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Cryptocurrency News

Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche

05/06/2022

Less than a minute

2022.05.06 02:17

The battle to attract stablecoin liquidity has been a trending theme across the cryptocurrency landscape for the past year, especially as decentralized finance users have come to realize the hefty APY that can be earned on dollar-peg assets.

While Curve Finance remains the undisputed leader in interest bearing stablecoin liquidity pools, several new entrants have begun to climb the ranks, including Vector Finance (VTX), a protocol that enables Avalanche network users to generate boosted yields on their stablecoin positions.

Source

05/06/2022

Less than a minute