July was anything but quiet for Satlayer, it was the month things started accelerating.
Early on, Bluefin went live on the network.
With the launch of xBTC/satxBTC and LBTC/satLBTC pools, liquidity providers can now earn both yield on Bluefin and extra Sats rewards through Satlayer.
A clear sign that btc based defi is expanding fast.
Meanwhile, @satlayer surpassed $450M in TVL and the tge hasn’t even happened yet.
That alone speaks volumes about the trust the ecosystem is building.
For xBTC depositors, the incentives got even stronger: over 22% dynamic APR and 3x Sats boosts are now live between July 9 and October 1.
Perfect timing for long term players.
June Yapper Leaderboard results also dropped this month, revealing who truly contributed value to the network.
And perhaps the most defining moment came just yesterday:
Satlayer’s long awaited tokenomics were officially revealed.
Now we know exactly how rewards will be distributed and how the supply will work.
July wasn’t just progress, it was the setup for something much bigger.
Now it’s time for august and tge💛
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