Welcome to Bacon, Eggs, and DeFi #022. Here's what happened yesterday in the world of DeFi!
DEXes:
1inch Exchange added JulSwap as a liquidity provider for its Binance Smart Chain integration. 1inch will also be partnering with Bitquery for real-time trading data feeds.
Matcha now supports 0x v4.
Bancor added GRT to its liquidity mining program.
Loopring passed 1 million in total transactions.
Convergence Protocol released its litepaper.
Lending:
Saffron Finance opened its BSC v2 beta to everyone who signed up.
Unit Protocol reached $100 million TVL.
Alpha Homora will be launching on Binance Smart Chain.
B.Protocol integrated Compound Finance.
Asset Management:
PowerPool launched Yearn Lazy APE Index, which comprises five v1 Yearn Vaults’ LP tokens, including y3Crv, yvgusd3CRV, yvcDAI/cUSDC, yyDAI/yUSDC/yUSDT/yTUSD, and yyDAI/yUSDC/yUSDT/yBUSD.
Spendless app released new features, including Calculator-mode, removing Yearn vaults, a wallet preview, and faster loading times.
Indexed Finance users can now stake ETH/DEGEN Uniswap v2 LP tokens. Indexed Finance will distribute 50,000 NDX to stakers in March, with rewards progressively declining over April and May.
Derivatives:
Derivatives DEX Kine Protocol raised $7 million from investors, including Alex Pack, Naval Ravikant, and OKEx.
Insurance/Security:
Certora audited origin Protocol’s OUSD.
Other:
Binance announced its investment in Multicoin Capital.
Fantom raised $20 million from BlockTower Capital.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)