Weekly Summary: June Second Week

GM Gang 🫡

Multipli went all in this week — 7 days of hustling like there was no tomorrow; and we’ve got some amazing updates for you.

Here’s the summary of last week (6th to 13th June):

First up, the yield figures:

• From 6th to 13th June, Multipli distributed over $83,225 in yields, with an average APY of 6.22%.

• This APY is among the highest risk-adjusted yields in the industry compared to:

  • Ethena – 4.08%

  • Aave – 4.34%

  • Maker – 1.14%

  Multipli continues to deliver superior yields to users, this week as well.

• Over last week, DeFi captured a mindshare of 19.46%, marking a decrease of 88 basis points compared to the previous week.

Next, the Communiti updates:

• Multipli X is now a 30K fam! And we’re not stopping anytime soon. Our X is full of memes, tea, and some serious alpha — don’t miss out on it!

• Multipli partied hard! We hosted a party in collaboration with Moonboy in Lisbon and the music and vibes were just lit.

• Shieldify Security performed an audit on Multipli. You can read the security audit report here. No high-level threats were found, and all issues were fixed or acknowledged within a few hours.

Last week was fr lit! So we’re going to channel all of that enthusiasm into this week to bring you the best of DeFi, so stay tuned to our X handle and our Discord communiti.

See you on the other side 🫡