Beefy

A new yield optimization product called Cowcentrated Liquidity Manager (CLM) has been launched on the Arbitrum network. The product promises an annual percentage yield (APY) of 95% for providing liquidity with MAGIC and ETH tokens. The team behind the product claims it is the best CLM offering on the market, even without the 'magic' component. They position it as the easiest way for users to earn more cryptocurrency.

Frax Finance and Aerodrome have unveiled new vault offerings with impressive annual percentage yields (APYs). The Frax Finance vault for $AERO token offers a 1200% APY, while the vault for $FXS token yields 310% APY. These vaults are touted as extremely secure, with the passwords requiring an estimated 530 billion trillion years to crack, ensuring the safety of user funds.

Frax Finance, a decentralized finance protocol, has announced several new high-yield opportunities for its users. The protocol is offering an annual percentage yield (APY) of 400% for converting USD+ to sFRAX, 320% APY for converting sFRAX to USDC, and 320% APY for converting FXS to USDC. Additionally, Frax Finance has introduced two new vault announcements with APYs of 1200% for sfrxETH to AERO and 310% for sfrxETH to FXS. The protocol has emphasized the security of these opportunities, claiming that using one of the vault announcements as a password would require an extremely long time to crack.

A new platform called Concentrated Liquidity Manager is offering users the ability to earn up to 25% annual percentage yield (APY) on their Bitcoin (WBTC) and Ethereum (ETH) holdings through concentrated liquidity positions. The platform, which is currently in beta testing, aims to provide an easy way for users to optimize their crypto yields. It has been promoted on Twitter by the Uniswap and Arbitrum communities, highlighting its potential integration with those protocols.

Following BIP:67, the 12-month unlock period for beFTM has concluded, and the original product has been deprecated. Users can now exchange their beFTM tokens 1:1 for the underlying FTM through Beefy's burning mechanism. To redeem, users should visit the beFTM vault page on the Beefy app, connect their wallet to the Fantom network, enter the balance they want to exchange, and hit 'burn beFTM'. With the upcoming release of FantomSonic and its improvements, Beefy looks forward to continuing support for the Fantom ecosystem and FTM token.

Beefy Finance, a decentralized finance platform focused on yield optimization, has announced a community vote regarding contributor funding for the second quarter of 2024. The vote, identified as BIP:77, is open to the Beefy community and will determine the allocation of funds to contributors who have made significant contributions to the project's development and growth.

Beefy Finance, a decentralized finance (DeFi) platform, has announced the availability of its yield optimization vaults on the Metis network. These vaults are designed to provide users with seamless auto-compounding across multiple DeFi platforms on Metis. By utilizing Beefy Finance's vaults, users can optimize their yields and earn more cryptocurrency.

Lynex Finance has unveiled new opportunities for earning high annual percentage yields (APYs) on various cryptocurrency pairs. The USDC-LYNX pair offers a 2300% APY, while the WETH-LYNX pair yields 580% APY, and the WBTC-WETH pair provides a 120% APY. Lynex Finance, in collaboration with Ichi Foundation and Linea Build, promotes these offerings as a yield optimization solution for earning more crypto.

Beefy Finance, a popular yield optimization platform, has announced the activation of the Mantle Zap feature. This new functionality allows users to effortlessly deposit into any autocompounding 0xMantle vault using a wide range of supported cryptocurrencies with just a single click. The Mantle Zap aims to streamline the process of earning yield on the platform, making it easier for users to maximize their returns.

Beefy Finance, a decentralized finance (DeFi) platform, has announced the launch of a new yield optimization product called ezETH. According to the tweet, ezETH offers an annual percentage yield (APY) of 60% and is available on the Arbitrum network through partnerships with Pendle Finance and Equilibria Finance. Beefy Finance describes itself as 'THE Yield Optimizer' and claims to offer the easiest way to earn more cryptocurrency.