Just minted my AURA onchain @auramaxdotfun! 🎉✨
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If you haven't learned DeFi yet, then you're way behind the whales. The SOL/USD1 pair on Raydium is looking great right now. Raydium is actively gaining momentum after the integration of the USD1 stablecoin and the SOL/USD1 pair shows excellent profitability for liquidity providers. Why it's interesting: The high % APY for the SOL/USD1 pool is due to the growing demand for SOL and the influx of liquidity in USD1. Transactions are instant and with low fees. @solana remains one of the fastest networks. Working through Raydium AMM, where liquidity is combined with OpenBook orderbooks, where there is less slippage and volumes are higher. Why is the yield high? Commissions from the growing turnover of the pair + concentrated liquidity in V3 increase the efficiency of capital.
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Say hello to Rhonda the Rabbit, my new pet from the /farverse by @mfbevan.eth Hello
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