Sphere Finance building Integrated(?) Defi protocols across multiple networks
Sphere Finance is building a large set of Defi Protocols across Polygon Matic, Binance Smart Chain, and Optimism. They are developing all the following during the bear market.
It begins with Overnight Finance (https://overnight.fi/ ) and USD+ a fully backed stable coin on Polygon, Avax, BSC, and Optimism. It earns yield by multiple yield bearing low risk strategies that vary per blockchain with daily rebase payouts. It can be minted and redeemed 1<→1 USDC. It can be farmed with in Sphere Finance Farms(see below) and Velodrome on Optimism.
Sphere finance has built their version of Curve / Convex with improvements taken from SolidlyExchange. This includes Dexes, Voting / bribes, and Yield Optimizer. On Polygon the Curve equivalent is Dystopia (https://www.dystopia.exchange/home) and the Convex equivalent is Penrose Money (https://www.penrose.money/). On Binance Smart Chain they produced Cone Exchange (https://www.cone.exchange/home) and Unknown Money (https://www.unknown.money/).
Integrating all these protocols is Sphere Finance (https://www.sphere.finance/) with its own token that gets fees from all its developed protocols. Has its own burning mechanism and developing it own veSPHERE mechanism. It also has a Bond mechanism for sellers and buyer under development.
Sphere Finance has excellent Social Media across Twitter, Telegram, Discord, and Youtube.
https://twitter.com/SphereDeFi
https://twitter.com/overnight_fi
https://twitter.com/dystopiaswap
https://twitter.com/PenroseDeFi
https://twitter.com/UnknownFinance
https://www.youtube.com/channel/UCC1jzBT_n_rSu7lkPygpW6w/videos