Charm LST is live on @0xPolygon!
It's the first market maker for sPOL, distributing >97% of market making fees to depositors as extra yield on top of staking rewards.
💰 Earn real yield on sPOL, Polygon's native LST.
👇 More info:
Killer defi use case - DEX trading fees income overcoming currency depreciation to give 4x T Bill rate, for everyone with an internet connection @0xPolygon.
👉 See it at app.charm.fi/polygon/vaults…
Happy to see @CharmFinance ‘s vaults working as intended AND helping to produce net +ve APY that looks to be about 4x the T Bill rate while arguably taking significantly less risk than other financial products of the same yield
FX on-chain can scale this way on @0xPolygon with
If you put JPYC and USDC in Charm you would have GAINED 16.55% in 9 months, but would have lost -2.29% (vs USD) if you did not.
💹Charm's stablecoin yield easily overcoming currency depreciation.
👉 Check it out at app.charm.fi/polygon/vault/…
cc @0xPolygon@jpyc_official
Here is what it means when a stablecoin vault is doing well - 30d net yields now at 17%, and 283d yield at 24.2%, AFTER all IL and management fees.
Pure DEX trading fee capture, no incentives, only on @0xPolygon.
👉 Check it out at: app.charm.fi/polygon/vault/…
Charm.fi & @katana generates sustainable yields on DEXes. Here's how:
Charm creates deep DEX liquidity -> more swap volume & fees -> fees used to direct KAT to Charm vaults via the vKAT armoury -> higher yields for all.
🤝 The perfect app x chain partnership.
One app. Discover what's being built.
Builders like @CharmFinance continue to expand what's available on Katana.
Explore the Earn page to find new opportunities from across the ecosystem.
link.katana.network/FY12sH