Lydia’s Recap of the Month of September Achievements!
So it is that time again and they can’t believe that another month has already passed. This was a great month for Lydia Finance and they saw a lot of growth during this time. Their first IFO went so smooth and they are very happy with how well it went. So let’s get into it.
So September started off with us adding the USDT/USDC farm for their users! This farm went live on Sept 2nd.
On Sept 3rd they integrated Polygon into their bridge. So users can now send Polygon tokens over their bridge and receive LYD! If you want to try it out for yourself here is the link https://gate.lydia.finance/#/bridge/polygon and the medium article here https://lydiafinance.medium.com/lyd-gate-2-polygon-to-avalanche-1012d50dd31b
Also they announced their partnership with ANKR! Lydia supports the trading and farming of their AVAX bond token aAVAXb. Check out the medium article https://t.co/y8LTTGelzO?amp=1
On September 5th the farm for aAVAXb/AVAX went live!
On September 6th they announced their first IFO Everest Dao! If you missed out on the IFO check their platform out here https://everestdao.net/
On Sept 12th based on the decision of their community, they lowered the emissions of the LYD token from 8 LYD/sec to 6 LYD/sec!
On Sept 14th they added 2 new farms, PEFI/USDT.e & LYD/PEFI! LYD/PEFI launched with a 10x allocation and PEFI/USDT.e lauched with a 4x allocation!
Also on the 14th we announced our new project Maximus! You can check out the medium article here https://medium.com/@maximusfarm/introducing-maximus-the-yield-farming-optimizer-e829adb58f89 also don’t forget to join the Maximus Telegram group! https://t.me/maximusfarm
On Sept 16th they burned 2,000,000 LYD!
The LYD for the burn came from:
Exchanges fees
Buybacks
Auto LYD treasury
Lottery fees
they now have burned 22M $LYD so far.
That is about 15% of the total LYD in circulation at the time of the burn!
Then on Sept 23rd the Everest Dao IFO went live! 1982 unique accounts committed over 2 Million USD in 4 hours! It was a great success and they are very happy that their community loved it.
Right after the launch of EVRT, the farm for EVRT/AVAX went live on Lydia Finance!
On Sept 25th their DUEL/AVAX pool went live! DUEL is a bridged token of @duel_network, a gaming token on #BSC with a number of impressive features.
On Sept 27th they burned more LYD! This time the LYD was from the EVRT IFO. As you all know the LYD collected from the IFO gets burned upon completion. they burned 1,562,500 LYD!
Also on Sept 27th LYD went live on BitMart Exchange for trading! You can now trade LYD/USDT here https://www.bitmart.com/trade/en?layout=basic&symbol=LYD_USDT
On Sept 28th our DUEL Electrum pool went live, so you can now stake LYD and earn DUEL! This pool will be live for 1 whole month so you are not too late! Check it out https://t.co/qJdAMQfPRa?amp=1
On Sept 29th 2 new farms went live! they added JOE/AVAX with a 6x allocation and SNOB/AVAX with 4x a allocation.
On Sept 30th they announced another Electrum Pool! You can now stake LYD and earn EVRT! This pool will also be going on for a whole month so be sure not to miss out! Check out the Electrum Pools now! https://t.co/qJdAMQfPRa?amp=1
About Lydia Finance
Lydia Finance is an Automated Market Maker, Yield Farming, and Staking platform on Avalanche.
Their rich UI and comprehensive documentation/tutorials allow every level of user to invest in DeFi and maximize their earnings by taking advantage of Avalanche’s lightning-fast infrastructure with very low gas costs.
Trade, stake, pool, and earn $LYD and many other token utilities all on Lydia Finance.
SOURCE
https://lydiafinance.medium.com/lydias-month-of-september-achievements-b01d9c759bc1
