Weekly DeFi Showcase: Solana Edition

Another week, another batch of alpha courtesy of Octav!

From custom risk adjustment for leverage to auto-compounded yield rewards, it’s a good week to maximize your Solana gains. 

Note that this article is for informational purposes only and should not be considered financial advice. Always DYOR (Do your own research!)

Check it out:

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Adjusted Leverage with NX Finance

NX Finance is introducing JLP Leverage Adjustment for better risk management:

It’s very simple: users can select a JLP position, use the slider to adjust the leverage, and voila! You control the leverage as much as you want. With this flexibility, you can adjust yourself based on how the market is going. Leverage up when coins are up, and take it easy when it’s down…

NX Finance on Solana is tracked on Octav.

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Open Kyros’ War Chest’s For Rewards

Kyros’ points leaderboard is live:

They’ve recently introduced the War Chest, their very own point program. With the addition of the leader, users can now see how many points they've gained so far by being active on the protocol. These points will be used to distribute future rewards, so stay tuned!

Kyros on Solana is tracked on Octav.

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Fragmetric introduces TipRouter

TipRouter, Jito’s Node Consensus Network, has been released. At the same time, Fragmetric has removed its caps on fragSOL and fragJTO. What does this mean?

TipRouter will collect a 3% fee on MEV tips and redistribute it in the ecosystem. It’s then redistributed and auto-compounded in fragSOL and fragJTO, boosting yields…That means it’s the perfect time to go all in on Fragmetric!

Fragmetric on Solana is tracked on Octav.

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Sandglass x Kyros: New Points Market

Max out your points with Sandglass and Kyros’ brand new market:

Use this opportunity to restake your JTO through Kyros and get some kyJTO. This’ll earn you yield along with Kyros' native points. As a bonus, you get a 2x points multiplier and YT holders gain rewards from a 5000 JTO incentive courtesy of Jito!

Sandglass on Solana is tracked on Octav.

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Switchboard’s Oracle Builder, Ahead of The Curve

Switchboard now pulls out of Curve Finance’s data sources for their custom oracle feeds. 

Through Switchboard's oracle builder, developers can get price feeds straight out of Curve's liquidity pools along with many others for peak reliability and accuracy!

Switchboard on Solana is tracked on Octav.

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Why Octav?

With accurate labeling and analysis of your DeFi portfolio, Octav is a helpful tool for CFOs, asset managers, and accountants working in various organizations such as hedge funds, family offices or financial institutions. Thanks to our thorough and accurate database, Octav makes DeFi more accessible, serving as an essential guide for understanding cost basis, profits, losses, and more.

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Sign up for Octav Pro today and gain significant advantages for the day-to-day management of your crypto activities: unify all wallets you work with under one bundle to save time and let automated reports send you updates on your organization’s finances without having to analyze it yourself. Monitor your holdings on our Treasury page, and be transparent by sharing it publicly with your DAO members or the rest of your team. Whether you’re the CFO of a business, an accounting professional or a DAO treasury leader, use Octav to make DeFi management a breeze!

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Are you a DAO in need of advanced treasury analytics? Octav offers demos upon request.

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