Wonderland is on its way to building healthy associations in DeFi

At present, Wonderland is actively engaged in creating a reliable and agreeable long-time association with DeFi. It all started with their utilization of Kyberswap as an alternative to DEX hosting to deliver mining-related incentives for liquidity. Currently, however, they have decided to select UwU Lend as their preference for money market protocol. 

Where UwU Lend is concerned, it is predictably going to be leading in DeFi stable yields. This is because the bLUSD vault permits the support to triple-digit APRs, adding to the present worthy LP revenue sharing model, which has a 100% in favor of stakers. In the offing, there are some more vaults that Wonderland can seemingly benefit from. 

Meanwhile, the UwU tokens can be piled onto the Uwu-ETH LP and therefore staked for the figure of 90% APR, which is proper revenue sharing, not more UwU tokens. It so happens that the major amount of APR is payable in the form of stables. To maintain its image of being a stand-by associate, UwU Lend is into the permitting of wMEMO, which can be duly utilized and looked upon as collateral. The investors, in this very case, will find themselves in the position of using it to free up capital and, in the same breath, have control over their wMEMO. 

Where Wonderland is concerned, even if they need to place their stables in order to be able to earn some APR, together with emissions, for the sake of lessening their overall costings, they find themselves in a lucrative position as they make use of Uwu Lend as their prime and dependable partner protocol. This will, in turn, lead them on the path they had chalked out for themselves. That would be in the re-building of the protocol according to their initial vision, and that is for all investors to be able to stake, while a concentrated team produces value for all holders.  

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 65,238.48
ethereum
Ethereum (ETH) $ 3,567.24
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 600.48
solana
Solana (SOL) $ 133.75
xrp
XRP (XRP) $ 0.494712
dogecoin
Dogecoin (DOGE) $ 0.123072
cardano
Cardano (ADA) $ 0.389976