Essence Finance

Happy Monday from Tokan Exchange! Check out our top stable and volatile APRs this week down below. Add liquidity and stake to start earning juicy rewards now⬇️ app.tokan.exchange/liquidity

Happy Monday from Tokan Exchange! Here's our top volatile and stable APRs, including our new pool With a new pool comes high APR- Get involved, add liquidity and stake to earn juicy rewards now ⬇️ app.tokan.exchange/liquidity

The first integration for stRWA is now live at @tokanexchange on Scroll 🤝 $stRWA is paired with the stablecoin $CHI, offering a 905% APR for early depositors! Details on minting stRWA are in the thread below ⬇️ Bridge stRWA to Scroll here: re.al/app/bridge

wUKRE/CHI Liquidity Providers can now earn $RWA rewards. See below for additional details!

Exciting News, Preonauts: Preon V2 is LIVE! 🎉 We're pleased to announce the launch of Preon V2 🌟 This launch is a major evolution in our protocol, which brings: ➡️ Powerful new features ➡️ Utility and governance tokens ➡️ Exciting opportunities And more! Let’s get into it ⬇️ 🌟 What's New in Preon V2? 1️⃣ Introducing $PREON: Our new ERC-20 utility token gives users a variety of new use cases. Lock $PREON to receive $vePREON and gain governance power while earning a share of protocol revenues. 2️⃣ $oPREON Options: Earn these unique option call tokens by depositing $STAR in our Stability Pool. Redeem them for discounted $PREON or zap directly into $vePREON for higher yields. We're partnering with @tokanexchange and @Essence_Fi to launch our first $PREON LP 🌟 3️⃣ Stability Pool: Strengthen $STAR's stability while earning attractive rewards in $oPREON, the Stability Pool's emissions token. With $oPREON, you have a variety of possibilities. 4️⃣ Omnichain Capabilities: Powered by @LayerZero_Labs integration, $PREON and $STAR are both omnichain fungible tokens. Easily access yield opportunities across multiple chains. $PREON will initially be available on @tokanexchange on @Scroll_ZKP 📜 We're starting the LP with over $100K in incentives, and this is only the beginning! ⬇️ 🤝 Community-Driven Development Preon V2 is the result of invaluable feedback and insights from our amazing community. Your voice has been heard, and this update reflects our commitment to building a protocol that truly serves your needs. 🛡️ Security First As always, security remains our top priority. Preon V2 has undergone rigorous new audits with @peckshield and @nethermind, and testing to ensure the safety of your assets. 🚀 What's Next? This is just the beginning. We have exciting new developments ahead, filled with more opportunities, including more collateral options. Stay tuned for regular updates and new features. 🎓 Learn & Engage We've prepared comprehensive guides and documentation to help you navigate Preon V2. Visit our website and join our Discord for in-depth information and to connect with our team and members of the community (links below). Thank you for being part of this journey, Preonauts. Together, we're shaping the future of CDPs! 👩‍🚀 Let's reach for the $STARs, together! 🌟

We've got some exciting news to share! Tokan has teamed up with @LidoFinance to drive emissions towards the wstETH/ETH pool! Together, we will cultivate deep liquidity for wstETH on @Scroll_ZKP.🤝

Our Gov Token $ZEN is now listed on @coingecko coingecko.com/en/coins/zen

Chi USD is now listed on CoinGecko. 🥳coingecko.com/en/coins/chi-u…

Don't forget to place your votes.

We are off to a flying start with V2 on @Scroll_ZKP. Our CHI/USDC pool is at 1.4M TVL and the APR is still >600%.💰 Learn more here: linktr.ee/essencefi

👀 app.tokan.exchange/vote

We've added our bribe on Tokan and voting APRs are looking 🔥 Reminder that the airdrop is still available and ready to claim for Velodrome CHI/DAI LPs. app.tokan.exchange/vote app.tokan.exchange/airdrop

Looking for some juicy APRs on @Scroll_ZKP ? 💰 Check out the top pools by APR in the graphic below. Start providing liquidity 👉 app.tokan.exchange/liquidity

The cost of making an ETH transfer on Scroll has fallen more than 80% since they made their Bernoulli upgrade on Monday. 28/04 - Median Cost of ETH Transfer was $0.2 03/05 - Median Cost of ETH Transfer was $0.036

We are thrilled to announce the launch of Essence V2 on Scroll, in collaboration with @TokanExchange. Dive into the details in our latest Medium article. #EssenceV2 #Scroll @EssenceFi/45f7759f8d7b" target="_blank" rel="nofollow noopener">medium.com/@EssenceFi/45f…

Scroll started posting blobs ~8 hours ago and is now the 4th largest blob poster src: dune.com/hildobby/blobs

Adding support for EIP-4844 was just the tip of the iceberg. Our team is in full swing working to integrate additional gas optimizations that will continue to push the @Scroll_ZKP zkEVM even further. Next up, advanced data compression 🔥

Markets are cooling, our app.leechprotocol.com - doesn’t! Enjoy your constant stable yields!

Bernoulli is now LIVE on @Scroll_ZKP Mainnet 🔥 With the introduction of EIP-4844 and the SHA-256 precompile, users and devs will experience the most efficient version of Scroll so far. - Massive fee reduction ✅ - Superior EVM-compatibility ✅ scroll.io/blog/blobs-are…

The @Scroll_ZKP zkEVM is becoming 10x cheaper! Our latest protocol upgrade, Bernoulli, introduces important optimizations such as added support for EIP-4844, as well as the SHA-256 precompile. Lemme elaborate 🧵