Beefy

Beefy Finance has announced boosted vaults for Kwenta (KWENTA) and Ethereum (ETH) pairs on Optimism, offering annual percentage yields (APY) of up to 450%. These vaults are available through Beefy's platform, providing users with opportunities for high-yield farming. Key points: - Boosted vaults feature KWENTA-ETH pairs - APY reaches up to 450% - Available on Optimism network - Accessible through Beefy Finance platform This news follows a trend of attractive yields in the DeFi space, with previous reports of double-digit APRs on ETH and stablecoin vaults across various networks. Users interested in these high-yield opportunities should conduct thorough research and understand the associated risks before participating.

Binance, the leading cryptocurrency exchange, has announced a new yield opportunity for holders of the Tether (USDT) stablecoin. According to a recent tweet, Binance is offering an annual percentage yield (APY) of 16% on USDT deposits. This high-yield offering is being promoted specifically to users of the BNB Chain, Binance's blockchain ecosystem.

Mountain USD has introduced new vaults offering attractive annual percentage yields (APYs) for stablecoin holders. The sDAI-USDM vault offers an 18% APY, while the USDC-USDM vault provides a 13% APY. These vaults present opportunities for crypto investors to earn passive income on their stablecoin holdings.

Beefy has announced a partnership with PwnDao that allows users to utilize their Beefy assets as collateral for loans. This collaboration provides customizable lending terms and access to capital without the risk of liquidation. Additionally, users' assets will continue to accrue yields while securing their PwnDao loans.

Frax Finance, in collaboration with Curve Finance, has introduced new high-yield opportunities for cryptocurrency holders. The FRAX stablecoin now offers an annual percentage yield (APY) of 110% when paired with the wfrxETH pool token. Additionally, FRAX provides APYs of 35% when paired with PYUSD, and 30% when paired with DAI or USDT. These new yield opportunities aim to attract investors seeking attractive returns on their digital asset holdings.

Fraxtal, a decentralized exchange, has announced new high-yield opportunities for cryptocurrency holders. Users can earn up to 220% annual percentage yield (APY) by providing liquidity for the FRAX-WBTC trading pair, 150% APY for WBTC-frxETH, and 90% APY for FXS-frxETH. These new offerings aim to provide users with attractive returns on their digital asset holdings.

BENQI, a decentralized finance protocol, has introduced a new product called Liquid Staked AVAX (sAVAX). This product allows users to earn a 10% annual percentage yield (APY) by staking their AVAX tokens on the Balancer platform. Liquid staking enables users to earn staking rewards while maintaining liquidity and the ability to transfer or trade their tokens.

The Tetu Network has announced the launch of new Concentrated Liquidity Managers (CLMs) that are autocompounding fees and minimizing out-of-range positions. The CLMs offer attractive annual percentage yields (APYs) on various cryptocurrency pairs, including 50% APY on WETH-USDCe, 30% APY on wstETH-USDCe, and 7% APY on tBTC-WETH. The Tetu Network has partnered with Lido Finance for this initiative.

Axelar and Beethoven-X have launched three new stablecoin offerings on the Fantom blockchain: axlUSD, lzUSDC, and USDCe. These stablecoins are offering an annual percentage yield (APY) of 10%. The offerings are part of a collaboration between the two projects, with Axelar providing cross-chain communication capabilities and Beethoven-X serving as the yield optimizer platform.

Beefy Finance has expressed gratitude to the Arbitrum community for approving their Liquidity Token Issuance Perpetual Proposal (LTIPP). The proposal will allow Beefy Finance to continue developing and expanding their yield optimization platform on the Arbitrum network. Beefy Finance aims to provide users with an easy way to earn more cryptocurrency through their services.