Moonfarm Monthly Update - 3/29/22

3 min readMar 29, 2022

Greetings Moonies! Another time has passed, we are happy to look back on our effort put into the Moonfarm Finance Ecosystem. During this period, we have launched many successful events and integrated with highlights are $BSW staking pool, Moonswap Update and C. Besides, we also want to give you a sneak peek about upcoming events.

Product Grow Stats

Total Value Locked

$21,254,680.45

Our TVL had increased from $6M to more than $17M after 7 months and peaked at $20M regardless of market conditions: grow 283%

Total Farming Pool

44 Available Pool and 42 Pool are Single-side Staking Pool

Total Integrated Chain

Moonfarm Finance had integrated 6 Chains including Ethereum, BNB chain, Polygon, Avalanche, and the lastest is Terra Luna.

Integration New Chain

Terra Luna

Moonfarm officially integrated Terra Luna. With amazing work from Do Kwon (founder of Terra Money) and Terra Luna recently. We’re opening farming pools for the Terra Luna Ecosystem. We officially support LUNA, ANC, UST (CW20 token), Ecosystem token on the LUNA blockchain. Starting from now, LUNA, ANC, UST users can Deposit and have single staking on Moonfarm Finance.

Partnership

Moonfarm has cross-promotion with AZN NFT for users to have chances to be whitelisted in their NFT Presale.

Project Development

We are always working hard and opening more safe pool farms with high APR and no impermanent loss for users. Let’s take a look at what we’ve had so far.

Update UI&UX, MOONSWAP

- MTS vault will be extended with no end date and with flexible APR

- Moonfarm releases new feature to export transactions history to CSV file (no more than 6 months timeframe)

$GMT and $BSW added to Moonswap.

Upcoming Events

We are very grateful to those of you who have followed the development of Moonfarm. There are many upcoming plans of Moonfarm that we would love to share such as

Integration New Chains: Solana, Near Protocol, Harmony, Celo, etc.

Moonswap Developments: Upgrade Moonswap to multichain swapping for users can swap their asset cross-chain

About Moonfarm Finance

Moonfarm is a DeFi and Centralized Finance (CeFi) hybrid yield farming aggregator. It provides the best of both worlds, offering all the cost-effectiveness, easy access, transparency, and rapidity of DeFi yield farming, in addition to offering the security associated with a centralized financial ecosystem.

Moonfarm optimizes Yield Farming interest (APY/ APR) and provides users with the ability to choose what farms they want to use, or the system will automatically determine the best farming strategies using the yield optimization engine.

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