Data shows that within 12 hours of the launch of Manta Network CeDeFi products, TVL has exceeded 10 million US dollars.
CeDeFi products introduce asset management institutions' VIP income strategies to the chain. Users can pledge BTC, ETH and stablecoin assets through the Ethereum mainnet, BNB chain, and Manta Pacific to earn institutional CeFi income and funding rate arbitrage income.
Currently, BTC and ETH APY are 5.6%, and USDT and USDC APY are 17.5%. In addition, users can also accumulate points to obtain MANTA token rewards, which are only rewarded for the first $500 million TVL participating in CeDeFi, and the number of days of participation exceeds 30 and 60 days, with additional points doubled.