23h ago
Epoch 4 of @arbitrum DRiP has just begun, and we're already noticing positive signs. 6 lending protocols have joined, each with unique traits. Here are the key metrics, measured exclusively on Arbitrum: + top 1 by market size: @aave - $2.03b + top 1 by borrowed liquidity: @aave - $827.11m + top 1 by Arbitrum market share: @Dolomite_io - 47.26% + top 1 by $ARB allocated: @MorphoLabs - 1.12m ARB + top 1 by cost-effectiveness: @SiloFinance Together, they've increased the lending market size on Arbitrum by over $680m so far in DRiP Season 1. Imo, if you're participating in the DRiP, adopting a multi-reward strategy is essential. ➜ For instance, instead of borrowing USDC, consider choosing thBILL to leverage Theo points and earn ARB simultaneously.
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