Bi-Weekly Recap — Mar. 21st to Apr.1st

Tidal Finance
Tidal Finance
Published in
Apr 5, 2022

Dear Community,

In the past two weeks, we have launched liquity’s end user purchase portal and perpetual’s coverage pool. As usual, biweekly report comes again with our progress shown in two categories:

  1. Marketing and business growth.
  2. Product development.

Marketing and business growth

In the past two weeks, we have activated liquidity’s end user purchase portal for smart contract insurance, and the end user can get protected at a low price 0.05% a week. In addition, we have also deployed a coverage pool for perpetual protocol, deposit earnings will start next week.

Reserve is currently at 706,558 USDC earning around 68% APR with 26% APR USDC earning and 42% APR TIDAL earning. The current activated plans include a total coverage of 3 million.

Product development

  • Launched Liquity’s end user purchase portal.
  • Deployed perpetual’s coverage pool.
  • Extended staking reward for April.

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Tidal Finance
Tidal Finance

Tidal Finance is the first flexible DeFi insurance platform and marketplace offering the highest APYs in the industry. https://tidal.finance/