Welcome to Bacon, Eggs, and DeFi #038. I took the weekend off from writing to celebrate my birthday, but now the newsletter will return to its regular schedule. Here's what happened yesterday in the world of DeFi!
DEXes:
Loopring added four new tokens, including ALCX, BCDT, FLI, and JRT.
ComethSwap reached $1,000,000 in daily volume for the first time. ComethSwap also started a liquidity mining rewards program for 15 pools.
Uniswap shared a cryptic video announcing v3.
Anyswap integrated Polygon as its first Layer 2 bridge.
1inch Exchange started a new liquidity mining rewards program for its 1INCH/ICHI pool. 150,000 1INCH and 75,000 ICHI will be distributed to LPs over the next 20 weeks.
Sushiswap integrated Anyswap's cross-chain bridge.
Lending:
RULER holders can now stake their tokens on Ruler Protocol to get xRULER.
Cream Finance added PERP as collateral.
Horizon Finance's beta version is now live with two markets (yyCRV and xSUSHI).
Alpha Homora added two leveraged BSC yield farming pools, including BNB/UNI and BNB/YFI. Both pools support 3x leverage.
Asset Management:
Data for Index Coop's Flexible Leverage Index (FLI) was added to its Dune Analytics dashboard.
VesperFi reached $1 billion TVL.
Derivatives:
Opyn adjusted its USDC liquidity mining rewards program with new changes, including making rewards claimable every four weeks.
Users can now view Kwenta shorting rewards for sBTC and sETH in-app.
Opium Finance added support for MyEtherWallet.
Insurance/Security:
Horizon Finance started a bug bounty program on Immunefi. The maximum bounty for discovering a critical vulnerability is $400,000.
Unslashed Finance's governance forum and scattershot voting page are now live.
Other:
Connext, a cross-chain liquidity network, raised $2.2 million in its seed round from investors, including Polychain Capital, 1kx, and Huobi Capital.
Zebu Fund, QIAN Stablecoin Protocol, bStable, 0x1 Finance, and My Neighbor Alice were added to DeFi Database.
Gemini listed DeFi tokens, including BNT, 1INCH, LRC, and GRT.
Reading List:
Upcoming Projects:
Stay tuned for the next edition of Bacon, Eggs, and DeFi!