Sirwin
Sirwin

PoolTogether x Velodrome - LP With Triple Digits APR

By PVM | Mind Puzzle | 17 Apr 2024


My DeFi mentality is to always look for the best narrative and for that new project that will bring benefits to the whole crypto ecosystem. Sometimes that "next big thing" is just an old thing that was made better! PoolTogether keeps upgrading, with a focus on user satisfaction.  

With V5,  PoolTogether shifted the protocol into permissionless prize-savings hyperstructure. The upgrade made it accessible to anyone and gave the protocol the power to run indefinitely, without the need for human intervention. The no loss prize savings protocol that allows the poolers to win big upgraded for an even better user experience!

dae6e2144363230e8fb4c4da7d7be2f882ea8ee590e850632cae54f36f4dec8e.jpg

PoolTogether V5 is fully decentralized, with no governance controls, no voting, no multi-sigs, no permissioned roles. The V5 deployment removes manual protocol governance and replaces it with automation powered by a series of incentivized auctions.

No hidden fees, no locked period and the possibility to withdraw your assets in full at any time! On top of that... the V5 prizes are distributed in the pooler's wallet and the cross-chain swaps via Jumper made deposits even smoother! How to make it even better? By joining the 2024 Aquabike Race! 

Swap your swimsuits for a bike journey on Velodrome! The $POOL - $WETH liquidity pair offers up to triple digit APRs for liquidity providers and voters! This insane APYR rate made my ... dive into the POOL! It started small, adding the $POOL I had in my wallet and paired the amount with $wETH. 

691d7148433c41b906863edc78da8f858a12096d1e7b2863cf0ac418fccf7b3b.png

It went bigger, as I won more and more prizes on PoolTogether! It started as a single drop... and it become a tidal wave! Man... it's been over a year since I used this catchphrase! Who remembers... will remember! 

The Emissions APR stayed above 100% for weeks, and sometimes even better than that. The amount of $VELO farmed was beyond expectations, and the $VELO price pump made the rewards outstanding. Smells Like DeFi Summer...  Feels like DeFi Summer... 

7b41f917a266fff96fa75a5bf57dcb8cf3f70c3ff28efaa5d937ca9be15ec22d.jpg

Residual Income:

Play2Earn: Upland / Splinterlands / Doctor Who

Cashback Cards: Plutus Card / Crypto.com 

Fountains: PipeFlare / GlobalHive ZCash 

Creators bundle: Publish0xHive & Presearch

PVMihalache The Author - My Amazon Books

GrillApp - New Write2Earn Dapp

Claim Your Mode Network Points

15d56866fb854aa60572c48a597d601d66a8e1ca7e3869bd7f961a69e9d08c31.jpg

How do you rate this article?

91


PVM
PVM Verified Member

UMA Ambassador 🐔 Across Committee Member 🌉 Horizen Ambassador


Mind Puzzle
Mind Puzzle

Think! ... it's still free! An amalgam of cryptocurrency, science, arts, news and other manifestations of human intellectual will be published on this blog. Sometimes I will add my personal opinions or midnight revelations

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.