Welcome to Bacon, Eggs, and DeFi #026. Here's what happened over the weekend in the world of DeFi!
DEXes:
Slingshot will integrate Polygon for its second chain.
Bancor added ENJ to its liquidity mining program.
Dex.guru reached $4 million in trading volume.
Derivatives:
Alchemix Finance reached $500 million TVL in its first week.
Insurance/Security:
Cover Protocol released guidelines for its credit default swaps (CDS).
Delta Financial started a bug bounty program on Immunefi. The maximum bounty for discovering a critical vulnerability is $1,500,000, which is the largest bug bounty on the platform to date.
Opium Network is launching a liquidity mining rewards program for the protection pool with continuous staking and unstaking.
Prediction Markets:
Omen’s market for if ‘Compound, Aave, or dYdX announce a smart contract bug or loss of user funds before December 31, 2020?’ resolved to No.
Other:
Fei Protocol released details for its upcoming Genesis Group on March 22.
Polygon announced Polygon Improvement Proposals (PIPs).
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)