VyFinance Debuts cstAPEX to Link Cardano DeFi With EVM Networks
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Despite the current slowdown in the crypto market, Cardano’s decentralized finance (DeFi) ecosystem is taking another step toward a multi-chain future. VyFinance, one of the network’s most comprehensive DeFi protocols, has unveiled cstAPEX, a staked version of the APEX token offering up to 10% annual yield (APY) and replicating the returns available from staking APEX on Prime. The new token represents a significant milestone for Cardano’s DeFi sector, which has been steadily working to extend its reach beyond the network’s native UTxO-based infrastructure. A Staked Token Designed for Cross-Chain Expansion Built entirely on Cardano, cstAPEX aims to bridge the
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1d ago•
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