Astar Network Announce The Launch Of Galaxia Finance
Astar Network announce the launch of Galaxia Finance. Galaxia Finance allows users to earn compound interest on their deposited assets. It automatically provides you with the optimal strategy.
Galaxia Finance is an Astar-native yield aggregator protocol that aims to solve this issue for you. The users deposit their assets to the vaults, and the protocol borrows those assets to execute the highest APY earning strategy with minimal risk of loss. The generated yields are compounded to the vaults and returned to the users.
Launching in the middle of May
Galaxia Finance will be officially launched in the middle of May. We aim to be the best yield aggregator protocol on Astar Network. We will constantly update new information and host exciting events until launching. Stay tuned!
Joining DeCartel!
As recently announced, DeCartel is a new type of alliance with its members being ArthSwap, Starlay Finance, Kagla Finance, and Muuu Finance. They will join DeCartel as a new protocol, taking the role of yield aggregator. DeCartel officially forms a tight bond among these protocols and together they will contribute to the betterment of Astar Network and provide a much better crypto experience to all users.
About Astar
Astar Network is the #1 TVL Smart Contract Hub for WASM + EVM on Polkadot. Since winning its Parachain auction in January 2022, Astar Network has become the top Parachain in the Polkadot ecosystem in Total Value Locked and most Ethereum assets transferred over. Astar Network is the leading smart contract hub that connects the Polkadot ecosystem to Ethereum, Cosmos, and all major layer 1 blockchains. Astar Network supports dApps using multiple virtual machines — namely WASM and EVM — and offers the best technology solutions and financial incentives via its Build2Earn and Astar Incubation Program for Web3 developers to build on top of a secure, scalable, and interoperable blockchain.
➡️Source:
https://medium.com/@GalaxiaFinance/galaxia-astar-native-yield-aggregator-protocol-93f71cba459d
