Beefy

Beefy's Weekly Highlights #179 brings exciting updates: - **Scroll Network Integration**: Beefy now available on Scroll, expanding its reach. - **Boosted Vaults with Compound**: Enhanced yield opportunities for users. - **Zap-Powered Strategies**: Over 90% of strategies now Zap-enabled for easier entry and exit. - **New Yield Strategies**: 68 fresh strategies added, increasing options for users. These developments aim to provide users with more efficient and diverse yield farming opportunities. Check out Beefy's platform to explore these new features and potentially optimize your crypto earnings.

**Urgent Reminder: BIFI Migration Deadline** - Deadline for $BIFI migrations: **October 24, 2024** - Unclaimed $BIFI will be transferred to DAO treasury after this date - Users who haven't claimed should contact Beefy via Discord **How to Claim:** 1. Join Beefy Discord: https://discord.gg/beefyfinance 2. Use the bifi-claims channel **Important Links:** - [BIP:76 Proposal](https://vote.beefy.finance/#/proposal/0x0285840556b7e8702cb37e8a7d38590a6a3bd259a541e37eed4c743f528494f3) *Don't miss out on your $BIFI - act now!*

**Silo has officially launched on the Base network**, bringing exciting opportunities for yield farmers. The platform is introducing single-asset vaults, starting with a **SILO-ETH pair offering an impressive 220% APY**. This high-yield opportunity is available through Beefy Finance, a popular yield optimization platform. Interested users can access the vault at: https://app.beefy.com/vault/aerodrome-weth-silo The launch on Base follows earlier developments, including: - An ETH-EURC pair with a 45% APY - Continued expansion of DeFi offerings on the Base network **Investors should always conduct their own research and understand the risks associated with high-yield opportunities.**

Beefy Finance has announced new yield farming opportunities on the Fraxtal network: - **$sdFXS - $FXS pair**: Offering an impressive 125% APY - Available on Beefy's platform: https://app.beefy.com/vault/curve-fraxtal-fxs-sdfxs This follows previous high-yield offerings from Frax Finance, including: - $FRAX - FXB20261231: 50% APY - $cvxFXS - $FXS: 30% APY - $FRAX - $sDAI: 30% APY These opportunities showcase the growing DeFi ecosystem around Frax Finance and its partners.

Kraken has officially released kBTC, a new Bitcoin-based token designed to enhance Bitcoin's utility in decentralized finance (DeFi). Key points: - kBTC aims to reinforce Bitcoin's central role in the crypto ecosystem - The token enables developers to explore innovative BTC use cases - It offers seamless integration with existing DeFi platforms Kraken emphasizes that kBTC will empower users to leverage Bitcoin's value across various DeFi applications. This launch represents a significant step in bridging traditional Bitcoin holdings with the expanding world of decentralized finance. For more information on kBTC and its potential impact, visit Kraken's official website or consult with your preferred DeFi platform.

Beefy Finance, a yield optimization platform, has announced its expansion to the Scroll network. This move brings advanced Concentrated Liquidity Management (CLM) and VAULT technologies to users on Scroll. Key features of Beefy on Scroll: - One-click deposits - No lock-up periods - SAFU (Secure Asset Fund for Users) - User-friendly interface with essential data This expansion follows Beefy's recent update to their Curve Finance vaults, which now feature ZAP technology for simplified yield farming strategies. **To get started:** Visit Beefy.com to explore new yield opportunities on Scroll.

Beefy Finance has launched a new vault for PENDLE token holders, offering an impressive 90% APY. Here's what you need to know: - PENDLE tokens can be converted to mPENDLE on Penpie - The new vault is available on Beefy's platform - Users can autocompound their mPENDLE for maximized returns This development follows Locus Finance's recent integration of Penpie into their Pendle Index. Penpie enhances returns on Pendle LP tokens by: - Staking tokens to secure higher APY via vePENDLE boost - Generating additional PENDLE rewards - Simplifying the process for end-users Check out the new mPENDLE vault on Beefy Finance to potentially boost your PENDLE returns.

Beefy Finance has announced updated Annual Percentage Yield (APY) rates for two trading pairs: - **USDz-WETH**: 35% APY - **EURC-WETH**: 15% APY These rates represent a significant decrease from previous offerings, which included: - USD+-WETH: 2,700% APY - CAKE-WETH: 2,200% APY - ZRO-USDC: 1,500% APY While the current rates are lower, they still offer competitive yields in the current market. **Action**: Check Beefy.com for the latest rates and to start earning.

Beefy has launched the #SuperOETHb vault and Concentrated Liquidity Management (CLM) feature. Users can now access: - Vault: https://app.beefy.com/vault/aero-cow-weth-superoethb-vault - CLM: https://app.beefy.com/vault/aero-cow-weth-superoethb-rp This follows recent updates to Beefy's offerings, including: - Version 17.0 vault incorporating @Base - New $ETH - $rETH LP with 5.4% APY on Aerodrome **Explore these new opportunities to optimize your yield on Beefy.**

Yield Protocol continues to expand its boost offerings: - $msOP, $wstETH, $wUSDM, $wrsETH, and $weETH receive boosts - These assets are now 'ignited' on the platform - Boost feature aims to increase yields for users This update reinforces Yield Protocol's commitment to maximizing returns for its users across various assets. The addition of new boosts provides more opportunities for yield optimization. **Key Takeaway**: Users holding these assets may want to check their potential boosted yields on Yield Protocol.