The recent launch of the $180 million “Avalanche Rush” incentives program has catapulted the Avalanche network into the spotlight, attracting DeFi enthusiasts and investors alike. As the ecosystem continues to grow, it’s essential to understand the various projects and platforms that have emerged on the C-Chain.
Lending Platforms
Several lending platforms have set up shop on Avalanche, offering users a range of opportunities to earn interest on their deposits.
- BENQi: A pioneering lending platform that enables users to lend their digital assets to earn interest while maintaining exposure with their deposits.
- Pangolin: A decentralized exchange (DEX) that offers a range of yield-farming and staking opportunities, including auto-compounding vaults and stablecoins.
- Trader Joe: A DEX that allows users to swap their native token, SNOB, across four networks, including Polygon and Fantom.
- Snowball: A yield aggregation protocol that offers two core products: auto-compounding vaults and StableVault, which support up to 4 different stablecoins.
- Yield Yak: A yield-farming protocol that automatically compounds deposits by selling