Avalanche has been incentivizing defi for a while now, growing TVL and mindshare steadily over the past few weeks. I.E., the triangle chain is back. 🚨Best Yields on Avalanche🚨 If I've missed any @avax protocols, please let me know 🙏 🧵👇
5) @avantprotocol Not sure what the heck is going on over there, but TWENTY THREE PERCENT on savUSD is nuts. Avant is a tranche based stablecoin protocol. It has a senior and junior tranche. The junior tranche is similar to RLP in the sense that it takes on any first losses of the protocol, BUT it gets compensated in a wild >40% APR as a result. While this is very spicy yield, my only gripe is that the strategies aren't 100% transparent on chain. I.E., you know what protocols / assets are depositable, but the precise strategy breakdown is somewhat opaque (please correct me if I'm wrong!).
6) Nice little @LiquityProtocol fork @Aesyx_Fi Nothing insane, but a solid 8% APR on Aesyx stability pool or borrowing against sAVAX at ~2% fixed is pretty nice.
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