Beefy Finance on Avalanche Network has opened 6 liquidity pool | DeFi Check

Beefy Finance on Avalanche Network has opened 6 liquidity pools for Pangolin PNG

Beefy Finance, a liquidity mining optimizer, announced on Twitter that 6 Pangolin PNG high APY storage pools have been set up on the Beefy network at Avalanche Network. The pools are reportedly paired to DAI, WBTC, UNI, ETH, SUSHI and LINK.

According to the announcement, the pools offer the following APYs.

DAI - PNG LP： 57% APY
WBTC - PNG LP： 56% per year
UNI - PNG LP： 50% APY
ETH - PNG LP： 47% APR.
SUSHI - PNG LP： 46% APY
LINK - PNG LP： 46% APY

DeFi's stacking and revenue farming platform, Beefy Finance (BIFI), launched on the Avalanche blockchain (AVAX) in March, and in late June announced a partnership with Pangolin (PNG), a decentralized exchange based on Avalanche. Pangolin DEX will reportedly provide liquidity for the Beefy Finance BIFI token to Avalanche.