Sonic TVL Surpasses $1 Million as Beefy Adds 20 New Strategies

**Beefy officially launched @capmoney_** while reaching a significant milestone of **$350M in total value locked (TVL)** across their platform. The yield optimizer now offers **1,100+ products** for users to choose from, providing extensive options for crypto earning strategies. **Key developments:** - Launch of @capmoney_ feature - $350M TVL achievement - 10 new yield strategies added - Over 1,100 products available This represents continued growth for the platform, which has been steadily expanding its offerings and TVL over recent months.

**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

Beefy Finance has initiated a crucial governance vote on profit distribution mechanisms. The protocol also expanded its yield offerings with 23 new strategies. Key updates: - Community voting on profit distribution model - Integration of beS (Beefy Escrowed Sonic) rewards system - Users can now earn both yield and points through beS - 23 new yield strategies deployed across networks This follows recent developments including RWA integration and BIFI-USDT liquidity mining campaign extensions from previous weeks. **Action Required**: Community members should participate in the governance vote to help shape Beefy's financial future.

**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.*

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.*