There's now more than $1 billion in #Bitcoin on Ethereum (0.5% of total supply).
$500 million in the past 30 days 📈
This is the gravity of triple digit yields.
1/
$500 million in the past 30 days 📈
This is the gravity of triple digit yields.
1/
While I personally think the biggest cross-chain opportunity is exchange rather than pegged assets, pegged assets will definitely be huge as yield farming opportunities continue to pop up.
messari.io/article/bridgi…
messari.io/article/bridgi…
Also interesting here is how the trend demonstrates how powerful yield farming incentives are.
There's a lot of assets that have been left out the DeFi mania because they're unproductive and sit idly in wallets.
There's a lot of assets that have been left out the DeFi mania because they're unproductive and sit idly in wallets.
@CreamdotFinance's recent launch on Binance Smart Chain is a great example of this.
Through Cream you can now participate in farming with assets such as XRP, DOT, BCH, LTC, and TRX.
That's tens of billions of dollars in assets that now have access to yield farming.
Through Cream you can now participate in farming with assets such as XRP, DOT, BCH, LTC, and TRX.
That's tens of billions of dollars in assets that now have access to yield farming.
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