Weekly DeFi Showcase: Sonic Labs Airdrop Edition

Sonic Labs airdrop season is hot, so here’s a special edition of our Weekly DeFi Showcase!

All about protocols offering extra rewards for the S airdrop, the apps featured this week showcase ways to make Gems, and more Sonic Points thanks to high multipliers. 

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

Check them out:

Beets x Balancer x Beefy x Silo: Boosted Pools & Points

Beets’ Boosted Pools are live, a collaboration with Balancer, Beefy and Silo. By putting funds into the scUSD | USDC pool crafted by Balancer, you can earn the following rewards:

• 12x points on $scUSD
• 10x points on $USDC
• $USDC lending rewards
• DEX swap fees
• $stS incentives
• Autocompounded $S rewards

Beets on Sonic is now tracked on Octav.

‍Shadow x Sonic: Gems For All

As a native Sonic DEX and winner of the Sonic Boom competition, Shadow has 8,750 Gems to award to its users: these can be redeemed for S for when the Sonic airdrop begins.

Their rollout begins as vote incentives for scETH/WETH, S/USDC.e, S/stS and USDC.e/scUSD. On top of this, users get a 2x multiplier on them as Shadow is a native Sonic DEX!

Shadow on Sonic is now tracked on Octav.

Origin Sonic (OS) Opportunity #1: SwapX

$OS staking is live on SwapX, and they offer an easy opportunity to make money!

1. Swap your S into $OS,
2. Deposit wS/OS into a SwapX pool to earn SWPx,
3. Lock that for swap fees, voting power, and up to 286% APR!

SwapX on Sonic is now tracked on Octav.

‍Origin Sonic (OS) Opportunity #2: Spectra

Make use of your OS and wOS on Spectra to access wOS yield and Sonic points exposure, or join pools to earn its swap fees, SPECTRA emissions, and more.

Spectra on Sonic is now tracked on Octav.

Liquidity = Points with Equalizer

It’s true that merely holding assets gets you points counted towards the Sonic Airdrop. But instead of holding them, make them work for you.

By providing stS/S liquidity on Equalizer, users can earn Sonic points and 23% APR!

Equalizer on Sonic is now tracked on Octav.

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.

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!

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

Follow our socials for more!
X | LinkedIn | Discord