Apollo’s Treasure

    Angel Protocol just launched its token sale by community event farming on Farmers Market Apollo DAO. How it works is that people can either deposit their LP tokens to the vault or can zap their $UST into any vault then app will buy LP token for you. Some of the providing LP rewards will be used to buy the $HALO token. For this dashboard, we want to know how much new volume entered Apollo's Treasury so we will take a look at zap into volume. This is because if LP token, users must have used their existing LP token on Terraswap, Apollo Vault etc.

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    On first day of launch, we saw the highest volume zapped into Apollo Farmers Market for $HALO TGE with almost $4M UST zapped into various vaults. On second day, the volume halved but on third day went strong again with almost $3.5M UST. But since then the volume has decreased.

    Looking at zap in volume by vaults, we can see that most of the volume went to stratgy ID 30 and 29 and these two vaults are;

    Strategy ID 30 : Anchor (ANC-UST LP)

    Strategy ID 29 : MINE (MINE-UST LP)

    These two vaults offers the highest APY among other vaults.