Tidal Finance
Published in

Tidal Finance

Bi-Weekly Recap — Oct. 3rd to Oct.14th

Dear Community,

In the past few weeks, the individual user purchase portal for Compound went live, providing Compound users a safety option while earning yield. In addition, the Synthetix 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, Compound coverage portal was deployed, users can get protected at a low rate of 0.05% on a weekly basis.

Synthetix coverage pool was also set up for deposit, deposits will start to earn yield with USDC and TIDAL next week.

Reserve is currently earning around 27% APR with 9% APR USDC earning and 18% APR TIDAL earning. The current activated plans include a total coverage of 0.4 million.

Product development

  • Completed weekly incentives for USDC reserve pool.
  • Synthetix coverage pool is open for deposit



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