Tidal Finance
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Tidal Finance

Bi-Weekly Recap — Nov. 14th to Nov. 28th

In the past couple weeks, the GMX coverage pool has been live for deposit. As usual, biweekly report comes again with progress shown in two categories:

  1. Product development.

Marketing and business growth

In the past week, GMX’s coverage pool was set up for deposit. Deposits will start to earn yield with USDC and TIDAL next week.

Reserve is currently earning around 21% APR with 11.8% APR USDC earning and 8.2% APR TIDAL earning. The current activated plans include a total coverage of 0.65 million.

Product development

  • Completed weekly incentives for USDC reserve pool.

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Tidal Finance

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