All users of Klaytn’s DeFi ecosystem are invited to move their liquidity from KlaySwap’s largest pools such as oUSDT/KDAI, oUSDT/oUSDC, KLAY/oUSDT, KLAY/oETH and oETH/oUSDT.
During the so-called “deposit window” , users will be able to withdraw their principal from KLEX in the form of KLEX LP tokens. As estimated by KLEX Finance’s team, the annualized yield rates of new liquidity pools will vary between 70% and 127%.The KLEX Finance team highlights that such impressive APRs are calculated based on $0.1 per KLEX price assumptions, while actual yield statistics might be different.
We believe that this will be beneficial to the Klaytn ecosystem in many ways. We can attract new users to the DeFi ecosystem through highly incentivized pools. More yields, more TVL! Also, KLEX Finance team highlights that its liquidity management mechanisms are far more capital efficient: unlike KlaySwap’s pools, they work with no price slippages even during periods of maximum trading activity.
🔥 why media is silent about this