Juice Finance and Munchables Vault Hits 5000E Cap, Aiming for 20-25% TVL

Juice Finance, in collaboration with Munchables, has launched a new levered vault, attracting significant attention and capital within the cryptocurrency community. Users can deposit wrapped Ethereum (wETH) as collateral on Juice Finance, leverage up to 3x, and then deposit into the Munchables vault to earn rewards from multiple sources, including Munchables, Juice, and Blast. In less than 12 hours, Juice Finance reported over 800 deposits, amassing 800 levered ETH and reaching a 5000E cap, which will contribute to building a whale account on Munchables, potentially accounting for 20-25% of the total value locked on the platform. Additionally, another 1000 ETH was deposited, further showcasing the vault's popularity. Juice Finance aims to dominate the Munch leaderboard within seven days, marking the beginning of their 'schnibbling journey'. This initiative is part of a broader trend of leveraging cryptocurrency and DeFi protocols to maximize returns through innovative financial products. Users interested in joining can use the code "moonct".