Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche

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The total value locked on Vector Finance hit a new high after the protocol integrated multiple stablecoins in the Avalanche ecosystem in order to become the network’s largest liquidity hub.
The battle to attract stablecoin liquidity has been a trending theme across the cryptocurrency landscape for the past year, especially as decentralized finance users have come to realize the hefty APY that can be earned on dollar-peg assets.While Curve Finance remains the undisputed leader in interest bearing stablecoin liquidity pools, several new entrants have begun to climb the ranks, including Vector Finance (VTX), a protocol that enables Avalanche network users to generate boosted yields on their stablecoin positions. Data from CoinGecko shows that the price of VTX recently underwent a trend reversal as its price climbed 52% from a low of $0.39 on May 1 to a daily high of $0.60 on May 4. VTX/USD 2-hour chart. Source: CoinGeckoHere’

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We współpracy z: https://cointelegraph.com/news/vector-finance-vtx-tvl-hits-a-record-high-as-the-curve-wars-shift-to-avalanche

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