Channels Monthly Report-Dec
As we are all excited and counting days to the New Year 2022, the Channels Team are still working hard to deliver, there are lots of progresses we want to share with you.
Channels in December:
- Burned all Old Can Tokens.
- Maintained the lowest USDT borrowing rate on Heco.
- TVL reached more than $300 million, Top 2 TVL on Heco.
- Top TVL gainer in BSC.
- New Staking Pool with $Nabox: Stake CAN/BUSD LP to earn $Nabox.
- Channels V2
- BSC News released an article on Channels V2.
- Suspension of deposits and lending of bETH on Heco.
- Integrated with Solo.Top, a leading single-asset mining aggregator on Bsc, OEC, Heco, and Polygon.
- Integrated Chainlink price feeds to access high-quality oracles for pricing on-chain indices.
- Formed partnership with AMA promotion team CryptoMiners to work on community development.
- Participate in SocialFi Project Metatime, a high-quality content community.
- Celebrated first Metaverse Christmas with SecondLive and Binance Smart Chain.
- Cooperated with GreenlandNFTs in Airdrop and AMA.
- Joint Airdrops Celebrating Channels V2 with Kalata, PolyNetwork, Celestial, and TreasureLand.
- Partnered up with cross-chain exchange iSwap.
- AMAs: DNFT Protocol, Nabox, Coinhub, Chainlink, TokenPokect,
Channels in 2022:
Let us embrace the coming new year with the launch of Channels V2!
We have announced the deployment of V2 contracts, it will go live in the first week of 2022! The upgrade seeks to put as much capital as possible to work for investors.
The main driver for the development of Channels V2 is to improve capital efficiency, by adopting leveraged lending, leveraged trading, and implementation of Lending Liquidity Yield Aggregation (LLYA) strategy.
Innovation in DeFi is endless, but there is always a proposition that cannot be circumvented: how to use funds more efficiently. The launch of V2 seeks to make Channels a highly desirable DeFi platform for borrowers. While the protocol itself captures more value, it also injects new vitality into the entire DeFi ecosystem.
Channels V2 is the Ultimate Yield-Lending experience for you!
For more information about Channels V2, please read :
The best way to get involved with Channels is to join in!
🌐 Website: https://bsc.channels.finance
✈️ Telegram：https://t.me/ChannelsEN
🐤 Twitter：https://twitter.com/ChannelsFinance
