Beefy Launches Escrowed Sonic Token and RWA Support
Beefy Launches Escrowed Sonic Token and RWA Support
🐮 Beefy Gets Real
Key updates from Beefy's latest weekly report:
- Launched Beefy Escrowed Sonic ($beS) token
- Added Real World Asset (RWA) support to platform
- Extended BIFI-USDT liquidity mining incentives
- Deployed 17 new yield strategies
This follows recent developments including CEX liquidity incentives and tBTC boost from previous week. The platform continues expanding its yield optimization offerings across multiple chains.
Beefy Weekly Highlights #203 • [BIP:88] CEX Liquidity Incentives Budget money 🤑 • tBTC boost 🔥 • Beefy Testing Club 🖥️ • Infrared one-click migration • beS 👀 • 4 new yield strategies! 🛠️
Beefy Weekly Highlights #201 • 1,500,000 Daily Degen Boost 🎩 • Beefy Meat-up in Rome ⏰ • Berachain 32M TVL 📈 • Beefy Annual Report 2024 🏦 • 8 Vaults
Beefy Weekly Highlights #202 • $DEGEN boost 🔥 • did the Ghibli meme 🍌 • 8 DAO boosts 🔥 • 20 new yield strategies! 🛠️
Beefy Weekly Highlights #204 • Beefy Escrowed Sonic $beS now live 🔥 • RWAs now on Beefy 🏛️ • BIFI-UDST liquidity mining campaign extended ⚖️ • 17 new yield strategies! 🛠️
Beefy DAO Votes on $2.9K USDC Distribution for April 2025
Beefy Finance's DAO is conducting a vote for Epoch 9 profit distribution. The proposal aims to allocate **2,942.08 USDC** for user incentives in April 2025. This follows previous successful distributions, including Epoch 7 earlier this year. Community members can cast their votes through Snapshot. - Proposal ID: BPD:09 - Amount: 2,942.08 USDC - Timeline: April 2025 - Voting Platform: [Snapshot](https://snapshot.box/#/s:profit.beefy.eth/proposal/0xaccb10b4c3a7fc6144ad1b69f5f16e8ee067944eb93f15dddeb83c667931c5c8) *DAO members should review and vote before the deadline.*
Blue Origin's Crypto Connection Revealed
A fascinating connection has emerged linking Amazon founder Jeff Bezos to the crypto space through a series of naming patterns: - beS-oS evolves to beSoS, which connects to Bezos - Further links to Origin and Blue Origin established - Follows earlier developments connecting various paths to Ethereum - Orbiter Finance's potential rebranding discussions surface This pattern recognition suggests increasing convergence between traditional tech giants and blockchain space. The timing aligns with broader Web3 adoption trends among mainstream tech companies. *Note: These connections are observational and do not confirm direct involvement.*
40% APY USDC Vault Launches on Silo/Sonic
**Key Updates from Beefy Finance:** - New USDC vault offering 40% APY through Silo/Sonic partnership - mooBIFI expansion continues with strong performance - Convention participation budget approved for 2025 - @ShadowOnSonic joins Beefy team - eUSD/USDC pair leads deposit volume - 11 new yield strategies added to platform *Notable developments include high-yield USDC opportunities and strategic team growth. Platform continues focus on sustainable yield optimization across multiple chains.*
Yield Updates: SOLO, rETH, and wstETH APY Rates
Several notable yield opportunities have emerged in the DeFi space: - **SOLO** offering significant 550% APY - **rETH** providing 9% APY - **wstETH** yielding 6% APY These rates represent current opportunities for liquid staking derivatives and yield farming. As with all DeFi yields, rates are variable and subject to market conditions. *Compare these with previous opportunities like rsETH-WETH which offered 10% APY + points on Beefy Finance.*