Supercharging Your LandX Yield
Welcome to the LandX newsletter, your source of alpha for the LandX ecosystem. If you would like to receive updates and be first to hear about the latest developments, subscribe below.
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What’s happening at LandX this week?
🌊 Arbitrum Tsunami with Tide
The number of campaigns, quests, and other events delivering rewards to LandX users is at an all-time high. Today marked the launch of another campaign launched with Tide to bring even more rewards to LNDX holders.
The campaign launched earlier today and will run for seven days.
Tide has dedicated 50,000 ARB tokens as rewards for participants in the Arbitrum Tsunami event.
Secure yours by joining the campaign and completing all required tasks.
💧Liquidity Incentives Vault
We’re also showing appreciation for our liquidity providers. Our migration from the LNDX/USDC pairing to LNDX/ETH is now complete and we’ve incentivized earning with 20,000 USDC in bonus rewards.
For a limited time, contributing to the new LNDX/ETH pool is now earning LPers more than ever. Join in today while rewards are still active and help make the LandX ecosystem even stronger.
🛡️ Earn More With Insurance.
LandX’s Insurance Safety Module continues to capture the attention of yield farmers throughout decentralized finance. The drastic increase in stability and protection coupled with uncommonly high APYs for stakers make it an obvious choice when looking for ways to level up your LandX earnings.
Staking xBasket tokens in the community staking pool is earning users 34%+ APY.
Rewards are paid out in 100% USDC + xBasket tokens.
There is limited room left in the xBasket staking pool, but these opportunities don’t last. Every time caps have been raised on either pool, investors compete to gain entry and earn some of the most competitive yield farming rates across the industry.
Get started today before the cap is met again.
👀 DeFi Roundup
Another month has passed and decentralized finance is stronger than ever.
Venture Capital firm RW3 raised $60 million from two investing groups, including a sovereign wealth fund of the Emirate of Abu Dhabi, Mubadala Capital.
Truflation raised another $6 million from investors in addition to a previous funding round that included Chainlink.
Omega secured $6 million across three funding rounds with the promise of enabling yield farming for Bitcoin holders.
The Securities and Exchange Commission (SEC) recently adopted a rule requiring some firms to register as dealers, bringing stricter oversight.
Solana has recently been trending as capital flooded into the network over the past few weeks. The TVL of Solana's DeFi sector has increased by almost 80% in the last month alone according to DefiLlama.
Read the post here.
🎙️ xToken Lot Distribution
This December, we launched our first xBasket Lot sale. Users were given the opportunity to purchase xBasket tokens with a delivery date three months in the future.
We’ve now distributed those tokens to contributing wallets and are proud to report that participating investors saw sizeable profits.
Read the full article here.
🎙️ LandX Partners with defactor
On Monday we announced our partnership with defactor to expand RWA borrowing and lending services to even more users across the DeFi landscape. This union has enabled us to join the ranks with other projects like Algorand, Centrifuge, and Huawei to grow LandX’s composability.
Users can now use xBasket as collateral to borrow USDC for any number of DeFi strategies. Alternatively, lending xBasket opens up yet another yield farming opportunity for members of the LandX community.
Read the post here.
Website & App: https://landx.fi
Twitter: https://twitter.com/landxfinance
Discord: https://discord.gg/landx
Medium: https://medium.com/landx
Telegram: https://t.me/landxfin
Please note LandX products are not available to US users.
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