Rari Capital Newsletter: Week #1 2022
Under the hood of Rari Capital this past week.
Welcome to the first Rari Capital Newsletter of 2022! You are in the perfect place to learn about everything that the DAO has been up to this past week.
This is now my opportunity to share with the Rari Capital community and the overall ecosystem everything we have been up to this past week.
Rari Capital Newsletters are designed to inform the community of the latest news, product launches, governance proposals, and more!
If you are interested in learning more about Rari Capital, follow our Twitter and join our Discord.
Give it a read and reach out with any questions! 👏
Summary
- TVL: $1,039,744,795
- New Fuse Pools: ICHI
- Fuse Pools coming soon: Babylon, [Redacted]
- FeiRari launches incentives for two more tokens
- FeiRari merge is complete
Real-Time Dashboard: https://metrics.rari.capital/d/NlUs6DwGk/fuse-overview?orgId=1&refresh=5m
- TVL: $1,039,744,795
- Unclaimed fees (Fuse): $1.75M
- Unused reserves (Fuse): $476,000
- Estimated monthly fees (Fuse): $311,000
- Estimated yearly fees (Fuse): $3.72M
- Staked ALCX: $40,400
- Earned ALCX: $18,800
- USDC Pool APY: 9.1%
- DAI Pool APY: 16.26%
ICHI Pool
This week, Ichi deployed their Fuse pool to provide branded dollar token holders with borrowing opportunities. ICHI has also integrated xICHI which is their staked token that yields rewards.
If you hold any of these tokens, you can now supply them to earn yield and/or borrow assets against your positions.
Fuse Pool: https://app.rari.capital/fuse/pool/136
FeiRari DAO Pool Liquidity Mining
The FeiRari Fuse pool was the first pool that offered incentives. As of Sunday January 9th, rewards are now being given for D3-f and FEI3CRV positions. If you hold any of these tokens, you can now enable them as collateral and deposit into this Fuse pool to earn TRIBE!
Fuse Pool: https://app.rari.capital/fuse/pool/8
Badger Pool
As oft today, Badger DAO has re-enabled borrowing in their pool. Borrowing was disabled for several weeks, but I am now super excited to share that your Badger assets can be fully utilized in this Fuse pool.
Fuse Pool: https://app.rari.capital/fuse/pool/22
FeiRari Merge
The FeiRari merge officially passed right before Christmas, clearing way for the Tribe DAO. The new governance token will be TRIBE and if you are an RGT holder, you can swap your tokens here: https://jointhetribe.xyz/
There are going to be a lot of improvements in regards to product development, governance procedures, liquidity within Fuse, and so much more. I am really excited to share with the whole community once these milestones start to be unfolded.
Fuse Pools Coming Soon
In the coming weeks, expect to see Fuse pools with the following tokens:
- tAssets for all Tokemak reactors
- wxBTRFLY for [Redacted] Cartel
- Babylon
plus many more!
Thanks for reading, and I hope you have a great week!
→ Jack (Twitter: @JackLipstone)
Follow us on Twitter: @RariCapital
Read it first on Medium
Become a Rari community member on Discord
Join the discussion on the Forum
The information provided in this Medium Post pertaining to Rari Capital,
Inc. (“Rari Capital” or the “Company”), its crypto-assets, business assets,
strategy, and operations, is for general informational purposes only and is not
a formal offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction and its content is not prescribed by securities laws. Information contained in this Medium Post should not be relied upon as advice to buy or sell or hold such securities or as an offer to sell such securities. This Medium Post does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. Rari Capital and its agents, advisors, directors, officers, employees and shareholders make no representation or warranties, expressed or implied, as to the accuracy of such information and Rari Capital expressly disclaims any and all liability that may be based on such information or errors or omissions thereof. Rari Capital reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof. The information contained in this Medium Post supersedes any prior Medium Post or conversation concerning the same, similar or related information. Any information, representations or statements not contained herein shall not be relied upon for any purpose. Neither Rari Capital nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this Medium Post by you or any of your representatives or for omissions from the information in this Medium Post. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed in this Medium Post.
