Welcome to Bacon, Eggs, and DeFi #019. Here's what happened yesterday in the world of DeFi!
DEXes:
1inch Exchange integrated Binance Smart Chain.
Curve Finance deployed to Fantom.
Dexguru added an ordering routing visual.
Lending:
Goldfinch open-sourced its smart contracts.
NFtfi raised $890,000 from investors, including CoinFund, The Lao, and 1kx Network.
Alpha Finance integrated Earn on Compound + ETH, allowing users to lend out assets on Compound, borrow ETH, and deposit into Alpha Homora to earn higher yields.
Asset Management:
NFTX added its PUNK funds and its MASK fund to Sushiswap’s Onsen program.
PoolTogether’s new proposal creation interface is live.
Insurance/Security:
Cover Protocol announced Credit Default Swaps (CDS), an agreement where a CDS seller will pay the buyer in the event of a default or other credit event.
InsurAce Protocol raised $3 million from investors, including Alameda Research, HashKey Capital, and ParaFi Capital.
Prediction Markets:
Polymarket is offering a $250 USDC reward for drafting the best market related to EIP-1559.
Other:
Dollar Protocol will be using Chainlink’s CNY-USD Price Oracle for its new algorithmic stablecoin CNYx.
The DeFi Alliance announced its first fund, DeFi Alliance Fund I, with investors, including Mark Cuban, Susquehanna, and Cumberland DRW.
DeFi Pulse added Keep Network to its dashboard.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)