Mero Community Update (5/23/2023)
Mero Community Update (5/23/2023)
Pool performances and updates
gm and welcome to the latest Mero community update! In this edition we’ll give an overview of Mero pool performances and touch on what’s coming next.
Mero Pools
Mero TVL is now at $1.38m. The meroUSDC pool continues to remain the most popular among LPs and also currently has the highest base APY.
The mero USDC, DAI, and USDT pools still remain in the top 10 pools ranked by base APY (according to DeFi Llama). The meroUSDC pool is currently ranked #10 while meroDAI holds rank #5 and meroUSDT #6.
Current yields 👨🌾
meroUSDC: 7.48%
meroDAI: 6.89%
meroUDST: 7.41%
meroETH: 3.26%
meroFRAX: 1.68%
Health check
Mero strategy health checks are now being posted weekly in the #🏥︱health-checks channel on Discord. Here’s a compilation of each pool’s health check for this week.
What’s next
In the last community update we mentioned that Mero would soon be commencing a new deployment. Now, being two weeks later, our new deployment is very close to being live and we are looking forward to sharing it soon!
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! 😀