cbBTC is onchain.
cbBTC is an ERC20 token that is backed 1:1 by Bitcoin (BTC) held by Coinbase.
This means millions of BTC holders can now securely access DeFi apps on @base and Ethereum ecosystems—with more chains coming soon.
Here’s what you need to know ↓
Mellow ALM is expanding on @VelodromeFi with new pools.
Let's dive into the details of our latest launch and explore how Mellow ALM is revolutionizing liquidity management on Velodrome! 🚴
Mellow ALM is now upgraded to v2 on @AerodromeFi and is fully live, making your experience easier with automatically adjusted strategies based on market conditions.
Sit back and enjoy the new ALM V2 improving liquidity management and enhancing security without your interaction😎
Mellow ALM v2 is live on @VelodromeFi, bringing optimized liquidity management with enhanced security and streamlined rewards.
Enjoy automatically adjusted strategies powered by dynamic parameters, which provide better profits for stablecoin and LST pairs.
Mellow ALM will be integrated natively into Velodrome interface! At first, the top pairs by volume will be supported, and can scale further from there.
💡 What is it about? Mellow ALM is a permissionless system for managing concentrated liquidity. Thanks to the integration, Velodrome users will be able to supercharge their positions - while deepening the liquidity and efficiency of both AMMs.
Mellow ALM in figures 👀
Mellow ALM helps users to keep their positions in the active range and increase VELO rewards from Slipstream pools. Check it now on the @VelodromeFi website:
ALM TVL Growth 🚴♂️
Since our launch last week, in collaboration with @mellowalm, the Automated Liquidity Management for Slipstream pools has accumulated ~$240k.
ALM uses an optimal tick range that maximizes VELO rewards for LPs. Deposit now on Velodrome.
Ever wondered how to stay in the active tick even while you sleep? 😴
Get insights on:
- Automated rebalancing strategies
- Seamless deposit and withdrawal processes
Check out the full article at: open.substack.com/pub/mellowprot…