Beefy Zap v3 Now Live on Optimism

By Beefy
Jan 16, 2024, 9:38 AM
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Beefy Zap v3 is now live on Optimism.​ Over half of Beefy vaults are supported, allowing users to enter and exit favorite vaults with various tokens.​ The boosts are also live, offering extra $OP rewards on top of the 3 auto compounding vaults for four weeks.​ Integration with AngleProtocol and TheTNetwork is also mentioned.​

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🔥 crvUSD Hits 17%

🔥 crvUSD Hits 17%

**Curve's crvUSD stablecoin** is now offering **17% APY** through Beefy Finance's yield optimization platform. This represents a significant opportunity for stablecoin holders looking for yield in the current market environment. - **Platform**: Beefy Finance autocompounding - **Asset**: crvUSD (Curve's native stablecoin) - **Current APY**: ~17% Beefy Finance specializes in yield optimization, automatically compounding rewards to maximize returns for users. [Access the vault on Beefy](https://app.beefy.com)

🏦 $140T Fixed-Income Market

🏦 $140T Fixed-Income Market

**Pendle is targeting the massive $140 trillion fixed-income market** by bringing traditional yield infrastructure on-chain. - Market projected to reach $200 trillion by 2030 - Aims to democratize fixed income beyond institutional access - Beefy now offers 24 Pendle single-asset vaults - **Up to 23% APY with autocompounding** The integration represents a shift from crypto-only yield to broader financial market access. Pendle has already settled $69.8 billion in yield transactions. [Read full article](https://markets.businessinsider.com/news/currencies/pendle-settles-69-8-billion-in-yield-bridging-the-140t-fixed-income-market-to-crypto-1035405834) *Explore yield opportunities through simplified vault access.*

$splUSD Vault Goes Live with Autocompounding Yields

$splUSD Vault Goes Live with Autocompounding Yields

**New $splUSD vault is now operational**, offering autocompounding single asset yields through Trevee's stablecoin infrastructure. Key features: - **Single asset staking** - no need for complex LP pairs - **Automatic compounding** - yields reinvest automatically - **Trevee stablecoin integration** - leveraging established infrastructure This follows previous vault launches offering competitive rates: - $USDC at 36% APY - $USDT at 15% APY on Avalanche The vault provides a **simplified approach** to earning yield on stablecoin holdings without active management requirements.

🚀 Beefy Hits New Milestones

🚀 Beefy Hits New Milestones

**Beefy delivered strong performance last week** with over $603K in yield distributed at an average **10.7% APY**. Key achievements include: - **17 new strategies** launched - **785K ZAPs** milestone reached - **One-click Lithos LP migration** rolled out - **GHO LP on Base** topped deposit rankings The yield optimizer continues expanding its offerings while maintaining competitive returns for users across multiple chains.

Beefy Maxis Strategy Purchases 3,163 BIFI Tokens Worth $1.07M

Beefy Maxis Strategy Purchases 3,163 BIFI Tokens Worth $1.07M

**Beefy's automated treasury strategy** made significant moves in 2024, acquiring 3,163 BIFI tokens valued at $1.07 million. The yield optimizer platform expanded its offerings with: - **11 new yield strategies** for users - **5 additional boosts** to enhance returns - New **Linea CLM strategies** for concentrated liquidity management This treasury purchase demonstrates Beefy's commitment to its native token while the platform continues growing its DeFi yield optimization services.