[EPOCH 7 RECAP]
We enter 2025 💦 with another positive epoch for TVL growth and we've almost hit $20M.
Blue-chip $ETH and $FNX pools continue with a steady increase, providing further weight to Fenix as the central trading and liquidity hub for @blast.
Partner Pools
$weETH (@ether_fi) - APR has risen to 21% alongside a TVL increase of 800k.
$ezETH (@RenzoProtocol) - APR has risen to 24% alongside a TVL increase of 400k.
$USDz (@AnzenFinance) - APR has risen to 94% alongside a TVL increase of 50k.
Congrats to @SekaiGlory who have increased $GLORY pool TVL by ~25k and with a strong APR of 311%
We will support TVL increase without APR dilution (as best we can). Feel confident that as a team we are here to ensure the best blue-chip yields on @blast.
Voting Rewards
$veFNX voters in the "veFNX BULL" strategy saw a return of 112%. Just over $65,000 of rewards were distributed to voters on Fenix.
We also crossed $500,000 of total fee and voting incentives rewards distributed since launch 🔥
Emissions Update
Epoch 8 marks the last epoch that emissions will increase by 1.5%.
It's encouraging to see that $FNX has increased its' liquidity strength during this time which has provided a robust platform to drive LP yields and $veFNX value.
From the next epoch, emissions will enter a weekly decay of 1% to ensure high yields and inflation reduction.
During RISE 1 (November) Fenix had a 101% lock rate over emissions, powered by users locking and our innovative native yield buyback system.
Summary
With a unique MetaDEX model powered by native yield, we're excited to continue the capital efficiency to which Fenix can generate liquidity and rewards in 2025 🔥