Returning to the Ring, I share an entry I made last week on the Arbitrum network.

After claiming the Scroll Airdrop, selling, and moving some assets.

I converted to WBTC and sent it to #Arbitrum.

The thing is that Pendle opened a farming pool in BTC on the Arbitrum network. 😱

This pool is from @Dolomite_io, a next-generation margin trading protocol that serves Berachain, Arbitrum, Mantle, X Layer, and Polygon zkEVM.

They raised $4.2 million from top investors like Coinbase and the Arbitrum Foundation.

The thing is that Pendle set up a pool with the wBTC asset on the Arbitrum network with the Dolomite project.

At the moment that the LP APR of 32% enters, it's crazy for an asset like BTC, plus you earn x3 Dolomite minerals points for their Airdrop.

The advantage of being a pool on Arbitrum is that the fee cost is cents, compared to the pools of @pendle_fi on Ethereum.

In summary, I take it as a win-win:

✅ Holding wBTC (Exposed to the price increase of BTC)

✅ I earn an APR above 20% (Current variable APR)

✅ I earn Dolomite minerals for their Airdrop