Weekly Summary: June Third Week

GM Gang 🫡

Another week of burnt candles, another week of victories for Multipli!

Here’s the summary of what happened last week at Multipli (13th to 19th June):

First up, the yield figures:

• Multipli distributed over $90,022 in yields from 13th to 19th June, with an average APY of 6.68%.

• This APY remains one of the highest risk-adjusted yields in the industry compared to:

  • Ethena – 3.57%

  • Aave – 4.13%

  • Maker – 0.99%

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

• Over last week, DeFi captured a mindshare of 20.93%, marking an increase of 76 basis points compared to the previous week.

Next, the Communiti updates:

• Multipli leads on Tac: Multipli is the largest stablecoin vault on Tac! We thank all the participants who helped us climb to the top, you guys never let us down and keep pushing us to do better.

• Our founder went on a podcast: Our CEO, Shaaran, went on a podcast with Surgence to discuss a major question: How is Multipli tackling one of the biggest challenges in RWA?
  Watch the breakdown here.

What's Next?

The energy from last week is still strong and we are going to be firing on all cylinders next week. We have some big updates lined up for y’all, so make sure you’re following us on our X handle and our Discord communiti to stay in the loop.

See you on the other side 🫡