Tidal Finance

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.

--

--

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.

--

--

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.

--

--

Dear Community,

Based on the popular demand, we have launched the individual coverage portal to our main page, extending our service from protocols to end users. As usual, biweekly report comes again with our progress shown in 2 categories:

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

Marketing and business growth

In the past two weeks, we have activated Anchor and Radial’s coverage pool, currently generating 8.8% APR each to the backers.

Reserve is currently at 695,588 USDC earning around 105% APR with 32% APR USDC earning and 73% APR TIDAL earning. The current activated plans include a total coverage of 3.7 million.

Product development

  • Deployed end user purchase portal for anchor and radial protocol.
  • Launched end user purchase portal to the main site.
  • Fixed frontend display issues on the buy cover page.

--

--

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/