Welcome to Bacon, Eggs, and DeFi #039. Here's what happened yesterday in the world of DeFi!
DEXes:
Balancer partnered with Gauntlet Network to enable dynamic-fee AMM pools for Balancer LPs.
Uniswap announced v3, which is expected to launch on May 5.
1inch Exchange partnered with Ren and subsequently started a four-week long liquidity mining rewards program for five pools, including renBTC/BTC, renBCH/BCH, renDBG/DGB, renDOGE/DOGE, and renZEC/ZEC.
Bancor launched gasless voting on Snapshot for vBNT stakers.
Tokenlon DEX reached $10 billion in total transaction volume.
Lending:
UniLend Finance will be launching UFT staking and flash loans on March 30.
Asset Management:
BadgerDAO Sett Vaults are now available on Binance Smart Chain.
Force DAO increased deposit limits for tokens, including 3CRV, DAI, USDC, USDT, ETH/DAI SLP, ETH/USDC SLP, and ETH/USDT SLP to $10 million.
PieDAO launched its PLAY Index, consisting of metaverse related tokens, including MANA, ENJ, SOCKS, RFOX, SAND, AXS, PUNK-BASIC, MUST, NFTX, ATRI, UOS, MASK, RARI, and GHST.
mStable completed its mUSD upgrade.
Rari Capital's ETH pool is now a yield source on PoolTogether.
Derivatives:
Kine Protocol launched staking for ETH, WBTC, USDC, and USDT. Kine will distribute 20,000 KINE per week to users who stake and mint kUSD.
TVL Snacks, a derivatives protocol for TVL-tracking tokens, launched on UMA.
Insurance/Security:
Cover Protocol completed its first buyback by purchasing 2.371 COVER.
Nexus Mutual launched its community grants program.
Other:
Coinbase Pro listed ANKR, CRV, and STORJ.
TronSender, Hashmasks, Enjin, Siren Protocol, and Holdefi were added to DeFi Database.
Magmatic's Alpha version is now live.
Users can now add liquidity to 1inch Exchange pools through Zapper.
Reading List:
Inside the Bakery: How We Build Pies (older but relevant to PLAY)
Stay tuned for the next edition of Bacon, Eggs, and DeFi!