GM Humble Farmers!
The markets may be nuking, but we have some new farms to help cheer you up.
Here are our Humble Farms of the Week.
1. Bracket
Our first farm of the week is Bracket, a platform for enhanced yields on liquid staking and liquid restaking tokens.
Bracket has just launched on mainnet, where you can earn Bars, ETH yields, and LRT points for depositing.
To start earning, simply deposit your choice of liquid staking or liquid restaking token.
There are a variety of points boosters you can earn, and by depositing now, you’re earning a 200% points boost.
2. Elixir
Next up is Elixir, a modular network that aims to power liquidity all across DeFi.
We’ve spoken about Elixir in the past, and they’ve just announced a new 10-week points campaign for the new deUSD stablecoin.
Elixir takes a similar approach to Ethena’s stablecoin, with deUSD being a natively yield-generating stablecoin leveraging stETH, sDAI, and funding rate arbitrage.
Holders can then stake or provide liquidity with the deUSD stablecoin, earning yields and points.
3. Avantis
Our next farm of the week is Avantis, a perpetual exchange on Base that supports RWAs in addition to various tokens.
As you can probably guess, Avantis currently has an ongoing points program for traders, liquidity providers, and referrers.
Depending on your risk tolerance, users can deposit in the Junior or Senior tranche to earn yields on their USDC.
While they’re nearly at full capacity, it’s a lucrative place to park stables while earning XP.
4. Smilee
Next up is Smilee, a volatility trading platform that enables users to long/short the volatility of assets with high leverage.
In addition to their Arbitrum deployment, Smilee has just gone live on the Berachain bArtio testnet.
Smilee has been a recipient of the latest round of ARB incentives, and yields for providing liquidity are currently quite lucrative.
As you can see below, LPs can earn double and even triple-digit yields depending on which pair you choose.
5. Flat Money
Our final farm of the week is Flat Money, a capital-efficient flatcoin backed by rETH.
Flat Money is essentially a decentralized Ethena, where the protocol captures funding and staking yields by hedging on their own perpetual exchange.
By minting UNIT, you earn fees paid from rETH leverage traders on Flat Money’s exchange, which often ranges between 20-30% APY.
On the other hand, traders can access ETH perpetuals at extremely low funding rates all while earning points.
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:
Weekly Premium Content
An Exclusive Community
DeFi Yield Strategies
Degen Farms & New Launches
DeFi Education & Analysis
And Real-Time DeFi Alerts
Humble Farmers Rejoice!