Bacon, Eggs, and DeFi #013
Recap of February 17, 2021
Welcome to Bacon, Eggs, and DeFi #013. Here's what happened yesterday in the world of DeFi!
Bancor Vortex is now live, allowing users to borrow against their staked BNT.
PancakeSwap reached $2 billion TVL.
1inch Exchange has processed more than 800,000 transactions.
Curve Finance has distributed more than $2.5 million in fees to veCRV stakers this week.
0x provided a recap of its ecosystem.
Messari Senior Research Analysts Ryan Watkins and Mira Christanto dive into DeFi lending protocol valuations.
88mph is now a member of Alchemy's Certified Infrastructure Alliance.
Hifi Finance launched the beta version of its fixed-rate lending protocol.
Indexed Finance will be releasing the Oracle Top 5 index (ORCL5), consisting of Chainlink (LINK), UMA (UMA), Band Protocol (BAND), Oraichain Token (ORAI), and API3 (API3).
Enzyme Finance added support for ALPHA.
PoolTogether launched their governance token POOL. 14% of the total 10,000,000 token supply was distributed to 17,072 addresses, who used the protocol before January 14, 2021.
Instadapp announced DeFi Smart Layer, an infrastructure layer for DeFi consisting of smart accounts, protocol connectors, and an authorization framework.
BadgerDAO generated $5.8 million in revenue over the last 2.5 months.
Vesper Finance's VSP token and vVSP pool are now live.
Origin Protocol has a public GitHub repository containing DeFi incident reports on Cover Protocol, Saddle Finance, and Alpha Homora v2 (to name a few)
Catnip Exchange's Australian Open market is the first of its' prediction market to use Balancer smart pools to protect liquidity providers.
Empty Set Dollar is migrating to a two-token model with the introduction of Continuous ESD.
Reflexer Labs' RAI is now live.
CoinGecko listed NFTX's (NFT Index Funds on Ethereum) Punk Basic (PUNK-BASIC).
Bitwise is launching The Bitwise DeFi Crypto Fund, which will be open to accredited investors. The fund initially includes Uniswap (UNI), Aave (AAVE), Synthetix (SNX), Maker (MKR), Compound (COMP), UMA (UMA), Yearn.Finance (YFI), 0x (ZRX), and Loopring (LRC).
BoringDAO v2 is now live with a new Litecoin tunnel, governance model, and UI.
DeFi Pulse added Linkswap to its dashboard.
Gemini dollar's (GUSD) market cap passed $100 million.
Babylon Finance - Community owned and managed funds
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)