MG Daily: Yield Farming App Gains Massive Traction Post Launch
😐 The yield farming platform has gained $12M total value locked less than two weeks after launching. — Yield farming platform, APY Finance, has seen immense growth since its launch less than two weeks ago. The protocol allows users to farm yield across multiple liquidity pools, including Uniswap and Curve, while offering some of the highest APY rates in the DeFi space. Within its first week of launching, APY Finance had a total value locked (TVL) of $4 million, which has since tripled to $12 million. This impressive growth can be attributed to the platform’s flexible approach to yield farming and its emphasis on user experience.