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May 19, 2023 β€’ 19 tweets β€’ 19 min read β€’ Read on X
Liquid staking has been one of the best performing sectors in the crypto spaceπŸ”₯

Among these, protocols such as @WombatExchange offers the best real yield opportunities ( 10%+ APR) for LSDs like wBETH and frxETH.

Here’s thread on the future of LSD yield farming🧡
$WOM $BNB $ETH Image
2/ In case you missed my previous thread about LSDs, where I introduced popular LSD protocols like @staderlabs and @BenqiFinance, don't worry! You can catch up right here:
πŸ‘‡πŸ‘‡

$SD $Qi $BNB $AVAX
3/ So, what exactly is @WombatExchange ?

It's a Multichain StableSwap protocol powered by $BNB and #Arbitrum. πŸ”₯

Here, users can deposit, swap, and farm using pegged assets like Stablecoins and LSD tokens. βœ…

Now, let's dive into the LSD opportunities on WombatπŸ‘‡
$ARB $WOM
4/ @binance has kicked off its $ETH staking option and teamed up with Wombat to launch the $wBETH pool.🀯

By staking $ETH on @binance, you can earn a sweet 3.81% APR. In addition, you'll receive $wBETH as an LSD form of $WETH!πŸš€

$ETH $WOM Image
5/ Holders of $wBETH can take it a step further and provide liquidity on Wombat, scoring an additional 8.5% APR. πŸ”₯

To incentivize $veWOM holders, @binance has allocated $2.5k in bribe rewards for voting on the $wBETH pool. These rewards are exclusive to @WombatExchange βœ… Image
6/ Let's explore Opportunity 2:

@fraxfinance has ventured into the LSD space, offering a tempting 6.81% APR on $frxETH. 🀀

And here's the cherry on top:

Wombat has $frxETH pools where you can earn an impressive 13% APR by staking $frxETH! πŸ”₯

$FXS $WOM $Eth Image
7/ Opportunity 3 awaits!

@staderlabs one of the prominent players in the LSD arena, allows you to stake $BNB on @staderlabs and earn a solid 4% APR with $BNBx βœ…

But hold your horses!

Liquidity providers of the $BNBx pool on Wombat can enjoy an extra 14% APR on top of thatπŸ”₯ Image
8/ Brace yourselves for Opportunity 4:

@pStakeFinance, a notable protocol in the LSD space. Stake $BNB for $stkBNB and earn a respectable 3.35% APR. πŸ‘

But the excitement doesn't stop there! 🀯

By staking $stkBNB on Wombat, you can snag an additional 12.47% APR!πŸ”₯ Image
9/ Here comes Opportunity 5βœ…

Brought to you by @ankr, a true giant in the LSD arena. πŸ’ͺ

Stake $BNB on @ankr and earn a decent 3.51% APR.

The ankrBNB pool on @WombatExchange boasts an impressive TVL of over $3.33M. By staking it on Wombat, you can earn an extra 3.69% APR! πŸ”₯ Image
10/ Ready for Opportunity 6πŸ‘‡

@TENfinance, a rising star in the LSD space, invites you to stake $BNB on @TENfinance and earn 3% APR with $BNBy βœ…

But hold on tight, as $BNBy offers one of the most alluring APRs on @WombatExchange, nearly reaching 33% on top of the base APR!πŸ”₯ Image
11/ Now, let's talk about @WombatExchange's fantastic ecosystem, complete with its own yield boosters.βš™οΈ

Brace yourself for a unique twist! βœ…

They have LSD versions of $WOM tokens, all of them offering captivating rewards. πŸ”₯

Let's explore $mWOM, $wmxWOM, and $qWOM! πŸ‘‡πŸ‘‡ Image
12/ Get ready for Opportunity 7: πŸ”₯

@magpiexyz_io a formidable yield booster on @WombatExchange βœ…

Convert your $WOM into $mWOM and get 17.64% APR on Wombat with $230k liquidity.

Staking yields have 77% APR, locking $mWOM gives mouthwatering 102% APR on Magpie dApp.πŸ”₯
$MGP Image
13/ Opportunity 8 is calling! 🀯

@WombexFinance home to the largest $veWOM treasuryβœ…

Convert your $WOM into $wmxWOM on Wombex and unlock an impressive 13.42% APR on @WombatExchange πŸš€

But that's not all! Staking $wmxWOM on their dApp rewards you with a juicy 41% APR!πŸ‘Œ

$WMX Image
14/ And last but not least, Opportunity 9πŸ”₯

@QuollFinance a captivating yield booster built on top of @WombatExchange πŸ‘Œ

Convert your $WOM into $qWOM and experience an enormous 143% APR by staking it on Wombat. πŸ”₯

Their dApp offers a juicy 88% APR by staking qWOM. πŸš€

$QUO Image
15/ Keep in mind that $WOM conversions are irreversible, and there may be certain risks involved. πŸ†˜

When swapping LSD versions on Wom token, losses can occur based on the peg of the LSD tokens.☠️
16/ If you've made it this far, you'll understand why @binance chose @WombatExchange as the go-to liquidity center for $wBETH πŸ”₯

Wombat shines as the liquidity hub for both the $BNB and $ARB chains, thanks to its unique and innovative design. Get ready to witness its power!πŸ’ͺ
17/ Last but not least, if you enjoyed this thread, feel free to follow, like, retweet, and comment to show your support! πŸ™

Which opportunity fascinated you the most? And which protocol should I dive into for my next research? Your input is valuableπŸ‘‡πŸ‘‡

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More from @degen_snow

Jun 21, 2023
1/ Hey there, frens! πŸ‘‹

Are you tired of missing out on opportunities in the crypto space?πŸ₯Ί

Well, not anymore!🀝

In this thread, I'll introduce you to @staderlabs ( $SD ) , the rising star of the LSDFi world, and offer you the opportunity to join in! πŸ’ͺπŸš€πŸ’° Image
2/ If you're not familiar with LSDFi, don't worry, I got you! πŸ’ͺ

Check out this thread that explains LSD-LST topics and then come back here to discover @staderlabs' details! 🧐

3/ In this thread, we'll cover following topics :

βœ…@staderlabs introduction,
βœ…It'sstats,
βœ…LST opportunities on @staderlabs
βœ…Conclusion

Stay tuned! πŸ”₯
Read 17 tweets
Jun 20, 2023
1/ Wassup degens!πŸ‘‹

Have you heard about @Narwhal_Finance ?πŸ‘€

Narwhal is a decentralized perpetual trading platform, emphasizing #Social #Trading on both $BNB Chain and #Arbitrum πŸ”₯

You can trade without KYC, geographical restrictions, or high centralized exchange fees.🀌 Image
@Narwhal_Finance ecosystem includes USDT as collateral and NAR as governance/utility token, making it easy to trade a wide range of leverages and pairs.πŸ“ˆ

Follow and even copy the actions of your favorite traders with social trading, and watch your funds growβœ…
3/
Not enough to get you excited?🧐

Narwhal Finance has secured $1M in seed funding from top-tier investors such as @AnimocaVentures and @HailstoneVC ! πŸ’°

This positions the platform for even greater success in the future.πŸ‘
Read 8 tweets

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