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Fenix
@FenixFinance
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The Trading and Liquidity Marketplace for @Blast | Audited by @hatsfinance & @code4rena | Discord: https://t.co/r2GnXjubOy
Blast
Joined September 2021
[THE FENIX LAUNCH] Itβs time to unleash the most powerful DEX system in DeFi on @blast. The MetaDEX.
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RT @Satsyxbt: thoughts on Blast App & Vision since 2022, DeFi's TVL has stagnated around ~$100B. the future of crypto isn't about incremβ¦
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[EPOCH 12] - RECAP CLAMM Performance Update: Dynamic Fees were rolled out across the board for core pools like USDB/WETH & BLAST/WETH. Despite a reduction in volume from last week of around 70%, fees only reduced by 35%. This shows that dynamic fees are working to capture more fees for veFNX voters, and will benefit the DEX to capture maximum value over time. Mobile Rollout: Fenix will go live on the @blast app this month. We're excited to start this journey will the chain to provide a best-in-class mobile trading and rewards experience. Voting Rewards: Voters on the DEX saw an average APR of 154%. Over half of all users with veFNX remained in the Nest "veFNX BULL" strategy who earned a leading 200% APR. With the majority of voters auto-compounding their rewards into veFNX, the ecosystem continues to work collectively to lock supply away. Stay close for updates as Fenix enters a new phase on @blast mobile with a new chain incentives system π
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