KEY TAKEAWAYS
- Puffer ecosystem launches unifiBTC and unifiUSD Vaults, expanding beyond Ethereum and offering new yield opportunities.
- Users can earn $CARROT rewards by depositing Ethereum-based BTC or USD stablecoins into these vaults.
- Nucleus DeFi strategies provide sustainable returns, integrating yield directly at the network layer.
- Investors can benefit from boosted APYs and $CARROT incentives during the initial two-week reward period.
The Puffer ecosystem has announced the launch of unifiBTC and unifiUSD Vaults, marking a significant expansion beyond Ethereum (ETH) and introducing new yield opportunities for cryptocurrency investors. These vaults are designed to offer competitive yields through Nucleus DeFi strategies, enhanced by $CARROT rewards, and align with Puffer’s mission to foster a more decentralized ecosystem.
Users can deposit Ethereum-based BTC or USD stablecoins into these new vaults. The assets will be deployed into targeted DeFi strategies to generate yield while also accruing $CARROT tokens, which can be claimed separately. For the first two weeks, each vault—BTC, USD, and unifiETH—will distribute 10,000 $CARROT per day, totaling 42,000 $CARROT. Additional $CARROT incentives will be available through governance gauges, encouraging users to stake PUFFER tokens and participate in governance.
Nucleus DeFi Strategies and Sustainable Returns
The vaults leverage Nucleus, the default yield provider for networks, to deliver seamless and sustainable returns. By embedding yield directly at the network layer, Nucleus aims to eliminate the opportunity cost of participating in new ecosystems, allowing users to earn competitive yields across various assets. This partnership empowers the Puffer ecosystem with robust, automated DeFi strategies while aligning with Nucleus’s mission to make yield a default feature across the crypto landscape.
Nucleus is built on the same code as the widely used Seven Seas vault, which has been audited by 0xMacro, Spearbit, and Pashov. Withdrawal fees may vary depending on market liquidity and the underlying assets’ available depth, with users potentially incurring minimal fees when redeeming.
Key Contract Addresses and Incentives
The key contract addresses for the new vaults are as follows: unifiBTC Vault: 0x170d847a8320f3b6a77ee15b0cae430e3ec933a0 and unifiUSD Vault: BoringVault: 0x82c40e07277eBb92935f79cE92268F80dDc7caB4. Investors are encouraged to take advantage of boosted annual percentage yields (APYs) and limited-time $CARROT incentives during the initial two-week reward window.
For more detailed information, the official announcement can be found here.
Explore More News:
Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
