Manta Network CeDeFi product launched, and the TVL has exceeded 10 million dollars in 12 hours
ChainCatcher news, according to official data, the Manta Network CeDeFi product has been online for 12 hours, and the TVL has exceeded $10 million. Currently, the APY for BTC and ETH is 5.6%, while the APY for USDT and USDC is 17.5%.It is reported that the CeDeFi product introduces asset management institution VIP yield strategies on-chain, allowing users to stake BTC, ETH, and stablecoin assets through the Ethereum mainnet, BNB chain, and Manta Pacific, earning institutional CeFi yields and funding rate arbitrage profits. Users can also accumulate points to receive MANTA token rewards. Rewards will be given for participating in the CeDeFi with a TVL of the first $500 million, and those participating for more than 30 and 60 days will receive additional point multipliers.