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The SumerMoney Points Program officially launched on July 18, 2024, allowing users to start earning points through various activities such as deposits, providing liquidity for synthetic assets, referrals, and minting NFTs. Participants can earn one Meter Point for every $10 total value locked (TVL) daily on Meter. The program includes an early bird bonus of a 2X multiplier for the first participants. Users can maximize their rewards by depositing assets like $rsETH and $PT-rsETH, which are now live on the platform. Additionally, the program has integrated with various decentralized exchanges (DEXs) to enhance liquidity options. The initiative aims to improve user experience in decentralized finance (DeFi) by offering more capital-efficient borrowing strategies and synthetic asset opportunities.
🏆 We just integrated @ethena_labs assets + our Points Program is NOW LIVE! 💰 Maximize your yields: 1⃣ Use $USDe, $sUSDe, PT-sUSDe on #Ethereum 2⃣ Borrow correlated and uncorrelated assets with competitive LTVs 3⃣ Create money multipliers with @SumerMoney's synthetic assets 🔥… https://t.co/p44FbOnAEj
We shipped new pairs on @compoundfinance, including popular LSTs and LRTs! 👇 Let’s start with the most requested one: 1️⃣ ezETH/ETH on mainnet → accrues 2x @RenzoProtocol points, 1x EL points and $COMP rewards → max leverage: 5x → current ROE: 8.7% https://t.co/Wk46OMd6zC
Another @yearnfi ARB summer incentives update🚀 🔵 weETH, rsETH, ezETH: 6400 ARB/wk each w/ yearn and @pendle_fi rewards 🔵 @ethena_labs USDe: 3400 ARB/wk 🔵 USDC-2: 5400 ARB/wk, now w/ higher base yield from @SiloFinance lending strategy with more to come, all summer long ☀️ https://t.co/WwNuP9NzRP