I'll take you through the process of moving assets such as $USDC from other chains such as Arbitrum to Cardano to take advantage of yield rewards and incentive programs put in place to entice more liquidity to move to the Cardano blockchain.
If you're interested in improving the stablecoin environment on Cardano, moving some of your assets and providing liquidity may be an option for you. Of course, there are risks when using bridges and DeFi, so please make sure you understand the risks and rewards before participating.
Timestamps
00:00 Intro
01:34 The Process
05:22 Incentives for Moving
08:47 Recap & Summary
X post by Liam
https://x.com/Liiiam_wan/status/1803809686048686230
ArbiSwap used to convert USDCe to USDC
https://arbswap.io/swap?outputCurrency=0xaf88d065e77c8cC2239327C5EDb3A432268e5831&inputCurrency=0xFF970A61A04b1cA14834A43f5dE4533eBDDB5CC8&chainIn=42161&chainOut=42161&chainId=42161
Wanchain Bridge
https://bridge.wanchain.org/
Minswap DEX
https://app.minswap.org/
DISCLAIMER: This content is for informational and educational purposes only and is not financial, investment, or legal advice. I am not affiliated with, nor compensated by, the project discussed—no tokens, payments, or incentives received. I do not hold a stake in the project, including private or future allocations. All views are my own, based on public information. Always do your own research and consult a licensed advisor before investing. Crypto investments carry high risk, and past performance is no guarantee of future results. I am not responsible for any decisions you make based on this content.
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