FarFi (Farcaster Finance🪙)
@farfi
Do you have idle ETH(or any of its derivatives) or stablecoins sitting in your wallet? Put them to work and passively earn yield or points like a DeFi Wizard! Check the comments for further details~
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FarFi (Farcaster Finance🪙)
@farfi
1. Karak (Current TVL - $775M) - What is it? Restaking protocol that makes it easy for users to earn boosted yield - Strategy 1: Stake USDe to earn 1.5X Karak XP & 20X Ethena Sats like anON (https://debank.com/profile/0x7bfee91193d9df2ac0bfe90191d40f23c773c060) - Strategy 2: Stake xFrax to earn 1.5X Karak XP & FXTL points on top of the native staking yield (~7.6% APY) like bizyugo (https://debank.com/profile/0xbdfa4f4492dd7b7cf211209c4791af8d52bf5c50) *Last Fundraise: $48M in Feb 2024 **Notable Backers: Bain Capital, Lightspeed Ventures, Coinbase Ventures
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FarFi (Farcaster Finance🪙)
@farfi
2. Fuel (Current TVL - $133M) - What is it? Purpose-built operating system for Ethereum rollups - How to participate? Deposit ETH (or any of its derivatives) or stablecoins to earn Fuel points like an0n (https://debank.com/profile/0x7bfee91193d9df2ac0bfe90191d40f23c773c060) or Pandario (https://debank.com/profile/0x5d47e5d242a8f66a6286b0a2353868875f5d6068) *Last Fundraise: $80M in Sep 2022 ** Notable Backers: Bain Capital, Blockchain Capital, The Spartan Group
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FarFi (Farcaster Finance🪙)
@farfi
3. ZeroLend (Current TVL - $197M) - What is it? Multi-chain lending protocol built on L2s - How to Participate? Supply ezETH to earn 2-10x Gravity Points, LXP-L Points(Linea), Turtle Points, 2-6x ezPoints, 1-3x EigenLayer Points and 0.1% APY like Octoshi (https://debank.com/profile/0x5baac7ccda079839c9524b90df81720834fc039f) or Transhumanist (https://debank.com/profile/0xa7888f85bd76deef3bd03d4dbcf57765a49883b3) *Last Fundraise: $3M in Feb 2024 **Notable Backers: Blockchain Founders Fund, GBV, MorningStar Ventures
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