gSonic! Want to earn 108X sonic points. 13.5X Silo points | Marvellous DeFi on Binance Square

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gSonic! 
Want to earn 108X sonic points. 13.5X Silo points & 18X rings points?
Simply buy wstkscUSD via pendle and deposit on stability.
gSonic!

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SONICUSDT

Perp

0.1858

-4.27%

PENDLE

3.188

-9.01%

USDC

0.9997

-0.01%

645

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A quick look at $SEI performance -> Perp dexs on $SEI grows by 13.3% from last 7Days. -> Stablecoins slightly grow by 1% (mostly USDC) -> TVL surges by 95% from early Q1. -> Generated $217k+ in fees in the last 24hrs. Approx 80% of the fees comes from @YeiFinance. Fyi, Canary Capital has registered a staked $SEI ETF in Delaware which is an even bullish move for the ecosystem.

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$SEI Market Insight From Mar 23 to Apr 23: Price: $0.19 → $0.18 (-5.26%) Open Interest: $94.12M → $111.40M (+18.36%) Price down + OI up = bearish positioning Traders are stacking short bets. Momentum favors the bears (for now). #Crypto #SEI #DeFi #OpenInterest #Trading

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An example of a BTC DeFi play? Let's start with @Lombard_Finance, the leading BTC LST. 🧵: This is your guide + Yield farming strategies. i/ New to Lombard Finance? @Lombard_Finance expands BTC utility and brings DeFi. Meaning we can now LP and loop with BTC. Here, they build their flagship product LBTC, which is a liquid staked token (LST) ontop of @babylonlabs_io(the biggest restaking protocol on Bitcoin. ii/ Yields on Lombard First phase —> let's get some LBTC -> Visit:https://www.lombard.finance/app/?referrer=tce0g9 -> Swap between assets like, USDT or ETH to LBTC Second phase, let's put LBTC to work.↓ iii/ What to do? -> LP LBTC or eBTC via Bitcoin Sonic vault to earn 4X $S points, 4X Lombard points, 3X Veda points and 1X Babylon points. iv/ -> LP LBTC, WBTC or cbBTC via Lombard DeFi vault to earn 4X Lombard points, 1X babylon points and 3X Veda points. v/ -> Buy YT LBTC via @pendle_fi for upto 212X leverage, here you earn 3X Lombard points multiplier + 1X Babylon multiplier. vi/ -> Deposit LiquidBTC via @hourglasshq for leverage exposure upto 5X boosted. This will earn you 5X Etherfi points, 2X Lombard points, 5X Hourglass points,1X symbiotic points, 2X karak xp and 3X Veda points. You can get LiquidBTC when you deposit LBTC on @ether_fi. vii/ Additionally, @Lombard_Finance has launched the LBTC SDK, which will make it easy for wallets, exchanges, and staking platforms to integrate liquid Bitcoin staking. Curtains drawn! Have fun farming Armigos. :)

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When an ecosystem with assets worth $400M+ adopts a narrative, you pay attention. First off, DeSci alignment with @SeiNetwork centers primarily on two things: -> Infrastructure capability of Sei -> Strategic initiatives that address key bottlenecks in scientific research and health data management In context, migrating 23andMe’s genetic database to Sei creates a foundational layer for privacy-preserving research, aligning with DeSci’s goal of democratizing access. Don't forget also that, Sei’s Giga roadmap targets 5 gigagas per second throughput, matching NASDAQ-level transaction speeds. Perhaps this will support real-time data sharing and complex computations required for drug discovery and clinical trials. I look forward to seeing more DeSci moves from the team $SEI

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On-chain Thursday 34.0

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