Preon Finance Launches New PREON/STAR LP on ThenaFi with $4,000 Incentive

馃巵 Secret Santa Goes DeFi

By Sphere Finance
Dec 16, 2024, 4:08 PM
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The Sphere ecosystem had several key developments this week:

  • Preon Finance expanded to BNB Chain with a new vAMM PREON/STAR LP on ThenaFi, incentivized with $4,000
  • $200K incentive program launched for USDC/STAR CL LP on AerodromeFi
  • Additional $3,100 incentive for PREON/STAR LP on FenixFinance
  • New collaborations with ThrusterFi and HyperLock
  • Multiple educational blog posts released covering:
    • Loan-to-value ratios
    • Centralized vs decentralized stablecoins
    • OFTs in DeFi

PreonFinance continues holiday celebrations with an Advent Calendar featuring special prizes.​

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PreonFinance Partners with SwapX to Expand to Sonic Labs

Key updates from the Sphere ecosystem for the first week of 2025: - PreonFinance announced partnership with SwapX to integrate Preon utility into Sonic Labs - Multiple liquidity pools receiving incentives: * PREON/STAR pool on ThrusterFi * PREON/STAR LP on ThenaFi (BNB Chain) * PREON/STAR incentives on Fenix Finance Focus on yield-bearing stablecoins continues, with STAR stablecoin highlighted as a key offering combining yield generation with stability. Check current APRs across various pools to optimize returns on STAR and PREON holdings.

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