Knightly Knews Episode 25
July 10- July 16, 2022
Welcome back Knights to another weekly episode of your Knightly Knews!
Hot News
The $GUARD Citadels from the Wolf Den have been renewed for another 2 months for stake $GUARD to earn $BUSD and stake $GUARD to earn $GUARD. Enjoy the rewards by single staking your $GUARD.
The citadels will go live sometime next week as there is a 3 day time lock on the $GUARD contract which is needed to finish whitelisting the contract before it can go live.
Auto Compounders
TVL currently at 15.87 million on the BNB Chain.
TVL currently at 714k on the FTM Chain.
If you’re finally tired of pushing buttons as well and want to join in on some auto compound magic. 👇
https://medium.com/wolf-den/tired-of-pushing-buttons-4d9e64b8cd40
KnightSwap Lending
We are growing with the network usage! Remember as more users deposit collateral and borrow assets this will influence APR/APY numbers.
Currently the limitation that many noticed was the inability to borrow BUSD despite having more than enough collateral and that was because the current cap for BUSD was set at 1.1 million. This limitation is currently being reviewed and hopefully will have a consensus on the best path to take going forward by next week.
Get started here👇
https://lending.knightswap.financial/network
Supporting documents👇
https://medium.com/knight-bsc-dark-knight-ftm/knight-lending-network-abb252474cf
How to supply and borrow👇
https://medium.com/knight-bsc-dark-knight-ftm/knight-lending-network-c57010d8152
Returning Partners In The Alliance
We love continuing to build up our ecosystem with our amazing partners!
$WOLFIES from Wolf Den
Here is the walkthrough on how to get started farming with $WOLFIES
https://medium.com/wolf-den/how-to-farm-wolfies-on-knightswap-ffdf3a116be7
Expired Partners In The Alliance
Sometimes we have to say farewell for now
$FTMO on Dark Knight
Remove your LP from EXPIRED farms https://dark.knightswap.financial/farms/history
LP removal guide
https://knights.gitbook.io/darkknight/step-by-step-guides/removing-liquidity
$KRONOS on Knight
Remove your LP from EXPIRED farms https://app.knightswap.financial/farms/history
LP removal guide https://knights.gitbook.io/darkknight/step-by-step-guides/removing-liquidity
DISCLAIMER: These articles are for educational purposes only. Nothing in this article should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial adviser before making any financial decisions. Investing in general and options trading especially is risky and has the potential for one to lose most or all of their initial investment