Bacon, Eggs, and DeFi #016

Recap of February 22, 2021

Welcome to Bacon, Eggs, and DeFi #016. Here's what happened yesterday in the world of DeFi!

DEXes:

• Saddle Finance opened the liquidity pools for anyone to deposit tBTC, WBTC, renBTC, or sBTC.

• DeversiFi implemented Simple Swaps, allowing users to swap assets instantly without gas.

Lending:

• Ruler Protocol shared its smart contract audit by Peckshield.

• Saffron Finance implemented a 6 of 9 multi-sig for control over its smart contracts.

• Alpha Finance and Cream Finance shared their fund repayment plan for the recent exploit.

Asset Management:

• Rari Capital’s Fuse is in the final testing/auditing stages. Rari Capital will share more information shortly.

• Index Coop launched the CoinShares Gold & Cryptoasset Index Lite (CGI). The Index's initial allocation is 50.98% Gold (wDGLD) and 49.02% Crypto (wETH, wBTC).

Derivatives:

• AntiMatter will have a Triple Cross-Chain IDO on February 27. MATTER will be listed on Polkastarter for ETH, Bounce Finance for BSC, and WeStarter for Huobi ECOChain.

• Injective Protocol announced its Equinox testnet staking rewards.

• dYdX raised the minimum limit order trade sizes for the L1 ETH perpetual and the DAI-USDC pair to $40,000 and 100,000 DAI, respectively.

Prediction Markets:

• Catnip Exchange’s Australian Open market resolved to Novak Djokovic.

Other:

• Etherscan users can now view two smart contracts at once to compare code.

• DeFi Pulse added dHEDGE to its dashboard.

• After two months of liquid staking, Lido users have staked 180,998.68 ETH, and Lido has paid out more than 350 ETH in rewards.

• Messari Senior Research Analyst Mira Christanto shared her analysis on How DeFi Exploits Impact Price and TVL.

• Defiprime listed Alpha Homora on its dashboard.

Stay tuned for the next edition of Bacon, Eggs, and DeFi!

- Austin (@1A1zP1)