Farms of the Week 10/26

and

Oct 26, 2023

GM Humble Farmers!

With volatility back after months of stagnation, there are finally some attractive yields to be farming...

Here are our Humble Farms of the Week.

Our next farm is Timeswap, the Uniswap of lending and borrowing.

Timeswap leverages time-based isolated liquidity pools to allow for a zero-liquidation, oracle-free, and completely decentralized money market.

Timeswap's Premine Program has recently gone live, and LPs can currently earn 47%+ APR on ARB/USDC.

Timeswap was also approved for an Arbitrum STIP airdrop, which will make these yields even juicier...

Next up is Flooring Protocol, an NFT-Fi protocol for trading and providing liquidity for ERC-721s.

This is made possible through µTokens, which are collection-specific tokens that are generated by fragmenting your NFTs.

If you own any of the supported NFT collections, you can provide liquidity for some extremely lucrative yields, such as...

• μBAYC @ 205% APY

• μPPG @ 300% APY

• μY00t @ 500% APR

Within just a week, TVL has reached $20M+ with over $50M in trading volume.

Next up is Gravita, an ETH-centric borrowing protocol for liquid staking tokens.

Users can deposit rETH, wstETH, swETH, and other LSTs in order to mint Gravita's native stablecoin, GRAI.

Users can earn points by completing actions on Gravita, and it seems likely that these points will be redeemable for an airdrop in the future.

While earning points, LPs can earn some pretty attractive yields including...

• 91% APY on GRAI/WETH

• 50% APY on GRAI/swETH

Our next farm for this week is Sommelier Finance, a real-yield-focused aggregator and optimizer.

We've talked about Sommelier extensively in the past, and yields are still extremely lucrative with plenty of token incentives for depositors.

Sommelier recently announced a 3-month incentive program for the GHO real yield vault, where depositors can earn additional GHO and SOMM rewards.

This vault is currently yielding a 25% APY, and there are plenty of other vaults to check out.

Last up for this week is Arrakis Finance, an advanced liquidity management protocol built on Uniswap.

By leveraging their advanced and battle-tested algorithms, Arrakis can take advantage of some of the highest risk-adjusted yields in DeFi.

We spoke about Arrakis last week, and yields in their LST vaults are still sky-high.

LPs can still earn a 30-50% APR on wstETH/USDC, and Arrakis is still yet to release a token.

Who knows, maybe vault LPs will qualify for an airdrop at some point...

Conclusion

If you enjoyed and want to see more content like this, feel free to check out the Humble Farmer Army premium discord here.

You’ll get access to:

Humble Farmers Rejoice!