PowerPool x NEAR Protocol Collaboration

PowerPool and NEAR Protocol announced collaboration to deliver advanced structured investment/asset management solutions for the fast-growing DeFi sector rapidly developing on Near.

Diversified, high-yield DeFi pools/indexes like those managed by PowerPool bring new investors and persistent liquidity to fuel the growth of DeFi on NEAR.

The planned NEAR pooled investment token, tentatively titled ‘$NEARDEFI’, will be another in the series of similar diversified, actively-managed PowerPool DeFi-themed investment tokens following on from $BSCDEFI, recently launched on Binance Smart Chain. PowerPool’s pooled DeFi investment tokens will make it simple for new users to achieve exposure to NEAR DeFi growth with a single, one-click token, offering auto-harvested rewards.

Powerpool will run smart contracts on NEAR using Aurora, NEAR’s EVM execution environment.

About PowerPool

PowerPool is a multi-chain DAO manager of non-custodial, structured, thematic investment products. These products are rewards-rich, gas-efficient, targeting various L1 and L2 chains, offering average investors easy-to-use hedging options. PowerPool operates an advanced asset management platform using an affiliated network of Power Agent contracts that can automate any on-chain activity.

About NEAR

NEAR is a decentralized application platform built to bridge the users of today’s Internet to the blockchain-based web of the future. NEAR is a PoS layer 1 blockchain platform, built with UX and DevX in mind. NEAR’s novel sharding mechanism, Nightshade, parallelizes computation on chain and automatically increases capacity when needed, resulting in theoretically infinite scalability.



PowerPool x NEAR Protocol Collaboration

Beefy Finance New Vaults From Beethoven Fantom

Beefy Finance New Vaults From Beethoven Fantom. Users can now Deposit their following LPs to earn rewards. Fantom Of The Opera https://app.beefy.finance/#/fantom/vault/beets-fantom-of-opera wFTM-USDC LP The Grand Orchestra https://app.beefy.finance/#/fantom/vault/beets-grand-orchestra wFTM /…

Today Alpha Finance Lab has deployed Alpha Homora V2 on Avalanche, DeFi’s first leveraged yield farming product. Since launching Alpha Homora in October 2020, the product has reached significant user…

BTC Dominance: 46.28%
ETH Dominance: 18.83%
Defi Market Cap: $135.49B
ETH Market Cap: $480.96B
Defi to ETH Ratio: 28.17%
Defi Dominance: 5.09%
Total Market Cap: $2550.73B
Altcoin Market Cap: $1370.32B
Total Trading Volume 24h: $129.6B
Altcoin Volume 24h: $82.63B
Total Cryptocurrencies: 12967
Active Cryptocurrencies: 6703
Active Market Pairs: 47484
Active Exchanges: 419
Total Exchanges: 1503
Share via
Copy link