Multichain is the trend these days. With various liquidity mining programs for various blockchains being announced left and right, it’s easy to miss track of things. One of these chains, in particular, is Celo which announced a $100M incentives program with the goal of onboarding the next 1 billion users to DeFi.
Today, Andy gives us a tutorial on how to get started on Celo through the Optics Bridge, the various yield opportunities on Sushiswap (close to 100% APY on stables), a brief look at Ubeswap and how nascent the Celo ecosystem still is. Coupled with the incentives program and Celo’s focus on building mobile-first applications, this sets up an interesting narrative that could indicate a ton of potential growth in the near future.
Enjoy!
– WassieCapital
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⚠️ DISCLAIMER: Investing in cryptocurrency and DeFi platforms comes with inherent risks including technical risk, human error, platform failure and more. At certain points throughout this post, we might get a commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.
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