Bacon, Eggs, and DeFi #017
Recap of February 23, 2021
Welcome to Bacon, Eggs, and DeFi #017. Here's what happened yesterday in the world of DeFi!
Brave will be launching a new DEX aggregator with multi-chain support and trading discounts for BAT hodlers.
Dexguru reached $1 million in trading volume following its beta launch last week.
Balancer is partnering with Aave to allow idle assets in Balancer pools to earn yield.
Convergence Finance raised $2 million from investors, including Hashed, Alameda Research, and NGC Ventures.
The Block Research Analyst Mika Honkasalo shared his analysis titled Uniswap: information, guesses, and thoughts about v3.
Jeremy Kerbel, CIO of Kerve Capital, recapped an AMA from Saffron Finance’s anonymous founder psykeeper (@psykeeper_).
Centrifuge raised $4.3 million via a Simple Agreement for Future Tokens (SAFT) from investors, including IOSG Ventures, Galaxy Digital, and HK Trading Limited.
NFTX added a Bullrun Babes floor price fund.
The final vote to add DeFi Pulse’s Flexible Leverage Index (FLI) to Index Coop passed.
Zapper users can now deposit any token into liquidity pools or vaults even if it isn’t the underlying token of the LP/vault. Zapper will automatically swap the token before being deposited.
Index Coop launched a DPI prize pool on PoolTogther. Users who deposit DPI will have a chance to win 100 INDEX every week for the next month.
Primitive Finance released an in-depth postmortem on its recent white hack.
Reflexer Finance announced the first external bounty to build on UMA. The winner will receive $2000 in ETH for “building a synthetic asset tracking the Kovan RAI redemption rate movements.”
Stakewith.us is joining Injective Protocol as a genesis validator.
Opium Network’s team and early investors will be extending their OPIUM vesting schedule.
Cover Protocol released an overview of Cover v2.
Fuse Network began a bug bounty program on Immunefi, with a maximum bounty of $25,000 for a critical vulnerability.
Lido Finance purchased 196,749.86 stETH of slashing coverage from Unslashed Finance to protect against up to 5% in slashing penalties.
Nexus Mutual launched a bug bounty program on Immunefi. The maximum bounty is $50,000 for discovering a critical vulnerability.
Tether/Bitfinex settled with the New York State Attorney General. Tether/Bitfinex will admit to no wrongdoing and pay $18.5 million to settle the case.
DeFi Pulse launched a Cryptodollars page, allowing users to view tokenized dollars on Ethereum. The page will not contain algorithmic stablecoins at launch.
Etherscan added Smart Contract Search, allowing users to search for smart contract source code and filter by various options.
Wong Joon Ian (@joonian) launched nontechnicalcrypto.careers, a website oriented for those looking to get into crypto but who don’t have technical backgrounds.
Defiprime added Rari Capital to its dashboard.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)