Beefy

Alchemix, a decentralized finance protocol, has introduced new yield opportunities for its synthetic asset alUSD. Users can now earn an annual percentage yield (APY) of 95% by lending alUSD against DOLA, and 40% APY by lending alUSD against USDC. The protocol positions itself as a yield optimizer, offering an easy way for users to maximize their crypto earnings.

Beefy Finance, a decentralized finance platform, highlighted a high-yield vault offering 70% annual percentage yield (APY) for providing liquidity to the Ethereum-USD Coin trading pair on the Base protocol. The platform described the vault as being 'so hot it can start its own OnlyFans channel,' employing humor to promote the attractive yield opportunity.

Frax Finance, a decentralized finance protocol, has announced a two-week period of boosted rewards for users providing liquidity on Arbitrum and Optimism networks. The promotion offers significantly higher annual percentage yields (APYs) for holders of ARB and OP tokens. Frax Finance is collaborating with Aura Finance and Balancer during this event, which aims to incentivize users to engage with their yield optimization services.

Merchant Moe, a yield optimization platform, has introduced several new high-yield earning opportunities. These include 300% APY on MOE-mETH, 90% APY on USDC-mETH, 80% APY on USDT-mETH, 40% APY on WMMT-mETH, and 25% APY on WBTC-mETH. The platform aims to provide users with an easy way to earn more crypto through auto-compounding earnings.

Beefy Finance has announced the listing of the Velodrome wstETH-LDO vault on the Rivo Yield Marketplace. This vault deposits assets into the wstETH-LDO liquidity pool on Velodrome farm, earning the $VELO governance token. Earned $VELO tokens are swapped for more underlying assets and auto-compounded by Beefy Finance to boost yields. Users can invest in this vault by connecting their wallet or creating an AA wallet on Rivo.

Single-asset ETHs on Arbitrum are currently performing exceptionally well, with $ETH offering a 55% APY and $ezETH providing a 50% APY. Partners involved include @Pendle_fi and @Equilibriafi.

Beefy Finance will be an official launch partner of ShadowDexFi, revolutionizing DeFi as a yield optimizer for users to earn compounded interest on their tokens and liquidity. This partnership signifies the collaboration between two projects in the DeFi space.

Beefy Finance has completely redone its revenue infrastructure, allowing users to visualize it all through a DuneAnalytics dashboard.

Beefy Vaults have started collecting points from underlying LSD projects such as vETH, rsETH, weETH, and ezETH. Users can deposit, earn more, and accumulate points through the dedicated vaults.

Beefy Finance announces Vector Reserve as DeFi's first Liquidity Layer and issuer of the first LPD. Users can pre-stake into the vETH boost to earn VEC rewards on top of autocompounding, exclusively at Beefy. Partnered with Curve Finance for enhanced benefits.