Bi-Weekly Recap — Apr. 4th to Apr.15th
Published in
Apr 20, 2022
Dear Community,
In the past two weeks, we have launched Saddle Finance’s coverage pool and increased the earnings of the USDC reserve pool. As usual, biweekly report comes again with our progress shown in two categories:
- Marketing and business growth.
- Product development.
Marketing and business growth
In the past two weeks, we have launched Saddle Finance’s coverage pool, depositors will be rewarded by the end of this week, and the user purchase portal will be launched next week. In addition, we have extended the coverage period with StaFi protocol.
Reserve is currently earning around 63% APR with 31% APR USDC earning and 32% APR TIDAL earning. The current activated plans include a total coverage of 3.3 million.
Product development
- Deployed Saddle Finance’s coverage pool.
- Extend the coverage period with StaFi protocol.
- Launched perpetual protocol’s user purchase portal.
