Welcome to Bacon, Eggs, and DeFi #029. Here's what happened yesterday in the world of DeFi!
DEXes:
Dex.guru reached $5 million in total transaction volume. In the future, Dex.guru will add support for Matic and Binance Smart Chain and will launch a token.
Paraswap users can now search for tokens by pasting the address into the token search bar.
Convergence Finance’s upcoming IDO will occur on Polkastarter.
Orion Protocol integrated Binance Smart Chain.
Lending:
NFTfi, a marketplace on NFT collateralized loans, added multiple NFTs as collateral, including Beeple Everydays - Raw (The 2020 Collection), NFTrees, and Bullrun Babes.
Inverse Finance is now live on Tally.
Cream Finance shared its audit completed by Trail of Bits on C.R.E.A.M. v1 and v2/Iron Bank.
Asset Management:
Spendless added a Gitcoin Grants Matching Pool Fund. Spendless also hinted it might distribute NFTs to depositors.
PoolTogether’s reserve ratio will increase from 0% to 5%.
DeFi Pulse added data from CoinShares Crypto Gold Index Lite (CGI) to Index Coop’s TVL.
BadgerDAO added bDIGG/ETH and bBadger/ETH to Sushiswap.
dHEDGE will distribute 15,000 DHT per week to sUSD/DHT liquidity providers on Uniswap. Synthetix will also contribute 3,000 SNX per week to LPs over the next ten weeks.
Bond.bet, a protocol for sports betting, no loss lotteries, and prediction markets, is now live. There are two pools, the Community Reward Pool and the BB DAO Staking Pool, currently active.
Sovryn announced its partnership with Liquality.
Derivatives:
Premia Finance shared its audit completed by CertiK. No critical or medium-risk smart contract bugs were discovered.
Insurance/Security:
Unslashed Finance added an ETH-backed insurance policy for USDT protection. The USDT peg loss needs to be greater than 5% over 15 days or more to qualify.
Opium Network added support for WalletLink.
Other:
Frax Finance announced Frax v2 with new features, including the Algorithmic Market Operations Controller (AMO) and improvements to collateral ratios.
Tornado Cash added support for on-chain encrypted backups of private notes.
Lido Finance will distribute 5,000,000 LDO to stETH/ETH liquidity providers on Curve Finance over the next month.
The Block added charts for the Number of Unique Wallets in the Last 7 Days and 30 Days to its data dashboard.
StakeHound will soon add support for stDASH, a wrapped ERC-20 version of DASH.
Zerion added multiple new features, including real-time ETH gas prices, quick search for tokens, and the ability to toggle between currencies.
SharedStake will airdrop 52,000 SGT on April 12 to users who stake 0.1 vETH2 and 10 SGT.
Gasnow.org users can now view gas prices via Gasnow’s Google Chrome extension.
Upcoming Projects:
Sommelier Finance - Multicoin MP Kyle Samani explains Sommelier in this thread.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)