Welcome to Bacon, Eggs, and DeFi #030. Here's what happened yesterday in the world of DeFi!
DEXes:
Bancor users can now buy or sell ETH in-app through MoonPay.
DODO has recovered all but $200,000 (currently frozen on an exchange) of funds from its recent exploit.
ZKSwap will distribute 1993 NFTs to the community as part of its launch on Binance Smart Chain.
Convergence Finance released its token details. There will be 10 billion CONV with only 448 million available at launch.
BadgerDAO plans on launching a Layer-2 DEX for tokenized Bitcoin in Q2 of 2021.
Lending:
88mph will distribute 1,888 MPH to MPH/ETH LPs on Uniswap over the next two weeks.
Inverse Finance users can now borrow ETH by using DOLA as collateral.
Asset Management:
Indexed Finance will resume NDX staking rewards for the DEFI5/ETH, CC10/ETH, ORCL5/ETH pools on Saturday.
Idle Finance’s governance is now live on Tally.
PowerPool announced the launch of its Management Board.
BadgerDAO released its roadmap with plans to integrate a Ren BTC Bridge and Badger Zaps. Additionally, Badger will be releasing CLAWS and upgrading DIGG.
Derivatives:
Shorting sETH and sBTC is now live on Kwenta, with 16,000 SNX to be distributed as rewards.
Alchemix Finance’s first governance vote is live. ALCX holders can vote on changing the emissions schedule for ALCX to increase rewards for token holders.
Kine Protocol launched KINE via a Balancer Liquidity Bootstrapping Pool.
Ribbon Finance announced Theta Vault, an on-chain automated options vault for ETH and WBTC.
Insurance/Security:
EDDASwap and HOPR started bug bounty programs on Immunefi. Both bug bounty programs have a maximum bounty of $50,000 for discovering a critical vulnerability.
Other:
Dynamic Set Dollar (DSD) released the roadmap of DSD v2, which is expected to launch on April 4.
MATIC, SKL, and SUSHI launched on Coinbase.
Zapper now supports in-app staking for ALCX, alUSD, and ETH/ALCX.
Staking for BASE/USDC on Value DeFi is now active.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)