Monthly Summary — June2021🗓

BTESTA Finance
2 min readJul 1, 2021

Since we had updated throughout June, so we sum up all the events for you to catch up and check all what we have done.

✔️We have launched BUSD lending pool as a new deposit vault, available on Lend&Earn page, along with the new 8 BUSD pairs yield-farming pools on Borrow&Farm page which are;

  • BUSD / USDT Pool
  • BUSD / USDC Pool
  • BUSD / DAI Pool
  • BUSD / UST Pool
  • BUSD / VAI Pool
  • BUSD / BNB Pool
  • BUSD / BTCB Pool
  • BUSD / CAKE Pool

✔️We have launched new BNB (V2) deposit vault with 9 BNB pairs yield-farming pools on Borrow&Farm page which are;

  • BUSD / BNB Pool
  • USDT / BNB Pool
  • BTCB / BNB Pool
  • ETH / BNB Pool
  • CAKE / BNB Pool
  • DOT / BNB Pool
  • UNI / BNB Pool
  • LINK / BNB Pool
  • XVS / BNB Pool

❗️jBNB holders must unstake their jBNB on https://space.btesta.finance/stake-lending , withdraw old BNB (V1) out, and deposit BNB with the new BNB (V2) deposit vault to get ibBNB instead!

✔️We have removed 4 BNB pools out which are;

❌SFP / BNB Pool

❌BRY / BNB Pool

❌BAND / BNB Pool

❌YFI / BNB Pool

✔️We have launched ETH deposit vault with 3 ETH pairs yield-farming pools on Borrow&Farm page which are;

  • WBNB / ETH Pool
  • BTCB / ETH Pool
  • USDC / ETH Pool

✔️We have launched USDT deposit vault with 2 USDT pairs yield-farming pools on Borrow&Farm page which are;

  • WBNB / USDT Pool
  • BUSD / USDT Pool

✔️We have launched USDC deposit vault with 2 USDC pairs yield-farming pools on Borrow&Farm page which are;

  • ETH / USDC Pool
  • BUSD / USDC Pool

✔️We have launched BTCB deposit vault with 3 BTCB pairs yield-farming pools on Borrow&Farm page which are;

  • BUSD / BTCB Pool
  • WBNB / BTCB Pool
  • ETH / BTCB Pool

✔️$BTESTA per block reward have been updated to be;

  • Borrower: 0.07 $BTESTA/Block
  • Lender 0.0875 $BTESTA/Block
  • LP Token 0.7 $BTESTA/Block

✔️Minimum debt update for farming:

  • BNB (V2) vault: 0.2 BNB
  • BUSD vault: 100 BUSD
  • USDT vault: 100 USDT
  • BTCB vault: 0.003 BTCB
  • USDC vault: 100 USDC
  • ETH vault: 0.04 ETH

✔️Interest rate calculation update:

  • Utilization rate 0–50%, interest rate goes from 0%-25%
  • Utilization rate 50–90%, interest rate is fixed at 25%
  • Utilization rate 90–100%, interest rate goes from 25%-100%

✔️Add BTESTA price showing real time on the UI

✔️Trading fee APY is changed to be Trading fee APR instead

For more info👇🏻

🔸Telegram official group: https://t.me/BTESTAfinance
🔸Twitter: https://twitter.com/btesta_finance
🔸Documentation: https://btestafinance.gitbook.io/btesta-finance/

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BTESTA Finance

The real 1st fair-launch leveraged yield farming & lending protocol on Binance Smart Chain