Francium launches the Cross-Chain Asset section, come and enjoy the Solana dividend
Have you ever imagined that you could leverage farm all of the biggest crypto assets in Solana? Even if the asset was made available on Ethereum, BSC, or another Blockchain.
Since Solana Summer, Solana has developed at a remarkable place. It continues to draw new users due to its active ecosystem protocol development, as well as its high-speed and low-cost user experience. Solana users are progressively bringing their crypto assets on the platform for trading, lending, and other DeFi activities. Solana provides users with a convenient and fast experience, and these assets also infuse liquidity and vitality into Solana. Hence, formed a good interaction with users.
As the core protocols of the Solana ecosystem, Raydium and Serum are also devoted to fostering this trend. In a recently released joint incentive plan, both protocols will provide an initial farming incentive of up to $30M for the cross-chain assets (which arrive on Solana through the Wormhole bridge.). The incentive APR is particularly appealing in the pools that are already online.
Francium is dedicated to providing customers with a wide range of high-yield options and is the first one to notice this trend. The cross-chain assets with incentives are larger assets. Such assets often mean better mining stability. The high incentives from the ecosystem protocol are layered on top of it. It is an extremely beneficial chance for leveraged mining users.
In order to allow users to intensively participate in this revenue opportunity for the first time, Francium launched the Cross-Chain section. In this section:
- Francium will quickly integrate the high-yield pool of cross-chain assets allowing users to reap the benefits of leveraged farming for the first time.
- Francium’s lending section will also integrate the corresponding cross-chain asset.
- The centralized display and the synchronization of the community news for the first time will allow users to quickly track the latest status of such pools.
Go to https://francium.io/app/invest/farm to have a try.
Raydium is a Solana-based automated market maker (AMM) which leverages the central order book of the Serum decentralized exchange (DEX) to enable lightning-fast trades, shared liquidity, and new features for earning yield.
Project Serum is a protocol for decentralized exchanges that brings the best of CeFi and DeFi through its on-chain orderbook design. Serum’s vision is to become an important infrastructure for the Solana ecosystem.
Wormhole is a simple, generic protocol that delivers a pathway for any kind of information — funds, votes, programs, and more — to flow from one blockchain to another in the network.
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