a decline to $1.6B TVL. Due to Alpha Growth's focus on
Alice and Bob know over the next 5 weeks, @beefyfinance has got $50k in incentives for Compound Lending Vaults on Optimism.
They both have some $OP tokens, and are considering strategies for the upcoming election.
1/4🧵Here is a story about Alice and Bob.
Compound might be Boring...
But our integrators are anything but that!
From Dec '23 to June '24, @Contango_xyz received funding from @compoundgrants to build cPerps on top of Compound v3 liquidity.
Since launching, 21% of their platform's volume comes from Comet pools!
Compound Protocol is proud to support the launch of $USDS!
There's nothing better than backing real game changers in crypto.
Luckily for you, @SkyEcosystem is one of them!
Check out:
📈 Lend and Borrow USDS on $COMP v3
🥳 $SKY Token Rewards
😊 $SKY Savings Rate
Be ready!
🚀 Big DeFi News:
@growcompound was granted 120K by @Optimism boost LRT adoption on OP!
Here’s what you can expect:
1⃣ Enhanced LRT tools & features
2⃣ Boosted rewards for LRT user
3⃣ Scalable solutions for OP chain
Stay tuned for more updates!
Compound is boring,
But we're excited about ETHx going live soon as collateral on Compound v3, Mainnet.
Here’s a strategy for you to explore:
- Deposit ETH into Stader to earn 3% yield.
- Deposit ETHx into Compound & borrow more ETH.
- Deposit half of your borrowed ETH for
Collateral Factors: How to Win the Lending Race
Compound DAO has made conservative decisions while setting Collateral Factors for Loop Strategy Assets.
But is playing it safe the best way to win the race for Fees, Users and TVL?
🧵 1/5 Avoiding the Safety of Last Place.
Compound is Boring…
But, over the last year @KelpDAO has been floating right along.
Kelp has embraced the speculative side of LRT usage, and has established themselves as an Airdrop Farming Cooperative.
Kelp even describes their latest offering, GAIN as a “Degen Concierge”