APIR 24: Beefy vaults on Arbitrum - integration 4th winelisting

Project presentation:
Protocol(s): Beefy.finance vaults - Curve pools
IBT(s) requested: Name(s) and ticker(s) of the asset(s):

  • TriCrypto vault: mooTriCrypto
  • Curve 2Pool : mooCurve2pool
  • Curve renBTC pool : mooCurveRenBTC

IBT contract address:

Current TVL on the requested IBT:

  • mooTriCrypto : 4.78M$
  • mooCurve2Pool: 11.19M$
  • mooCurveRenBTC: 2.51M$

Current TVL of the protocol(s) according to DefiLlama:
Beefy : 254M$
Curve: 5.1B$

Summary:**
Add Arbitrum Beefy vaults to the 4th winelisting

Rationale:
The APIP 2 ended today, and Arbitrum will be the next chain deployment. This proposal aims to integrate several Curve pools deposited in Beefy vaults to the 4th winelisting event.

  • Beefy is a yield optimizer live on 15 chains and the core product is auto compounding vaults
  • Curve v1 Main DEX for stablecoin trading with low slippage
  • Curve v2 Crypto pools are Curve pools holding assets with different prices. Curve core originally was pegged assets but a new type of AMM allows for extremely efficient trading and low risks of non pegged assets

Additionally, Beefy will ask their communities to upvote the vaults as IBTs to make them eligible for APW rewards.

Benefit of this integration for Beefy community:

  • Additional yield opportunities
  • Increase the visibility of the project with cross marketing
  • Increase the TVL of the IBTs

Benefit of this integration for Apwine DAO:

  • Increase the tokenized TVL and the AMM TVL
  • Diversify the yield possibilities for APWine community
  • Increase the visibility of the project with cross marketing

Metrics:

  • Beefy TVL: 254M$
  • Curve TVL: 5.1B$
  • Twitter community : 213K followers - 297k followers
  • Discord community: 16K members
  • Telegram community: 22.7K members - 17.2K members

Means:
No additional resources announced for now.

Voting options:

  • Add the mooTriCrypto Arbitrum
  • Add the mooCurve2Pool Arbitrum
  • Add the mooCurveRenBTC Arbitrum
  • Don’t add mooJarvis IBTs to the 4th winelisting vote
  • Abstain
Should we add Beefy vault on Arbitrum to the 4th winelisting ?
  • Add the mooTriCrypto Arbitrum
  • Add the mooCurve2Pool Arbitrum
  • Add the mooCurveRenBTC Arbitrum
  • Don’t add mooJarvis IBTs to the 4th winelisting vote
  • Abstain

0 voters

1 Like

Missing dot here, real value is $4.70M

1 Like

Oops thanks, I modify now