Farms of the Week 11/9
Yield opportunities for the Humble Farmers...
GM Humble Farmers!
Do you want to maximize those juicy ARB STIP yields, but don't know where to start?
Here are our Farms of the Week, Arbitrum Edition.
1. Perennial
Our first farm of the week is Perennial, a perpetual exchange leveraging isolated pools for each market.
They've also recently launched V2, which hyper-optimized Perennial to become much faster, cheaper, and more liquid.
ARB incentives have recently gone live for vault depositors, where LPs can currently earn 200% APR for providing liquidity on BTC/ETH.
Perennial is also yet to launch a token, so you're potentially qualifying for an airdrop at the same time.
2. Stella
Our next farm for the week is Stella, an Arbitrum-based leveraged yield farming protocol.
Users can either lend their tokens for double-digit APRs, or farm blue-chip pairs with up to 5-10x leverage.
Stella STIP incentives have recently gone live, and LPs are already earning some extremely high yields.
If you're farming with max leverage, you can earn...
• PENDLE/ETH at up to 1158% APR
• GMX/ETH at up to 711% APR
• ARB/UDSC at up to 750% APR
3. Silo Finance
Next up is Silo, a risk-isolated lending/borrowing market on Ethereum and Arbitrum.
Users can securely lend and borrow long tail assets, while the protocol can completely avoid bad debt due to it's isolated "silo" infrastructure.
Silo has also qualified for an ARB STIP grant, and incentives have started to go live.
Users can currently earn...
• 20-30% APR on USDC
• 40% APR on PENDLE
• 19% APR on rETH
That's not even considering looping...
4. GMX
Our next farm is GMX, the leading perps exchange on Arbitrum.
GMX is the poster child of the Arbitrum ecosystem, and managed to pick up a massive STIP ARB grant which is being used to incentivize liquidity on the V2 pools.
Due to incentives having just gone live, and the GM pools have some extremely lucrative yields to take advantage of.
We're looking at...
• ARB/USDC @ 57% APR
• BTC/USDC @ 26% APR
• LINK/USD @ 52% APR
• SOL/USD @ 56% APR
5. Trader Joe
Our last farm of the week is Trader Joe, a hyper-efficient AMM on Avalanche, Arbitrum, and BNB.
By leveraging the power of the liquidity book, liquidity providers can maximize the efficiency of their tokens.
As you can probably guess, Trader Joe qualified for an ARB STIP grant as well, and yields are sky-high.
Some of our favorite pairs include...
• PENDLE/ETH @ 183% APR
• GMX/ETH @ 179% APR
• ETH/USDC @ 76% APR
• swETH/ETH @ 38% APR
Conclusion
If you enjoyed and want to see more content like this, feel free to check out the Humble Farmer Army premium discord here.
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Humble Farmers Rejoice!