Apple Farm Season 2 has launched on Etherlink with over $3 million in rewards to beef up the Layer 2’s DeFi ecosystem increase, as per the document shared with Finbold on July 24.
The 2nd season follows Season 1, which attracted thousands of customers, generated over $47 million in total designate locked (TVL), and distributed $3 million in XTZ rewards.
Introducing Apple Farm Season 2 🍏🧑🌾
More projects, extra apps, extra DeFi 👀
$3,000,000+ in rewards 🤯
Starting July 24th, safe prepared! pic.twitter.com/uYam2RIbxP
— Etherlink 🔗 (@etherlink) July 14, 2025
Apple Farm is a rewards program that incentivizes customers to snatch part in DeFi applications on Etherlink, alongside side shopping and selling, lending, and providing liquidity. Season 2 introduces applXTZ, a brand new reward token that offers customers immediate safe admission to to 20% of their rewards, with the remaining 80% unlocking over six months.
“Season 1 showed there’s staunch query for clear, successfully-structured incentives,” talked about David Relkin, Head of DeFi at Nomadic Labs. “With Season 2, we’re leveling up, extra partners, extra flexibility, and reward mechanics designed to keep customers energetic and engaged over time. We’re building precise, lasting designate for the ecosystem.”
Original partnerships and trends
Season 2 functions taking part protocols, alongside side Jumper.Substitute, Lombard, Curve, OKU, Gearbox, Stacy.fi, Hanji, Superlend, Uranium.io, and IguanaDEX, with additional protocols joining for the length of the season. Reward opportunities refresh every two weeks in accordance with task and query.
“We’re excited to proceed our partnership with Etherlink via Apple Farm Season 2,” talked about Pablo Veyrat, co-founding father of Merkl, which powers the Apple Farm platform. “This season is extra dynamic, extra accessible, and we mediate it’s going to power even stronger engagement at some level of the board.”
Season 1 peaked at $47.7 million in TVL and $88.5 million in on-chain asset designate. Contemporary network trends embody Midas’ birth of tokenized resources and Oku’s DeFi aggregator, bringing Uniswap v3 functionality. Network efficiency enhancements embody clear contract storage dash increases as a lot as 30x and bridging occasions lowered from 15 days to beneath a minute.
Featured characterize via Shutterstock.
