Welcome to the 34th Mero community update!
Here’s what you missed
📈 Mero now has $969k in TVL (stats provided by DeFiLlama)
📞 Chase from Mero joined the Compound community call (find recording below)
Good threads on Mero's use case 📚
🧵 How to optimize your loans with Mero
🧵 Use Mero to borrow with a positive net APY
🧵 Mero’s reactive liquidity adds layers of utility to your assets
👩🌾 Mero pools are currently yielding:
USDC: 11.48% APY
DAI: 10.74% APY
ETH: 8.81% APY
USDT: 10.87% APY
FRAX: 2.68% APY
Upcoming events
🚀 Phase IV launch
⚡️ Mero’s next Action is currently being tested on mainnet and is expected to launch soon! Here’s a sneak peak 👀
Want to become a community contributor? Join our Discord! The Mero protocol is centered around a growing community that is open to community contributions. If you don’t want to contribute, you can always just stop in and say hi! 😀