Sonic Labs Launches beS Earnings Program with 12-Week LSK Boost

πŸ€– Sonic's Secret Sauce Revealed

By Beefy
Jul 24, 2025, 4:33 PM
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Key Updates from Beefy's Weekly Report:

  • Sonic introduces new earning opportunities with $beS token
  • LSK boost program launches with 12-week duration
  • SoliDex kicks off Quest Week 1
  • 12 new yield strategies added to platform

Platform Growth Trends:

  • Previous week showed $300M+ TVL
  • Over 1100 products now available
  • Consistent strategy expansion (9-17 new weekly)

Recent Developments:

  • Sonic Labs boosted $beS with 500k $S allocation
  • BIFI trading campaign returns
  • Platform represented at ETHCC
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$FAIR VC Agent and BEEFY Yield Optimizer Launch

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Beefy Launches PrismFi Concentrated Liquidity Managers on MegaETH

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πŸš€ Monad Launch

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**Beefy November Performance:** - **$1.73M yield distributed** at 9% average APY - **24 new strategies** deployed across chains - **23,800 harvests** processed automatically - **382 BIFI tokens** bought back **Major Milestone:** Beefy is now **live on Monad** - expanding DeFi yield opportunities to this high-performance blockchain. The platform continues automating yield farming, turning manual processes into passive income streams for users across multiple networks.

πŸ›‘οΈ DeFi Insurance Works

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**Nexus Mutual quickly processed nearly $100k in claims** following the Stream Finance exploit, protecting users across multiple protocols. **Key highlights:** - Claims paid out in **under a week** to affected Beefy, Euler, and Harvest Finance users - Coverage extended across Base, Arbitrum, Avalanche, and Sonic networks - Users were protected despite **not directly using Stream Finance** **The contagion effect:** Many users couldn't withdraw funds due to liquidity issues where xUSD was used as collateral, demonstrating how DeFi protocols' interconnected nature creates cascading risks. **Partners like OpenCover** facilitated the rapid payout process, showcasing how **multi-protocol coverage** can provide a safety net against second-order effects in DeFi. This incident highlights both the **real risks of protocol interdependence** and the **effectiveness of DeFi insurance** when properly implemented.

πŸš€ Buenos Aires Breakthrough

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