Manta Network's CeDeFi product has been launched and the TVL has exceeded 10 million US dollars within 12 hours
ChainCatcher news, according to official data, Manta Network's CeDeFi product has exceeded $10 million in TVL within 12 hours of its launch. The current APY for BTC and ETH is 5.6%, while the APY for USDT and USDC is 17.5%.
It is reported that the CeDeFi product introduces VIP yield strategies from asset management institutions onto the blockchain. Users can stake BTC, ETH and stablecoin assets through Ethereum mainnet, BNB chain, or Manta Pacific to earn institutional CeFi returns and capital rate arbitrage income. Users can also accumulate points to receive MANTA token rewards; these rewards are available for the first $500 million TVL participating in CeDeFi. If participation exceeds 30 or 60 days, additional point multipliers will be granted.
Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.
