Tidal Finance
Published in

Tidal Finance

Bi-Weekly Recap — Oct. 17th to Oct. 28th

In the past few weeks, the individual user purchase portal for Synthetix went live, providing Synthetix users a safety option while earning yield. As usual, biweekly report comes again with progress shown in two categories:

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

Marketing and business growth

In the past week, Synthetix coverage portal was deployed, users can get protected at a low rate of 0.05% on a weekly basis.

In addition, the TIDAL staking pool reward was extended for November.

Reserve is currently earning around 28% APR with 10% APR USDC earning and 18% APR TIDAL earning. The current activated plans include a total coverage of 0.45 million.

Product development

  • Deployed Synthetix’s user coverage portal
  • Completed weekly incentives for USDC reserve pool.
  • Staking reward extended for November.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Tidal Finance

Tidal Finance

1.8K Followers

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