Dear Overnighters.
19 Dec 2023, 12:13
Dear Overnighters!
We have moved a significant part of the OVN liquidity from Velodrome to Aerodrome, and deposited it into Beefy.
🔥As a result, the total TVL of $OVN/#USDPlus pool on Aerodrome has exceeded 1M USD!
Same news in other sources
119 Dec 2023, 12:13
The move has been done to benefit from significantly higher yields on Aero/Base vs elsewhere.
We expect the Beefy deposit at higher yields (>1K% APY vs <100% APY) should result in increased buying pressure and extra revenue for the protocol
Enjoy!
The move has been done to benefit from significantly higher yields on Aero/Base vs elsewhere.
The move has been done to benefit from significantly higher yields on Aero/Base vs elsewhere.
We expect the Beefy deposit at higher yields (>1K% APY vs <100% APY) should result in increased buying pressure and extra revenue for the protocol
Enjoy!