Last time, I introduced the Yei Finance @YeiFinance of the Sei ecosystem, and today I will continue to talk to you about the DeFi money-making opportunity TakaraLend @TakaraLend on Sei
TakaraLend is a lending protocol on Sei, with a TVL of US$142 million, supporting multi-currency lending such as stablecoins and $Sei, and withdrawing as you deposit. Moreover, it supports a variety of BTC assets and is one of the largest BTC-Fi hubs on Sei
Currently, USDT/USDC stablecoin deposits are supported, with USDT deposit APY around 17% and USDC deposit APY around 13%. More skilled DeFi players can also use leveraged revolving strategies to obtain higher annualized returns
In addition, you can earn Karats (aka Takara points) every time you deposit/borrow, and there may be airdrops in the future
>>> entrance:
DeFi is currently one of the most important ecosystems in Sei, bringing together about 90% of the liquidity on the chain, of which Yei Finance @YeiFinance accounting for 51% of TVL
Today, let's take a look at what are the earning opportunities on Yei Finance and how we can participate~
1️⃣ Clovis Pre-Deposit Vault
Fixed deposit (with a certain lock-up period), after depositing funds, you will automatically earn interest + points every day, and the points will be exchanged for $CLO tokens (Yei Finance native token) in the future.
▪️▪️▪️ How to participate?
▫️ Go to Connect Wallet
▫️ Wait for the next round of opening (expected next week), prepare funds on supported chains (Sei, etc.)
▫️ Deposit after opening (sold out in 30 minutes in the last round, there is a high probability that you need to grab it)
▫️ Earn automatically every day + points
2️⃣YeiLend lending
The current yield is about 9.83% APY for USDC deposits and about 1.13% APY for SEI deposits. The advantage is that it is stored and withdrawn, and the liquidity is good.
▪️▪️▪️ How to participate?
▫️ Go to Connect Wallet
▫️ Select "Supply"
▫️ Deposit USDC or SEI and other currencies
▫️ Interest is automatically calculated every day
Note: If you have participated in the YEI ecosystem, remember to connect your wallet to register for $CLO airdrop (mandatory, deadline September 30). Entrance:
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