Binance Square
LIVE
LIVE
LONG BTC
--ใƒป757 views
๐Ÿš€๐Ÿ’ฐHold on to your hats, BTC enthusiasts! DeFi market maker Swaap Finance has launched a new service, Swap Earn, that lets users earn extra yield on already yield-bearing assets. How? By topping up investor returns through market-making yield and spreading assets across multiple pre-defined protocols. It's like yield on top of yield! ๐Ÿคฏ๐Ÿ’ธ ๐Ÿ”„Market making in DeFi is when users provide liquidity to decentralized exchanges, making it easier for crypto buyers to find sellers, and vice versa. The yield from market-making can come from trading/swap fees or intrinsic token rewards. ๐Ÿ”ฅWith Swaap Earn, liquidity providers can earn a "superior yield" by depositing their assets into single asset vaults. These assets are then dynamically distributed across multiple protocols to find the most optimal yield at any given time. ๐Ÿ”’This model offers investors passive returns that are trust minimized. Over time, Swaap's decentralized governance can add new allocation rules and strategies to keep yields as high as possible. ๐Ÿš€"The beauty of Swaap Earn lies in its simplicity and efficiency," said David Bouba of Swaap Labs. "We're setting a new standard for liquidity utilization in the DeFi space." ๐Ÿ“ˆSwaap's growth continues with the first vaults on Swaap Earn developed in conjunction with Lido and Aave. Despite challenges in the DeFi space, Swaap Earn was created to solve these issues while increasing the returns available to LPs. ๐ŸŽ‰One year ago, Swaap Labs closed a seed funding round for $4.5 million. Now, with the launch of Swaap v2 in July 2023, it's bringing advanced autopilot market trading strategies to all users for the first time. Get ready for a supercharged DeFi yield protocol! ๐Ÿš€๐Ÿ’ฐ

๐Ÿš€๐Ÿ’ฐHold on to your hats, BTC enthusiasts! DeFi market maker Swaap Finance has launched a new service, Swap Earn, that lets users earn extra yield on already yield-bearing assets. How? By topping up investor returns through market-making yield and spreading assets across multiple pre-defined protocols. It's like yield on top of yield! ๐Ÿคฏ๐Ÿ’ธ

๐Ÿ”„Market making in DeFi is when users provide liquidity to decentralized exchanges, making it easier for crypto buyers to find sellers, and vice versa. The yield from market-making can come from trading/swap fees or intrinsic token rewards.

๐Ÿ”ฅWith Swaap Earn, liquidity providers can earn a "superior yield" by depositing their assets into single asset vaults. These assets are then dynamically distributed across multiple protocols to find the most optimal yield at any given time.

๐Ÿ”’This model offers investors passive returns that are trust minimized. Over time, Swaap's decentralized governance can add new allocation rules and strategies to keep yields as high as possible.

๐Ÿš€"The beauty of Swaap Earn lies in its simplicity and efficiency," said David Bouba of Swaap Labs. "We're setting a new standard for liquidity utilization in the DeFi space."

๐Ÿ“ˆSwaap's growth continues with the first vaults on Swaap Earn developed in conjunction with Lido and Aave. Despite challenges in the DeFi space, Swaap Earn was created to solve these issues while increasing the returns available to LPs.

๐ŸŽ‰One year ago, Swaap Labs closed a seed funding round for $4.5 million. Now, with the launch of Swaap v2 in July 2023, it's bringing advanced autopilot market trading strategies to all users for the first time. Get ready for a supercharged DeFi yield protocol! ๐Ÿš€๐Ÿ’ฐ

Disclaimer: Includes third-party opinions. No financial advice.ย See T&Cs.
0
Explore Content For You
Sign up now for a chance to earn 100 USDT in rewards!
or
Sign up as an entity
or
Log In
Relevant Creator
LIVE
@Square-Creator-4d9133520

Explore More From Creator

--
๐Ÿš€Buckle up, BTC enthusiasts! Despite the crypto market's April downturn, layer-2 networks saw a surge in developer activity, hinting at a robust faith in these projects, even as their native tokens took a hit. ๐Ÿ“‰ ๐Ÿ”Crypto data analytics platform, Santiment, shared a tweet revealing the top ten layer-2 networks, based on non-redundant GitHub activity over the past 30 days. This activity serves as a reliable indicator of whether a team is actively working on a protocol, and high developer activity could even lower the chances of a project being an exit scam. ๐Ÿ•ต๏ธโ€โ™‚๏ธ ๐Ÿฅ‡Topping the list is Ethereum-based scaling protocol, Optimism, with a whopping 541.33 commits - 146% more than the next project! However, its native token, OP, dropped by over 17% in the last 30 days. ๐Ÿ˜ฎ ๐ŸฅˆComing in second is Starknet, recording a developer activity of 220.23, but its native token, STRK, lost roughly 36% of its value in April. ๐Ÿ“‰ ๐Ÿฅ‰Arbitrum, Cartesi, Immutable X, and Skale Network follow, with their native assets also experiencing significant declines. The last four projects are Bitcoin layer-2 sidechain MintLayer, and Ethereum-based networks Polygon, MetisDAO, and Mantle, all of which saw their native tokens take a hit in April. ๐Ÿ˜ฌ Despite the market's volatility, the developer activity on these layer-2 networks is a testament to the unwavering belief in the potential of these projects. So, keep your eyes on the prize, BTC lovers! ๐ŸŽฏ๐Ÿš€
--
๐ŸšจCrypto enthusiasts, listen up! ๐Ÿšจ New York resident, Idin Dalpour, has been indicted by the FBI for allegedly organizing a $43 million Ponzi scheme! ๐Ÿ˜ฑ From 2020 to 2024, Dalpour reportedly targeted investors in the US and abroad through an entity he controlled, "Entity-1". This entity was involved in cryptocurrency trading and a Las Vegas hospitality enterprise. Dalpour claimed to buy cryptocurrency at wholesale prices and sell it at a profit to retail investors, promising hefty returns and safety for their investments. ๐Ÿ“ˆ๐Ÿ’ฐ However, the indictment states that Dalpour didn't use the investors' funds as promised. Instead, he used the money from new investors to pay earlier participants their returns. He also reportedly used the funds for personal expenses, including gambling losses and private school tuition for his children. ๐Ÿ˜ฒ๐Ÿ’ธ When investors tried to recover their investments, Dalpour allegedly provided false explanations, including claims of frozen funds due to a hotel server hack and non-existent bank accounts. ๐Ÿ˜ก In November 2023, Dalpour reportedly confessed to lying about the operation of the Las Vegas business, misuse of investor funds, and fabrication of contracts and bank records. If convicted, he could face up to 20 years in prison for wire fraud. ๐Ÿš”๐Ÿ‘ฎโ€โ™‚๏ธ This case is a stark reminder to all crypto enthusiasts to stay vigilant and do their due diligence before investing. Stay safe out there, folks! ๐Ÿ™๐Ÿ”’
--
๐Ÿš€๐ŸŽ‰ Hold on to your hats, BTC enthusiasts! Ethereum's price is showing signs of a comeback after a rejection from the $4,000 resistance level. ๐Ÿ“ˆ๐Ÿ’ช The daily chart shows Ethereum's price has been on a downward trend, making lower highs and lows inside a descending channel since failing to break above the $4,000 resistance level. But wait, there's a twist! ๐Ÿ”„ Ethereum is clawing its way back above the $3,000 level and the midline of the channel. If the market successfully recovers back to these levels, we could see a breakout above the channel and a continuation toward $4,000 and even higher prices. ๐Ÿš€๐ŸŒ The 4-hour chart provides a clearer picture of recent price action. The market has barely broken through the $3,000 resistance zone and is currently testing the midline of the descending channel. With the RSI showing values above 50%, ETH is likely to break through the level and potentially continue outward to the $3,600 resistance area. ๐ŸŽข๐Ÿ“Š Following the recent decline in Ethereumโ€™s price, many futures traders have been liquidated or reversed their long positions. This could be a good sign, as the futures market has seemingly cooled down. Low but positive funding rates can be interpreted as a bullish signal, indicating that the demand is still there, and the price can soon rally higher. ๐Ÿ‚๐Ÿ’ฐ So, is the Ethereum bull market back or is another dip below $3K imminent? Only time will tell! Stay tuned, BTC lovers! ๐Ÿ•ฐ๏ธ๐Ÿ‘€
--

Latest News

View More
Sitemap
Cookie Preferences
Platform T&Cs