🌟 The journey through the #ArbitrumFrontier continues!
Join us as we explore the many protocols that make Arbitrum great while entering a raffle for $ 100k in total prizes.
Campaign: galxe.com/Dopex/campaign/GCd8etUZiA
Not sure how it works? 👇
Complete quests from each protocol to earn a raffle ticket for the prize pool - the more quests you complete, the more tickets you get.
An excellent opportunity to learn about Arbitrum's top DeFi protocols!
#SiloTheRisk
𝐼𝑓 𝑙𝑒𝑛𝑑𝑖𝑛𝑔 𝑚𝑎𝑟𝑘𝑒𝑡𝑠 𝑝𝑟𝑜𝑣𝑖𝑑𝑒𝑠 𝑙𝑒𝑛𝑑𝑖𝑛𝑔 𝑡𝑜 𝐷𝑒𝐹𝑖, 𝑤ℎ𝑜 𝑝𝑟𝑜𝑣𝑖𝑑𝑒𝑠 𝑙𝑒𝑛𝑑𝑖𝑛𝑔 𝑡𝑜 𝑙𝑒𝑛𝑑𝑖𝑛𝑔 𝑚𝑎𝑟𝑘𝑒𝑡𝑠?
Please welcome our lending brethren Radiant Capital to Silo, where users can now lend or borrow against $RDNT.
Radiant will be incentivizing this market with 50,000 $ARB for the duration of the STIP program.
As usual, this is a risk-isolated market meaning users are not exposed to any other market.
Try here: app.silo.finance/silo/0x19d3F8D09773065867e9fD11716229e73481c55A
#SiloTheRisk
🦙 𝐍𝐄𝐖 𝐈𝐍𝐂𝐄𝐍𝐓𝐈𝐕𝐄𝐒 𝐂𝐎𝐌𝐈𝐍𝐆 𝐓𝐎 𝐒𝐈𝐋𝐎 𝐋𝐋𝐀𝐌𝐀 🦙
40,900 in $CRV rewards have started streaming right now!
These incentives will be directed to the $YFI and $LINK silos.
Read on for our breakdown 👇
1️⃣ $YFI silo
The $YFI market has seen excellent traction since our initial launch of incentives.
𝟐𝟎,𝟎𝟎𝟎 $𝐂𝐑𝐕 is allocated to $crvUSD depositors.
Try here: app.silo.finance/silo/0xb0823c25cDF531a58e581eE14f160c290fef5722
2️⃣ $LINK silo
𝟐𝟎,𝟗𝟎𝟎 $𝐂𝐑𝐕 is allocated to the $LINK silo:
- 17,900 $CRV to $crvUSD depositors
- 3,000 $CRV to $LINK depositors
As per usual, this market has exposure to $LINK and $crvUSD only - excellent for safe access to leverage.
Try here: app.silo.finance/silo/0x2c2A3aBBa45BF2D52CeB0Eb3A55A4E354F986901
#SiloTheRisk
Earn 26.60% APY on $AURA by depositing in the AURA silo now!
Deposit here: app.silo.finance/silo/0x67b2d089c39c59a49f8fbdea43f5878b3a3f65c3
All deposits on Silo are completely isolated so that you won’t take on the risk from other assets.
#SiloTheRisk
$gOHM is officially live on Silo Finance!
#Ohmies will be able to use their gOHM as collateral, allowing them to leverage or boost their yield by borrowing ETH or our stablecoin XAI.
The XAI/FRAXBP Pool is printing an extra 15% on stables via @convexfinance.lens, BTW.
Calling all Ballers! APYs continue to climb on the @balancerprotocol.lens silo!
Holders can earn a combined APY of up to 43% - with most of the yield being native $BAL real yield.
Deposit single-sided and start earning!
#SiloTheRisk
One of the great use-cases lending brings along is being able to use assets without being exposed to their underlying price.
For example, users can right now borrow CVX on Silo to earn a 26% APY on Badger.com!
How?
-
Deposit $XAI into the CVX silo
-
Borrow $CVX
-
LP $CVX in the CVX-bveCVX Curve pool
-
Stake LP tokens on Badger to earn $BADGER, $CVX, and $CRV rewards.
LP $XAI on @convexfinance.lens to earn ~60% APY!\n\nThis can be done with any token but let's use $CRV as an example: \n\n1. Deposit $CRV in the $CRV silo\n\n2. Borrow $XAI \n\n3. Deposit XAI on XAI-FRAXBP on Curve\n\n4. Deposit LP Tokens on Convex to earn that yield!
We are proud to announce silos for the following assets:
nullINCH $BAT $ENJ
$MANA $MKR $RAI
$USDP $YFI $ZRX
With our isolated lending markets, rest easy without worrying about knee-jerk delistings!
App: app.silo.finance
#SiloTheRisk
GM world!
Silo Finance is a decentralized lending protocol that uses isolated lending markets to democratize the lending space!
We currently have 26 assets listed with much more on the way.
Want to get listed? Reach out!
App: app.silo.finance
#SiloTheRisk