This week BSC DeFi’s total value locked(TVL) reached $22 Billion.
Among them, PancakeSwap has $8.2 billion ranking the first, Venus $3.43 Billion the second, Belt Finance and MDEX $1.77 Billion are the third, Bunny $1.24 Billion is the fifth.
Trend of the week
The best-performed BSC Tokens this week are:
Farm of the Week
dForce is an integrated and interoperable open finance and monetary protocol matrix covering asset, trading and lending.
Recently, dForce started new liquidity farming Summer Vibe, the team will provide DF token to incentivize the community in a daily basis during 06.04–06.18, for those who make lending, minting (synthetics stablecoin) in dForce, or provide liquidity to dForce sythentic assets in PancakeSwap.
dForec allocates a total of 2,250,000 DF tokens every day to users who did dForce Lending and Synthetic Asset Agreement on the BSC.
Lending behavior: A total of 66,000 DF tokens will be equally distributed to the deposit market (33,000 DF) and the loan market (33,000 DF) every day.
Minting behavior: 14,000 DF tokens will be distributed daily for USX and EUX minting.
LPs that provide liquidity for dForce synthetic assets on Pancake will receive a total of 145,000 DF incentives per day.
Let’s take “lending BUSD and minting USX” as an example to introduce the farming steps:
1. Visit the lending section, authorize and lend BUSD, pay attention to the switch button to agree to use BUSD as collateral.
2. Visit the synthetic asset minting area to mint your collateral BUSD into USX:
3. Successful farming can obtain double DF rewards through lending and minting behavior. Since DF liquidity farming is settled on the block basis, you can withdraw farming revenue at any time.
Reminder: Do your research before any investment, farm responsibly, and never farm with money you can’t afford to lose.
NFT Project Introduction
Bunny Park is based on BSC and has the most creative Collectible+DeFi model. In addition to NFT items, Bunny Park also added more innovative NFT models, including social, blind box, and NFT SaaS services.
Bunny Park will create a standardized NFT+SaaS service, through the issuance of a series of models such as physical blind boxes, exchange blind box for digital assets/real assets, and various models into standardized products, so that any NFT project can use this standardized technology to launch product.
Currently, Bunny Park supports NFT+LP farming. Hold the classic NFT card issued by the platform or the certain LP pair staking, you can farm platform token BP.
Check the LP staking：www.bunnypark.com/farms/main
The three types of NFT cards issued by the platform, Share Card and Activation Card can be purchased directly, while the Classic cards participating in farming can only be drawn by blind boxes. Users can purchase in the NFT section of Bunny Park:
Plow of the Week
APR Helper is a data board that aggregates and displays BSC ecological popular DeFi project token prices and TVL daily change, BSC main assets daily change, popular project single currency and LP farming’ ARY data, and real-time data of BSC Gas. Provide certain data support to DeFi decision-making for the majority of DeFi players.
BSC’s TVL remains stable this week, the ecosystem was putting more emphasis on the security. At the same time, we have seen a trend of more and more BSC NFT projects on BSC. With the launch of Binance’s main site NFT market in late June, we believe that the NFT projects on BSC will enter a stage of booming.
More BSC project , visit: bscproject.org
Source : bscproject.medium