Yield farming app accumulates $12M TVL 2 weeks after launch

A brand new yield farming app referred to as Origin Ether has gathered over $12 million in whole worth locked (TVL) simply 14 days after launch, in line with knowledge from blockchain analytics platform DefiLlama. TVL is a metric that measures the greenback worth of property inside an app’s sensible contracts.

The app was launched on Might 16, in line with a consultant from the event crew. DefiLlama knowledge exhibits the app already had $793,000 locked inside its contracts earlier than the launch, which crew members or different early companions might have provided.

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