Yield farming has caught the attention of millions in the DeFi space, as evidenced by the large number of yield farming platforms that have popped up in recent years. However, managing your assets across many yield farming opportunities in different chains can be time-consuming and confusing for many users.
Arable, the latest Telos-based project, gives you access to every farm in every chain, simplified in one platform so you don’t have to deal with the hassles of cross-chain farming. Arable Protocol is a DeFi platform focused on synthetic farming and trading. It makes multi-chain farming accessible, affordable and easy for all users.
Both experienced and novice farmers can easily stake yield farms of different chains thanks to a simple and effective user interface. Built on a synthetic ecosystem, the Arable Protocol creates liquidity by minting the stable asset arUSD. Users can trade between various LP tokens and synthetic cryptocurrencies using arUSD. They can also run synthetic yield farms that follow the APR of their counterparts in the native chain.
Say goodbye to asset wrapping, costly cross-chain bridging, high swap fees and slippage; Instead, welcome Telos to Arable, the future of cross-chain farming.
How does your project benefit the Telos Community?
This partnership between Arable and the Telos community will not only result in increased visibility of each other’s communities, but Telos will also feature the most advanced version of a synthetic asset protocol supporting synthetic trading and farming. As a result, Telos users will soon be able to trade assets from Cosmos, Polkadot, Solana and others, as well as stake and farm their assets with the same yield and improved user experience.
Additionally, we plan to airdrop ACRE, our native token, to the Telos community to celebrate the start of this dynamic partnership.
Why did you decide to build on Telos?
Telos is a lightning fast EVM compatible blockchain with one of the fastest growing communities on Web3. This powerful network meets the needs of cutting-edge dApps like Arable.
The Telos network can easily support 10,000 transactions per second and offers near-zero transaction costs, meaning Telos users benefit from instant transaction finality and meager fees. In addition, Telos strives to support developers with a range of tools, compatibility and an industry-leading support team.
Where can our community follow your project?
connection tree | discord | Telegram | Twitter
About Telos
The Telos EVM is the most powerful and scalable Ethereum smart contract platform built for Web 3.0. Telos features a robust, ESG-compliant, third-generation evolutionary blockchain governance system, including smart contracts, advanced voting capabilities, and flexible and easy-to-use fee models. In addition, Telos supports the blockchain ecosystem by serving as an incubator and accelerator for decentralized applications through development grants. Build with us.
Follow Telos
Website | Twitter | discord | Telegram | Middle
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