Wombex Finance is going to multichain expansion with Arbitrum!
Wombex goes Arbitrum
It’s Arbitrum time
Recently, Wombat announced its launch on Arbitrum. We are thrilled to announce that Wombex joins the Arbitrum party and are going to carry on this part together with Wombat.
Wombex Warriors!
It is time to plant the Wombex flag on the Arbitrum land
You could join all Wombex activities on Arbitrum, such as vlWMX staking, liquidity provision, and the WOM Bootstrap Events that will be announced very soon.
Wombex and Wombat use Wormhole to bridge assets and expand operations to Arbitrum.
Why Arbitrum?
Arbitrum is a rapidly-developing rollup solution aimed at scaling Ethereum and providing a highly secure and low-cost execution layer for users and dApp creators. Arbitrum is the most significant L2 solution, recently reaching an incredible $2.22b TVL, overtaking Polygon more than two times.
The Arbitrum community is super active and the number of unique user addresses recently surpassed 4m. The Defi sector is rapidly developing with both Arbitrum-native (Arbitrum Exchange, Camelot) and multi-chain projects (AAVE, Curve, Balancer) joining the game.
Wombat is the BNB-chain native project and the most efficient StableSwap* on the market, joining the Arbitrum now.*in terms of computational efforts (and therefore, gas costs) required for trades execution
Why Wormhole?
Wormhole is the leading interoperability protocol offering transfer of assets and data between chains, facilitating efficient multi-chain dApps operation. A lot of solid protocols trust Wormhole, and Wombex is one of them.
Wombex.finance Arbitrum deployment
Being an essential part of the Wombat ecosystem, Wombex is ready to be deployed on Arbitrum and release all services running live on the BNB chain now, such as veToken accumulation, LPs income boosting, and bribes.
Wombex is #1 in Wombat ecosystem, comparing with other yield aggregators based on the following (essential) metrics:
- The amount of veWOM ownership and WOM LSD (wmxWOM) peg. Wombex clearly leads #WOMWars:
https://www.defiwars.xyz/wars/wombat
2. TVL: Wombex leads the TVL race for yield aggregators built on top of Wombat: $28.24m from total $49.42m in Wombat (57%)
3. The governance power and amount of bribes harvested for vlToken (vlWMX) holders
4. APRs on almost all Wombat pools.5. The number of vlWMX locked by external communities and their members (PancakeSquad, PlanetZuud)
3. The governance power and amount of bribes harvested for vlToken (vlWMX) holders
4. APRs on almost all Wombat pools.5. The number of vlWMX locked by external communities and their members (PancakeSquad, PlanetZuud)
Wombex Plans for Arbitrum deployment:
1. Bridge WMX to Arbitrum using Wormhole [DONE]
2. Launch WMX liquidity pair on leading Arbitrum DEX
3. Wombex core contracts deployment and Gitbook update with contracts addresses
4. Wombex Arbitrum Bootstrap event5. Full launch with boosting of all Wombat Arbitrum pools and bribes
2. Launch WMX liquidity pair on leading Arbitrum DEX
3. Wombex core contracts deployment and Gitbook update with contracts addresses
4. Wombex Arbitrum Bootstrap event5. Full launch with boosting of all Wombat Arbitrum pools and bribes
We would notify the Wombex Warriors community on all important events during the launch.
Stay tuned, the party has just started:)
Stay tuned, the party has just started:)