The on-chain earnings protocol Doubler v2 has officially launched on Manta Pacific, with the current APY of MANTA at 49.64%
August 2nd news, according to the official announcement, Doubler v2, a blockchain yield project based on Martingale trading strategy, has officially launched on Manta Pacific. It supports users to deposit ETH and MANTA to earn profits from the Martingale trading strategy. Affected by yesterday's volatile market conditions, the current TVL of MANTA pool is $120k with an APY of 49.64%. The TVL of ETH pool is $382k with an APY exceeding 10%. In addition, users can also receive DBR airdrops and get early bird rewards for deposits made before August 5th. Doubler provides users with low-threshold on-chain Martingale trading strategies and separates principal from profit. Users only need to deposit ETH or MANTA to obtain Token-1-C representing their principal and Token-1-10x representing ten times their earnings. The Martingale strategy will use funds in the pool to replenish positions when prices fall, lowering all user's average holding price and generating excess returns when prices rebound.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SOL pulls up consecutively above $252, up 5.87% on the day
U.S. stocks open higher, Nasdaq down more than 1%
BTC falls below $96,000