2022-03-31 11:15:26
The Waves ecosystem just passed $5billion in TVL
That’s a 185% gain in just the last month. Why is it growing so fast?
Strong community
High stablecoin APYs
Unique features & UX
Here’s a thread on the top opportunities on $WAVES so you can get involved too.
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1/Starting with the biggest by TVL, Neutrino - An algorithmic stable-asset pegged protocol.
$3b in TVL
Similar to @terra_money. The primary asset is $USDN collateralized by $WAVES; User deposits $WAVES and mints USDN. Staking USDN = APY of 10%
But, that’s not all you can do.
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2/USDN is growing fast because of its utility; here are some of the best ways to use USDN:
On @waves_exchange
10% APY for staking
Up to 95% variable APY for LPing
On @viresfinance (Lending/Borrowing)
16% APY for supplying w/ additional rewards in $VIRES
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3/@viresfinance is the second-largest protocol by TVL on $WAVES - built for P2P lending + borrowing.
$1.8b in TVL
Enabling users to lend and borrow $WAVES, $USDN, $USDC, $USDT, $EURN, $BTC + $ETH
Stable APYs of 15-20% mean some of the best yields in DeFi right now.
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4/@waves_exchange is a unique DEX built on a combination of Orderbook & AMM. It’s probably the best user XP for trading and LP’ing in DeFi.
$151m in TVL
Buy crypto directly with card.
Candlestick charts built-in
Liquidity pools for $BTC, $USDC, $USDT, and many more with base APY…
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5/+ native token APY in $WX. The WX token can be locked-up to become $gWX, giving you up to 3x boosted rewards on all pools.
$WX can also pay trading fees at a 50% discount over $WAVES.
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6/The @waves_exchange Investments section gives users a quick and easy way to weigh the different investment products available based on APY and risk appetite.
Put your $USDT or $USDC to work with #LamboInvestments, an algorithmic trading strategy that balances risk/profit.
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7/What makes the UX so great on WX? Simplicity & Interoperability.
Waves Gateway simplifies bridging tokens across chains
WX Wallet is integrated across the whole ecosystem, so 1 transfer gets you immediate access to everything.
LOW FEES - Easily jump in and out of any product
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8/@wavesducks is a P2E metaverse, unlike anything you’ve seen before.
$17.5m TVL
Ducks can be bought and sold as an NFT; With some, you can breed and birth rare ducks, which earn passive income in $EGG when staked.
You can actively earn by playing the games in the Ducks Metaverse.
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9/Collective Farms enable users to invest $EGG instead of playing the game, capitalizing on the shared capital to buy more ducks and earn more APY for their investors.
There is a thriving economy on @wavesducks of +200k users. In the marketplace, the games and the metaverse.
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10/@puzzle_swap is another DEX using AMM using Liquidity MegaPools.
$2.4m TVL
MegaPools can pool together up to 10 different tokens with APYs between 13-178%
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11/@swopfi another DEX using AMM.
$27m TVL
Swap, Pool, and Farm Crypto Assets
With APYs up to 95% on $USDT, $USDN, $BTC, $WAVES, and many more.
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12/What about wallets? There are 3 native #Waves wallets @EnnoWallet @KeeperWallet @munawallet along with the @waves_exchange WX wallet.
All of which are well integrated across the ecosystem for quick and easy access to all the products we’ve highlighted.
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This thread is an overview of just a few amazing opportunities in the @wavesprotocol ecosystem.
Help us spread the word on Twitter - https://wav.ink/ecosystem-tweet
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