avatar
slappjakke
59,470 Twitter followers
Follow
DeFi, DeFAI and Layer 2 connoisseur Discovering high potential projects, finding the next bluechips NFA - i'm just educating
Posts
avatar
slappjakke
01-29
Thread
Mantle Super Portal powered by LayerZero OFTs now allows you to bridge $MNT to @solana ​ The cross-chain bridge allows you to bridge MNT between Mantle, Ethereum and Solana instantly, securely and seamlessly ​ I'm a big fan of using Layer Zero for bridging tokens as the bridging experience is very fast and there's no need for liquidity pools, slippage, high fees or having to look through multiple different bridges or bridge aggregators to find the best bridge The Mantle Super Portal also allows for bridging Ethena's USDe from EVM chains to Solana ​ superportal.mantle.xyz ​ Simply connect both your EVM wallet and Solana wallet to seamlessly bridge USDe or MNT Bybit also offers full deposit and withdrawal support for MNT on Solana   This opens up new opportunities for defi yield on @byreal_io on Solana on the MNT/USDC pair   Users can supply liquidity with average 35% APR which includes 19% base APR from fees and an additional 16% APR from MNT incentives (based on a range from 0.6 - 1.6 (-30% +80% ).   If you're more into narrower ranges a position from 0.83-0.93 (+-5%) is currently earning 285% APR (this one is for the degen LPs though)   Normally i'd structure CL LPs a bit wider, usually in a +-10-20% range, especially in choppy market conditions   96k MNT tokens are available for MNT-USDC LPs as rewards over the next 3 months.   Byreal is a DEX created by Bybit (on Solana) that enables a CeDeFi flywheel where Bybit Users can trade directly from Bybit Alpha that taps into onchain liquidity in the trade execution directly from their Bybit UTA (Unified Trading Account) with the traditional blockchain complexities abstracted away.   From what we've seen from similar DEX-CEX integrations this usually brings higher volume and more fees for the LPs   Byreal is offering CEX-grade liquidity, high speed and low slippage via a mix of AMM routing, RFQ routing of orders and 3rd party aggregators
MNT
0.45%
loading indicator
Loading..