Tidal Finance

Dear Community,

In the past couple weeks, the compound coverage pool has been live for deposit. As usual, biweekly report comes again with progress shown in two categories:

  1. Marketing and business growth.
  2. Product development.

Marketing and business growth

In the past week, Compound coverage pool was set up for deposit, the coverage includes the newest version of compound III. deposits will start to earn yield with USDC and TIDAL next week.

In addition, the TIDAL staking pool reward was extended for September.

Reserve is currently earning around 34% APR with 14% APR USDC earning and 20% APR TIDAL earning. The current activated plans include a total coverage of 0.6 million.

Product development

  • Compound coverage pool is open for deposit.
  • Staking reward extended for September.
  • Completed weekly incentives for USDC reserve pool.

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In the past few weeks, the individual user purchase portal for MakerDAO went live, providing MakerDAO users a safety option while earning yield. As usual, biweekly report comes again with progress shown in two categories:

  1. Marketing and business growth.
  2. Product development.

Marketing and business growth

In the past week, MakerDAO coverage portal was deployed, users can get protected at a low rate of 0.04% on a weekly basis.

Reserve is currently earning around 34% APR with 14% APR USDC earning and 20% APR TIDAL earning. The current activated plans include a total coverage of 0.6 million.

Product development

  • MakerDAO coverage pool is open for deposit
  • Completed weekly rewards for USDC reserve pool

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In the past couple weeks, the MakerDAO coverage pool has been live for deposit. As usual, biweekly report comes again with progress shown in two categories:

  1. Marketing and business growth.
  2. Product development.

Marketing and business growth

In the past week, MakerDAO coverage pool was set up for deposit, deposits will start to earn yield with USDC and TIDAL next week.

Reserve is currently earning around 43% APR with 18% APR USDC earning and 25% APR TIDAL earning. The current activated plans include a total coverage of 0.7 million.

Product development

  • MakerDAO coverage pool is open for deposit
  • Staking reward extended for August.

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Dear Community,

In the past couple weeks, goldfinch’s coverage purchase portal went live. As usual, biweekly report comes again with progress shown in two categories:

  1. Marketing and business growth.
  2. Product development.

Marketing and business growth

In the past few weeks, the individual user purchase portal for Goldfinch Finance went live, providing Goldfinch users a safety option while earning yield.

In addition, the TIDAL staking pool reward was extended for August.

Reserve is currently earning around 43% APR with 18% APR USDC earning and 25% APR TIDAL earning. The current activated plans include a total coverage of 0.7 million.

Product development

  • Goldfinch individual coverage purchase portal is live.
  • Staking reward extended for August.

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Dear Community,

In the past couple weeks, we have launched the purchase portal for Yearn, as well as a new coverage pool for goldfinch. As usual, biweekly report comes again with our progress shown in two categories:

  1. Marketing and business growth.
  2. Product development.

Marketing and business growth

In the past few weeks, we have launched the individual user purchase portal for Yearn Finance, providing Yearn users a safety option while earning yield.

In addition, we have launched a goldfinch reserve pool, USDC providers can start earning next week.

Reserve is currently earning around 40% APR with 16.7% APR USDC earning and 23% APR TIDAL earning. The current activated plans include a total coverage of 0.6 million.

Product development

  • Yearn individual coverage purchase portal is live.
  • Goldfinch reserve pool launch.
  • Staking reward extended for July.

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Dear Community,

In the past few weeks, we have processed the payouts for UST de-peg policyholders, as well as the compensations for USDC providers. As usual, biweekly report comes again with our progress shown in two categories:

  1. Marketing and business growth.
  2. Product development.

Marketing and business growth

In the past two weeks, we have processed the payouts for UST policyholders as well as the compensation for USDC providers.

In addition, we have launched a new coverage pool for FRAX de-pegging. Deposits are currently open and earning will start next week.

Reserve is currently earning around 55% APR with 19% APR USDC earning and 36% APR TIDAL earning. The current activated plans include a total coverage of $844,909.

Product development

  • USDC and TIDAL reimbursement for USDC providers.
  • New coverage pool launched for FRAX de-peg.
  • Staking reward extended for June.

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Dear Community,

In the past two weeks, we have launched Saddle Finance’s coverage pool and increased the earnings of the USDC reserve pool. As usual, biweekly report comes again with our progress shown in two categories:

  1. Marketing and business growth.
  2. Product development.

Marketing and business growth

In the past two weeks, we have launched Saddle Finance’s coverage pool, depositors will be rewarded by the end of this week, and the user purchase portal will be launched next week. In addition, we have extended the coverage period with StaFi protocol.

Reserve is currently earning around 63% APR with 31% APR USDC earning and 32% APR TIDAL earning. The current activated plans include a total coverage of 3.3 million.

Product development

  • Deployed Saddle Finance’s coverage pool.
  • Extend the coverage period with StaFi protocol.
  • Launched perpetual protocol’s user purchase portal.

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Dear Community,

In the past two weeks, we have launched liquity’s end user purchase portal and perpetual’s coverage pool. As usual, biweekly report comes again with our progress shown in two categories:

  1. Marketing and business growth.
  2. Product development.

Marketing and business growth

In the past two weeks, we have activated liquidity’s end user purchase portal for smart contract insurance, and the end user can get protected at a low price 0.05% a week. In addition, we have also deployed a coverage pool for perpetual protocol, deposit earnings will start next week.

Reserve is currently at 706,558 USDC earning around 68% APR with 26% APR USDC earning and 42% APR TIDAL earning. The current activated plans include a total coverage of 3 million.

Product development

  • Launched Liquity’s end user purchase portal.
  • Deployed perpetual’s coverage pool.
  • Extended staking reward for April.

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Tidal Finance

Tidal Finance

Tidal Finance is the first flexible DeFi insurance platform and marketplace offering the highest APYs in the industry. https://tidal.finance/