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...