DeFi Recap
This week BSC DeFi’s total value locked(TVL) hit an all-time high of $34.7 billion, reached 60% of TVL on Ethereum, with a growth of 152% within 30 days.
Among them, Venus (11.83 billion) surpassed PancakeSwap (8.18 billion) ranked first and second. Pancake Bunny is the third with 2.91 Billion, Ellipsis 2.52 billion and MDEX 2.51 billion stay the fourth and fifth.
Trend of the Week
1.Currently, the total number of BSC projects has exceeded 457.
2. Multiple single-token farming projects without permanent loss are launched on BSC, including: Solo.Top, CoinWind, Hyper Finance, etc.
3. The BSC tokens that performed well this week include: ALPA(+103%), BTCST(+66%), BUNNY(+54%), BAKE(+53%), XVS(+51%).
4. BscProject released a new function BToken, which supports viewing the TVL trend, issuance, circulation amount and other data of the BSC token.
Farm of the Week
Suter Shield Mining
Suter Shield is a set of multi-chain deployed privacy payment protocol. It currently supports BNB/BUSD single-token framing and SUTER-BNB LP/SUTER-BUSD LP farming. The current comprehensive annualized income is 900% +.
We take BNB single-token framing as an example to introduce the specific farming steps:
1. Visit bscshield.suterusu.io/app, click on the upper right corner to connect to the wallet
2. Click the BNB farming pool, click the registration button, and use the Suterusu private key generator to generate a Suterusu account (note that you have to store carefully the private key, this is the exclusive private key of your SUTER-BNB, and cannot be used to manage other Suterusu token)
3. After the Suterusu account is generated, set the number of BNB for farming, switch to the Fund and Mining mode, and after authorizing the signature, you can start farming SUTER tokens.
4. If you need to check the farming situation or manage SUTER-BNB assets later, use your Suterusu private key to import the account.
Reminder: Do your research before any investment, farm responsibly, and never farm with money you can’t afford to lose.
Conservative Farmer
SOLO farming is without permanet loss, with APR 70%+.
Solo.top is a single-token farming aggregator designed to obtain permanent zero-loss liquidity incentives, thereby bringing higher and safer benefits to all users.
The specific farming steps are as follows (take WBNB as an example):
1. Visit solo.top, click on the upper right corner to connect to the wallet
2. Click on the single-token farming entrance to enter the list of single-token farming pools
3. Click on the WBNB farming pool, set the amount of WBNB and authorize it to start farming MDX.
Reminder: Do your research before any investment, farm responsibly, and never farm with money you can’t afford to lose.
Plow of the Week
Tops is launched on BSC farming APY ranking，which enable user to quickly find the highest annualized LP pool and mining protocol by APY or lock-up amount
Conclusion
This week BSC TVL and project numbers had a great growth together with BNB, and BSC infrastructure is improving steadily.
This week PancakeSwap launched an info site improvement reward program, with a bonus of up to 150,000 US dollars, and all technical experts are welcome to participate.
pancakeswap.medium.com/pancakeswap-launches-150-000-info-site-bounty-cff20ec9aff0
More BSC project information, please visit: bscproject.org
Happy Farming!
Source : bscproject.medium
