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On-Chain Insights: gDAI Vault and Binance Sentiment
Niklas Polk

Key Insights from Today’s on-chain behavior

  • New farming opportunities on Polygon and BNB Chain.
  • The negative sentiment around Binance is still prevalent but seems to slowly subside.

New farming opportunities

  • New gDAI vault from Gains Network on Polygon attracts around $8m TVL and offers 20% APY.
    • Gains network is a decentralized leveraged trading platform.
    • Gains Network will launch on Arbitrum soon as well.
    • They launched their new gToken vaults on Polygon (which will also be on Arbitrum), with gDAI being the first.
    • This is no straight forward farm, you essentially take the opposite position of the traders on the platform. Please read their...