Zomma Protocol is the first options trading platform on ZKsync, has been in the top 15 DeFi applications for over two and a half years, and is a valued member of the Paymaster Alliance. Now, Zomma is officially launched on the Arbitrum ecosystem, and after its launch, it has continuously achieved top three results in TVL growth.
Zomma aims to combine traditional financial (TradFi) options with the characteristics of DeFi to improve capital efficiency and ensure maximum returns. Zomma aims to become the core powerhouse of on-chain financial products and achieves this vision by providing a diverse product line including fixed income, innovative staking, option vaults, and European options.
Zomma Stake to Earn Festival is officially launched, get up to 50% APY!
Celebrating the launch of Zomma Protocol into the Arbitrum ecosystem, you can now become a Zomma Liquidity Provider (LP) and receive up to 10x $ZY rewards, APY up to 30% (based on ZKsync’s past performance), and overall income up to 50% APY.
Step 1: Select the BTC/ETH trading pair and evaluate the current status of the liquidity pool
After logging into Zomma's "Earn" page, you will see various asset pairs and their total locked value (TVL), annualized yield (APY) and price per share (Price Per Share).
You can choose a suitable pool based on your asset allocation and risk preference. Pools with higher TVL are more stable against large inflows or outflows, while pools with higher APY have higher return potential.
Step 2: Deposit and provide liquidity
Click "Add" and enter the amount you want to stake. Please make sure you have enough funds in your wallet to pay gas before proceeding. You can choose a preset investment ratio, such as 25%, 50%, 75% or the maximum amount, so you can quickly adjust your investment amount.
Step 3: Confirm expected returns and risks
Before confirming the deposit, the system will display the corresponding share you will receive, the estimated annualized return, and the required gas. As these data are updated in real time, it is recommended to double check before submitting to avoid market fluctuations affecting your portfolio.
Step 4: Revenue Management
You can check your shares, current asset value and accumulated income at any time on the "My Liquidity" page.
Zomma also provides a “Withdraw” option, allowing you to withdraw some or all of your pledged assets at any time when needed. It is recommended that you check your returns regularly and adjust your asset allocation according to market conditions.
Up to 50% APY bonus potential
By providing liquidity on Zomma, you can earn both the platform’s trading fees and $ZY rewards, which is a relatively solid strategy for users who don’t plan to trade assets in the near future. Based on pool performance running for a year on ZKsync, Zomma has achieved 30% APY, so on Arbitrum, has the potential to reach a total of 50% APY!
Zomma Stake to Earn Festival Quick Guide
Log in to Zomma's "Earn" page immediately, select the appropriate BTC/ETH trading pair, and evaluate the liquidity pool status.
Deposit based on your asset allocation and risk appetite, choose an appropriate pledge amount, and make sure there are enough funds in your wallet to cover gas.
Confirm expected returns and risks, and carefully review shares received and estimated annualized returns before submission.
Check your income and asset allocation regularly, and use the "Withdraw" option to withdraw pledged assets at any time if necessary.
Start Uptober Zomma Earning!
This Article On-Chain Option Zomma Protocol Launches on Arbitrum! Start Zomma Liquidity Staking and Get Up to 50% APY first appeared on Chain News ABMedia.
