Thread by @degen_snow

Liquid staking has been one of the best performing sectors in the crypto space🔥

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

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:
👇👇

https://twitter.com/degen_snow/status/1658525568965410833?s=20

$SD $Qi $BNB $AVAX

3/ So, what exactly is @WombatExchange ?

It's a Multichain StableSwap protocol powered by $BNB and #Arbitrum. 🔥

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

Now, let's dive into the LSD opportunities on Wombat👇
$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!🚀

$ETH $WOM

5/ Holders of $wBETH can take it a step further and provide liquidity on Wombat, scoring an additional 8.5% APR. 🔥

To incentivize $veWOM holders, @binance has allocated $2.5k in bribe rewards for voting on the $wBETH pool. These rewards are exclusive to @WombatExchange ✅

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! 🔥

$FXS $WOM $Eth

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 ✅

But hold your horses!

Liquidity providers of the $BNBx pool on Wombat can enjoy an extra 14% APR on top of that🔥

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. 👏

But the excitement doesn't stop there! 🤯

By staking $stkBNB on Wombat, you can snag an additional 12.47% APR!🔥

9/ Here comes Opportunity 5✅

Brought to you by @ankr, a true giant in the LSD arena. 💪

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! 🔥

10/ Ready for Opportunity 6👇

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

But hold on tight, as $BNBy offers one of the most alluring APRs on @WombatExchange, nearly reaching 33% on top of the base APR!🔥

11/ Now, let's talk about @WombatExchange's fantastic ecosystem, complete with its own yield boosters.⚙️

Brace yourself for a unique twist! ✅

They have LSD versions of $WOM tokens, all of them offering captivating rewards. 🔥

Let's explore $mWOM, $wmxWOM, and $qWOM! 👇👇

12/ Get ready for Opportunity 7: 🔥

@magpiexyz_io a formidable yield booster on @WombatExchange ✅

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.🔥
$MGP

13/ Opportunity 8 is calling! 🤯

@WombexFinance home to the largest $veWOM treasury✅

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

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

$WMX

14/ And last but not least, Opportunity 9🔥

@QuollFinance a captivating yield booster built on top of @WombatExchange 👌

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

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

$QUO

15/ Keep in mind that $WOM conversions are irreversible, and there may be certain risks involved. 🆘

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 🔥

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!💪

17/ Last but not least, if you enjoyed this thread, feel free to follow, like, retweet, and comment to show your support! 🙏

Which opportunity fascinated you the most? And which protocol should I dive into for my next research? Your input is valuable👇👇

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