Data: Galxe's new L1 chain Gravity ecosystem Latch TVL exceeds 3 million US dollars
Foresight News reported that Latch tweeted that TVL exceeded 3 million US dollars. Latch.io is a blockchain interoperability protocol built on the Gravity chain, aiming to connect the interest-bearing assets and liquidity of the entire chain. It has launched a "full-chain Yu'ebao" product, which integrates Ether.Fi and Ethena to provide on-chain income in Ethereum and U standards respectively, and provides additional liquidity for users to directly use the balance of interest-bearing assets for on-chain transactions.
Latch will further cooperate with Galxe to upgrade Galxe Smart Balance to Galxe Smart Savings, and reward early users for U-standard 50%+ APY income.