Bacon, Eggs, and DeFi #028

Recap of March 9, 2021

Welcome to Bacon, Eggs, and DeFi #028. Here's what happened yesterday in the world of DeFi!

DEXes:

• Quickswap’s first governance vote is live. QUICK holders can vote on redirecting 0.05% of the 0.30% trading fees to stakers and the QS Foundation Fund.

• Bancor added ALPHA to its liquidity mining program.

• 1,139,456.20 USDT and 411.05965 ETH (~$1.89 million) were recovered from DODO’s recent exploit.

• More than 11,000 users have signed up for Slingshot’s waitlist.

• 1inch Exchange eclipsed $25 billion in total transactional volume.

Lending:

• MakerDAO is launching DAI on Optimism.

• B.Protocol reached $40 million TVL.

• Ruler Protocol’s discussion forum is now live.

Asset Management:

• Vesper Finance passed $500 million TVL.

• PoolTogether launched Custom Yield Sources, allowing pools to integrate yield sources beyond Compound.

• mStable reached $60 million TVL.

• dHEDGE added multiple new features, including additional performance metrics, a pool stats section, and replies to public pool posts.

• NFTX launched permissionless fund creation for ERC721/1155 NFTs.

Derivatives:

• Antimatter announced ChainSwap, a cross-chain bridge for BSC, ETH, HECO, and other chains. OptionRoom will be the first project to be integrated.

• uSTONKS, an index tracking the performance of the ten highest sentiment stocks on r/WSB, is now live on degenerative.finance.

• Hedget will be launching on Clover Finance.

Insurance/Security:

• Armor.Fi launched Smart Cover System, allowing users to connect their wallet address and add coverage for the tokens of their choice.

Other:

• Coinbase Pro is adding support for MATIC, SKL, and SUSHI.

• DeFi Pulse added yAxis to its dashboard.

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

- Austin (@1A1zP1)