VyFinance launches cstAPEX: A Staked APEX Token on Cardano

VyFinance has launched cstAPEX, a new staked APEX token built on the Cardano network. This launch mirrors the 10% APY yield offered by staking APEX on Prime, providing users with similar returns and laying the groundwork for interoperability across multiple blockchain ecosystems. 🤝 The move strengthens Cardano’s high-assurance, UTxO-based ecosystem while paving the way for wider participation in the multi-chain DeFi landscape via Apex Fusion, a protocol designed to connect Cardano to EVM-compatible chains.