Bacon, Eggs, and DeFi #037
Recap of March 19, 2020
Welcome to Bacon, Eggs, and DeFi #037. Here's what happened yesterday in the world of DeFi!
1inch Exchange added Belt Finance as a liquidity source for stablecoins, including DAI, USDC, USDT, and BUSD.
Hayden Adams has once again suggested Uniswap v3 could be announced soon.
1inch Exchange integrated vSwap and vPegSwap from Value DeFi as liquidity sources.
PeckShield and BEOSIN audited DODO’s Crowdpooling smart contracts.
B.Protocol reached $120 million TVL.
MakerDao added an executive vote to its voting portal to increase the ETH-A and WBTC-Amaximum debt ceilings and increase Dust Parameters for most vaults.
Cream Finance will add RUNE as collateral.
SCIFI Finance will add SNOW and FTT to its SCIFI index on March 19, following its third rebalance vote.
BadgerDAO will be moving to Badger.com after BIP 43 passed.
Force DAO’s deposit limit for assets, including 3CRV, DAI, USDC, USDT, ETH-DAI-SLP, ETH-USDC-SLP, ETH-USDT-SLP, was raised from $5 million to $7.5 million.
xCOVER holders can now vote on Cover Protocol proposals.
Bounce Finance raised a new funding round from investors, including Coinbase Ventures, Pantera Capital, and Blockchain Capital.
There are now 10 million USDC in circulation.
Polymarket added a new market for whether Kygo’s upcoming drop on Nifty Gateway will generate more than $5 million in sales.
TokenTax added historical support for mStable.
Zapper integrated support for Pancake Swap’s pools.
Anchorage added institutional custody support for HEGIC, RLY, and RAD.
Chart of the Day:
Today's chart shows indices' performance from Index Coop, Indexed Finance, PieDAO, and PowerPool compared to WBTC and WETH. Over the past month, holding WBTC would have been the best strategy with a 12.3% return.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!