Wombat Boosters Dial Up WOM Wars Another Notch With >700% APRs


Wombex Finance, Magpie XYZ and Quoll Finance are in an arms race to control the voting power on Wombat Exchange. Check out the eye-popping APRs here!
Wombex, Magpie, Quoll: How High Can They Go?
Things are starting to get crazy in WOM Wars, and by “crazy” we mean the insanely high returns being offered by Wombat Exchange and competing yield-boosting protocols Wombex Finance, Magpie XYZ, and Quoll Finance.
Precise percentages shift based on where investments, stakes, and bribes are flowing, but as of this moment, the highest returns can be found at Wombex and Magpie, who are each attempting to lure users with APRs north of 700%!
Also shaking things up is the entrance of new players into Wombat’s liquidity pools and bribe markets, including $stkBNB, $iUSD, $CUSD, and $axlUSDC.
Time to vote and earn! 🔥
— Wombat Exchange (@WombatExchange) February 3, 2023
Join the party with the new bribes - $iUSD by @izumi_Finance, $axlUSDC by @axelarcore & $CUSD by @Coin98Dollar.
Make your vote count and secure the high APR rewards when the factory pool launches!
Don't wait, head to https://t.co/aWJzNxHFEp now! 💰 pic.twitter.com/D5hMiqVO14
Let’s take a quick look across the WOM Wars landscape:
Wombat Exchange
On the stablecoin swap’s Gauge page, Wombex’s $wmxWOM pool is winning the battle for yield boosting, with 30% of the governance voting token veWOM cast in its favor. Close behind is Magpie’s $mWOM with 25%. Next up are $HAY (12%) and $BNBx (10%).
It's time to gear up for the weekly showdown! Here's a recap of @WombexFinance, @magpiexyz_io and @QuollFinance's performance over the week.
— Wombat Exchange (@WombatExchange) February 3, 2023
PS: These protocols have been battling it out for your votes! Secure your share of the bribes now 💸💸 pic.twitter.com/E3ac7NWs4b
Wombex
Wombex is more than halfway through its two-week Bootstrap event, so users have a few more days to convert $WOM to $wmxWOM and stake to take advantage of an APR above 400%.
Even more staggering yields can be found on the Wombex Bribe Market, with one $BUSD pool touching an APR of more than 900%!

Wombex posted a Twitter thread rounding up its recent activities, including Lunar New Year campaigns and AMAs.
GM☀️
— Wombex #BSC (@WombexFinance) February 2, 2023
Let's check active events of Wombex for the #WombexWarriors Community ⚔️
🧵👇
1/
Bootstrap Event:
You can bring $WOM to Bootstrap and earn WMX rewards with 332% vAPR!
And can vote-lock your $WMX to earn Bribes! https://t.co/HXDV0QgUU4
Details: https://t.co/r1LV0NjVNs
Magpie
Magpie is hosting its second weekly WOM UP Part, enticing users to convert $WOM to $mWOM in exchange for an APR currently verging on 750%! Upon conversion, Magpie is giving users two vlMGP voting tokens for every single $WOM.

Check out Magpie’s Twitter post for more info:
The new Weekly WOM UP Party is live!📢
— Magpie XYZ (@magpiexyz_io) February 2, 2023
Now $WOM holders can convert their tokens into $mWOM at 1:1 ratio to get 2 #vlMGP immediately as guaranteed rewards.💰
1 million vlMGP to be distributed for converters through the weekly #WOMUP event.💸https://t.co/w6bJojkU4R#BNB #DeFi pic.twitter.com/WQ9eKJ3vUv
Turning to matters of nuts and bolts, a Magpie governance proposal was approved and implemented that reduces the $MGP token emission by 33%, with a portion redirected to the $mWOM pool to encourage more $WOM conversion.
Hello Magpies!😃
— Magpie XYZ (@magpiexyz_io) February 2, 2023
Our 4th governance #proposal changes have been successfully #implemented.
"Proposal for MGP Emission Reduction and Reallocation"
After this implementation, the $MGP token emission has been reduced by 1/3.🎛️
Details:⬇️https://t.co/HT1zeu9rex
🧵#MGP #BNB https://t.co/7iueFyg5Az
Quoll
Rather than hosting a temporary booster event, Quoll is offering comparatively high rates on its Bribe Market, with APRs for all eligible pools north of 135% and two at more than 230% ($BNBx, $stkBNB).
Quoll also held an AMA with Helio Money:
Welcome to join our AMA with @Helio_Money 📢
— Quoll Finance (@QuollFinance) February 1, 2023
💰$100 HAY Prize
📍 https://t.co/mvaxryLIbn
⏰2 Feb, 10am UTC+8 https://t.co/pL18A5Fec5 pic.twitter.com/hqupvt4DEu
And has partnered with Immunefi on a $500,000 bug bounty program to reward white-hat hackers for finding vulnerabilities in the Quoll protocol.
New Bug Bounty! 🚀@QuollFinance is a multichain veToken aggregator and yield booster powered by Wombat Exchange and BNB Chain.
— Immunefi (@immunefi) January 31, 2023
Find bugs - get $500,000! 💵https://t.co/XQ6ULKDwUM
What is Wombat Exchange:
Wombat Exchange is a multi-chain stableswap focused on fueling DeFi growth and promoting its product’s scalability, accessibility, and efficiency in the multichain space. The protocol allows users to swap stablecoins at minimal slippage and stake at maximum yield.
Where to find Wombat Exchange:
Website | Twitter | Discord | Medium | Telegram
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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The announcement of Baby Doge Chess follows a week of hype from the BNB Chain MemeFi project.
Baby Doge Chess
Baby Doge Coin is introducing gaming elements to its Decentralized Finance (DeFi) Baby Doge Swap ecosystem on BNB Chain. For its first game, the MemeFi project is going old-school, preparing to launch Baby Doge Chess.
The first game to play with #BabyDoge will be a classic game of chess !
— BabyDogeSwap.com LIVE (@BabyDogeCoin) March 20, 2023
Play to head Vs other baby doges and have the opportunity to win baby doge !
PS: It’s in its final stages of development and testing before going live 🥳 pic.twitter.com/hXE5EN7oXy
The Baby Doge Twitter account had been teasing the game unveil for the past week, offering a $250 giveaway to a follower in conjunction with the announcement.
We will be announcing what our first game will be 1 week from today 😎🕹️
— BabyDogeSwap.com LIVE (@BabyDogeCoin) March 13, 2023
To celebrate we will give $250 to 1 lucky user who:
1. RT this tweet
2. Comment #BabyDogeGame below
3. Follow @BabyDogeCoin pic.twitter.com/UlOfiJuQHj
The new Baby Doge Chess game is in the final stages of development and testing. When it goes live, players will be able to compete against each other to win $BabyDoge.
Presumably, chess will be the first of multiple games launched on the Baby Doge platform, providing opportunities to increase user engagement and new utility for $BabyDoge.
What is Baby Doge Swap:
Baby Doge Swap is the acclaimed “son” of the popular meme token, DOGE. Baby Doge Swap started out as Baby Doge Coin and is a hyper-deflationary system that progressively increases its scarcity and increases its liquidity. The project is now a fully Decentralized Exchange with swaps, liquidity pools, yield farming, and more. Baby Doge considers its primary utility as building a fun meme community to spread awareness of animal adoption.
Where to find Baby Doge Swap:
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Grab Your Piece of the Pie: Sector Finance Token is Set For Launch
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Sector Finance is launching its token, $SECT, on Camelot DEX. There'll be 100M tokens available with 10% for public sale with a minimum commitment of $1.5M USDC and a maximum of $4M.
$SECT to Publicly Launch on March 31
The public token launch for Sector Finance token, $SECT, is set to begin at 17:00 UTC on March 29, 2023, and end at 17:00 UTC on March 31, 2023, on Arbitrum's native Camelot DEX.
We are excited to announce the public token launch of Sector Finance ($SECT). Our launch will take place March 29 via @CamelotDEX on Arbitrum.
— Sector Finance (@sector_fi) March 16, 2023
To celebrate this new milestone, we are increasing the Incentive Pool for early Vault depositors.
Details 👇 pic.twitter.com/LW0IeVANiz
The maximum supply will be 100 million $SECT, and 10% of that will be made available to the public. There is a minimum total commitment of $1.5 million USDC and a maximum commitment of $4 million USDC for the public launch of the token.
However, Sector Finance would retain the tokens allocated for the launch if the total committed $USDC is less than 1.5M. In that case, deposited funds will be returned to all participants.
Participants who deposit early and own Camelot's native token, xGRAIL, will be able to join the whitelist launch 24 hours before the public offer begins. As reported, all participants will receive the same fair launch value ("FLV") set at the end of the launch period. For all, the final price would be set as follows:
- Max = 4M $USDC Commitment / 10M $SECT
- Min = 1.5M $USDC Commitment / 10M $SECT
Additionally, holders of $SECT can stake, lock, and receive vote-escrowed $SECT ("$veSECT"), which provides governance rights over protocol fees and emissions. There is a vesting period for one-third of the tokens where they would be staked in veTokens for three months.
Sector Finance will publish specific instructions on participating in the public launch ahead of the launch event.
Incentivized Vault Offering
Sector Finance will increase the Incentive Pool for the Incentivized Vault Offering ("IVO") from 1.0% to 2.0% in celebration of its public launch.
According to the protocol, early depositors will earn $veSECT and $bSECT from the Incentive Pool in addition to the real yield accrued in USDC/ETH. Early depositors will benefit both from short-term upsides and long-term value accruals.
Participants can earn $bSECT and $veSECT from the Incentive Pool at the end of the Incentive Period when they deposit into either the Aggregator Yield Vaults or Single-Strategy Vaults.
You can learn more about the incentive vault offering here.
What is Sector Finance?
Sector Finance is a product protocol designed to scale the DeFi ecosystem sustainably through diverse yields and unparalleled risk transparency. The protocol is developing risk management tools and investment products to assist the next generation of DeFi users. Sector will run on Arbitrum, and the strategies will work with a variety of ecosystems, including Ethereum Mainnet, Moonriver, and Optimism.
Where to find Sector Finance:
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The top DeFi protocols on Ethereum have captured billions of TVL and generated offspring that have captured billions more.
Uniswap, Compound, Olympus DAO, Aave
“Imitation is the sincerest form of flattery that mediocrity can pay to greatness.” – Oscar Wilde
Snarkiness aside, any good developer understands it’s far less efficient to build from scratch, than to identify existing good code and to adapt it to their purposes. The world of crypto is filled with Decentralized Finance (DeFi) protocols that are based on forks of predecessors.
Unsurprisingly, Ethereum protocols are the most popular models for other platforms to follow. In many cases, the Total Value Locked (TVL) of the offspring exceeds the parents!
Let’s check out the top 4 Ethereum protocols, in terms of the adoption of their forks, and then also look at one wild-card protocol: Uniswap, Compound, Olympus DAO, AAVE and Solidly.
(All data sourced from DefiLlama.)
1. Uniswap
Name: Uniswap
Category: DEX
TVL: $3.78 billion
Most Popular Forks: PancakeSwap (BNB etc.), SushiSwap (ETH etc.), BiSwap (BNB), VVS Finance (Cronos), Quickswap DEX (Polygon), Camelot (Arbitrum), SpookySwap (Fantom)
Total TVL of Forks: $6.92 billion
2. Compound Finance
Name: Compound Finance
Category: Lending
TVL: $2.67 billion
Most Popular Forks: Venus (BNB), Tectonic (Cronos), Benqui Lending (Avalanche), Sonne Finance (Optimism), Mare Finance (Kava)
Total TVL of Forks: $4.56 billion
3. Olympus DAO
Name: Olympus DAO
Category: Reserve Currency
TVL: $253 million
Most Popular Forks: Wonderland (Avalanche, ETH), Klima DAO (Polygon)
Total TVL of Forks: $1.51 billion
4. AAVE
Name: AAVE
Category: Lending
TVL: $8.53 billion
Most Popular Forks: UwU Lend (ETH), Geist Finance (Fantom), Radiant (Arbitrum)
Total TVL of Forks: $830 million
The only DeFi protocol in the top 5 that was not originally on Ethereum is Solidly, which was launched by famed DeFi developer Andre Cronje on Fantom. Solidly’s TVL on Fantom experienced a meteoric rise and equally meteoric fall, but the protocol has spun off several massively popular protocols on other blockchains.
Solidly
Name: Solidly
Category: DEX
TVL: $1.5 million
Most Popular Forks: Velodrome (Optimism), Solidly V2 (ETH), Thena (BNB), Ramses Exchange (Arbitrum), Equalizer Exchange (Fantom), Solid Lizard (Arbitrum), Equilibre (Kava)
Total TVL of Forks: $863 million
What is Ethereum:
Ethereum is an open-source, distributed computing platform based on blockchain technology that can execute smart contracts - that is, the terms written in the contract will be executed transparently, automatically when the previous conditions are satisfied, and no one can interfere. At the same time, Ethereum also allows developers to build decentralized applications (DApps) and decentralized autonomous organizations (DAO).
Find more about Ethereum here:
Website | Twitter | Documentation | Whitepaper | Reddit | Discord | Youtube | GitHub | Ethereum Foundation Blog |
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The most anticipated IDO event on Core DAO, CoinBook’s $BOOK token IDO is set to take place.
The world’s first decentralized peer-to-peer orderbook exchange, CoinBook, is holding an Initial DEX Offering (IDO) for $BOOK token.
What is CoinBook?
CoinBook is the world’s first decentralized P2P protocol on the Core chain allowing traders to exchange tokens peer-to-peer without the need for a Centralized or Swap Exchange.
This innovative DEX is igniting the P2P movement of crypto with its unique smart contract technology that circumvents the need for a Centralized or Swap Exchange with many advantages such as:
- Guaranteed Privacy (No KYC)
- Lower fees compared to CEX
- No slippage
- No market price impact
- No front-running bots
- You can keep full custodian
What is $BOOK?
$BOOK is the native platform token of CoinBook which will begin its IDO sale on March 22, 2023 at 12 PM UTC.
There are three major utilities of $BOOK:
Stake $BOOK, Build Your Portfolio
100% of the DEX transaction fees collected from trades will be donated to the holders who stake $BOOK in the Library Staking Pools. Users will be able to choose which Library pools to stake in to earn free tokens such as $BOW, $LFG, $AICORE, and much more!
Monthly Platform Rewards
CoinBook will reward its users monthly in $BOOK. The trading volume a user generates each month will determine how many $BOOK rewards they will earn.
Marketplace Governance
To further decentralize the CoinBook platform, the holders of $BOOK will participate in governance voting on important platform decisions. The more $BOOK you hold, the more voting power you have on proposals.
$BOOK IDO Details
Private Sale (Whitelisted Wallets) will first participate in the sale on March 22, 2023, from 12:00 UTC until 14:00 UTC. All Season 1 airdrop participants with completed tasks are whitelisted.
Public Sale (All Wallets) will start participating on March 22 2023, from 14:00 UTC until 14:00 UTC the next day (March 23, 2023).
The $BOOK IDO will take place on CoinBook’s platform. You can find out more details about CoinBook and $BOOK token on the CoinBook Doc.
Join CoinBook’s movement today and stay updated with the latest info!
Twitter | Telegram Community | Medium | Youtube
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Synthetix Smashes Records: Reaches $490 Million in Daily Trading Volume

Synthetix, the derivatives liquidity protocol, achieved a record-breaking $490 million daily trading volume on March 17. The protocol also generated over $511,000 in fees on the same day.
Synthetix Made Record Trading Volume
Derivatives Liquidity Protocol, Synthetix hit $490 million in daily trading volume for the first time on March 17, according to Dune analytics.
In terms of trading, the majority took place on the Kwenta trading platform, which accounted for $479.8 million in trading volume. In addition, the Synthetix generated more than $511,000 in fees on March 17.

Worth noting that Synthetix will distribute over $8M of Optimism's governance tokens to its perpetual swaps users as rewards.
The reward system will reward traders based on the fees paid, the volume generated, and the amount staked in SNX, Synthetix's governance token. As reported, users who stake 2,500 or more SNX can further boost their rewards with a maximum bonus of 15%.
The program will begin in the first week of April and run for 20 weeks.
In the first week, 50,000 OP tokens will be distributed, followed by 100,000 OP in weeks two and three. The remaining weeks of the program will see 200,000 OP per week.
The rewards will be issued from Synthetix's treasury, which received 9 million OP from the Optimism Foundation in July 2022.
Synthetix has also deployed version 3 (v3) on the Ethereum mainnet following security audits on February 23.
According to its developers, Synthetix v3 offers developers better architecture for developing faster, more complex, and more efficient decentralized financial applications (DeFi). Additionally, V3 will provide simplified staking and differentiated debt pools, meaning network stakers can contribute collateral to specific asset pools and receive fees without being exposed to every Spartan Council-supported asset.
Synthetix currently has a Total Volume Locked (TVL) of $457.14 million, which includes $303.82 million in Ethereum and $153.32 million in Optimism. Synthetix is trading at $2.88, up 0.08 in 24 hours.
What is Synthetix:
Synthetix is a decentralised liquidity layer built on Ethereum and Optimism that acts as a backend for DeFi protocols. Stakers provide liquidity to collateralize a portfolio of synthetic assets in exchange for rewards and market yields. This liquidity is used to underwrite synthetic assets and perpetual futures trading at oracle prices, removing the need for traditional order books and counterparties. As a result, liquidity is commutable and fungible across markets, and traditional slippage is eliminated.
Learn more about Synthetix:
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