AC's Solidly War, Retail's APR Feas

Time:2022-03-03 Source: 3647 views DeFi Copy share

This past weekend, the Fantom chain can only be described in one word – waterlogged. In order to rush to Brother AC's new project Solidly, the transaction volume of the Fantom chain soared over the weekend, causing serious network congestion. What's even more crazy is that in just a few days, the TVL of Fantom's ecology has risen by more than 40%, reaching $13 billion at one point, becoming the fourth-ranked public chain in TVL.

If you don’t know much about Solidly, you can first read what is the ve(3,3) that AC desperately promotes by Rhythm? " and "How hot is the new AC project? Details in Vampire War that detonated Fantom overnight.

At the beginning of January this year, in order to compete for Solidly's TVL airdrop snapshot, various protocols of the Fantom ecosystem fought and launched a fierce "Vampire War". Finally, according to the TVL ranking, Brother AC completed the airdrop snapshot at the end of January. The following is the agreement that will receive the airdrop and the number of tokens obtained:

DeFi

While how these airdrops are handled is entirely up to the protocol, just like Curve, the more SOLID you have, the more voting power the incentive pool has, so fighting for SOLID is again a core goal of each protocol. In other words, every protocol wants to be the new Convex on Fantom, the controller of Solidly's voice. In order to win this "Solidly War", some agreements to keep warm, while others insist on fighting alone.

However, the snipe and clam competed, the fisherman profited, and the "Solidly War" between the agreements became an APR feast for users. Therefore, this article also sorts out the current situation of the agreement, as well as some alternative income schemes:

Solidly
Users can consider providing liquidity directly on Solidly and receive SOLID in return. Solidly already has several fairly "money-worthy" mining pools and whitelisted them. If users want to get the highest income, they can pay attention to these mining pools with higher votes. After all, the more votes you have, the more SOLID emissions you get. This should be the most direct and easiest way to get SOLID.

DeFi

First go to Solidly.exchange, exchange the Token you want to deposit in the "Swap" interface, then go to the "Liquidity" interface and click "Add Liquidity", if the trading pair you deposit is 1:1 linked, select "Stable" " (no risk of impermanent loss), if not linked, select "Volatile" (risk of impermanent loss).

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