Princ3 🌿 Profile picture
Feb 27 9 tweets 6 min read
Hey, wait! 😳

Noticed the doubled increase in TVL on Andromeda just in January alone⁉️

Tells you #DeFi szn on #Metis is building up w/ @GranaryFinance joining the Metis Marathon & opening the doors for wBTC money markets! 🔥

Check this ⬇️🧵

#Web3 #crosschain Image
💎 @GranaryFinance is a multi-chain, decentralized, user-driven borrowing and lending protocol that was deployed on the Andromeda network.

The Granary prides itself in not being predatory or profiting themselves before it's community

You can visit Granary.finance
💎 Joining the #metis marathon

Granary Finance will facilitate borrowing and lending on Andromeda, on-chain arbitrage opportunities between chains and encourage a #DeFi flywheel for Metisans to maximize the optimization of their assets 😎.
They'll play a key role in anchoring the inception of wBTC into Andromeda network, this is expected to be the first product & wBTC centered campaign which will stimulate increase in wBTC TVL and encourage other #DeFi protocols to leverage and take action.
💎 What this means

Borrowing and lending of wrapped Bitcoin is now possible on the Andromeda network and other #DeFi protocols on Andromeda could leverage on it and capitalize by introducing new products and making novel implementations
💎 The #Metis marathon

This campaign is a buildoors program that aims to incentivize top performing protocols on Andromeda by highest TVL .

The marathon helps create a native Power house by rewarding most innovative dApps on Andromeda.
#Metis is building a robust #DeFi ecosystem and this is just a tip of the iceberg.

Hoping to see a lot of people seize this opportunity.
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What do you think of this campaign? Lendoors, do you have your wBTC ready?! 🤩

Let's have your thoughts in the comment section
You can subscribe to #Metis official channels using the links 👇

Twitter: twitter.com/MetisDAO

Discord: discord.gg/u8gzHvtTMG

Telegram: t.me/MetisDAO

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