Manta Network CeDeFi product launched 12 hours ago, TVL exceeded 10 million US dollars

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Cointime2024/05/20 03:46

By:Cointime

According to official data, Manta Network's CeDeFi product has surpassed $10 million TVL within 12 hours of launch. Current BTC, ETH APY is 5.6%, and USDT, USDC APY is 17.5%. It is reported that the CeDeFi product introduces asset management firm VIP's yield strategy to the chain, and users can earn institutional CeFi yield and funding rate arbitrage yield by pledging BTC, ETH, and stablecoin assets on Ethereum mainnet, BNB chain, and Manta Pacific. Users can also accumulate points to receive MANTA token rewards, only rewarding the first $500 million TVL participating in CeDeFi, and doubling points for participation exceeding 30 and 60 days.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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