Mero Community Update (8/1/2023)

Mero's first weeks on Polygon

gm and welcome to the latest Mero community update!

What’s going on with Curve?

Mero pools generate yield by allocating funds through Curve and Convex. Recently, a bug in the programming language that Curve is built on (Vyper) resulted in several Curve pools being exploited and Curve LPs losing funds. Mero does not have any exposure to Curve pools that are affected by these exploits and funds remain safely earning yield.

Mero Pools

Mero TVL is now at $1.13m

Mero is live on Polygon! 🚀

• Users can now earn Mero yields and register actions through the Polygon network. Read the announcement to learn how to start using Mero on Polygon.

Current yields 👨‍🌾

• meroUSDC: 8.18%

• meroDAI: 13.44%

• meroUDST: 13.26%

• meroETH: 2.4%

• meroFRAX: 11.82%

• Polygon meroUSDC: 7.51%

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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! 😀