Welcome to Bacon, Eggs, and DeFi #042. Here's a recap of yesterday’s DeFi news!
DEXes:
Integral Protocol launched to mainnet with four initial pools available for yield farming, including WETH/WBTC, WETH/USDC, WETH/USDT, and WETH/DAI.
Convergence Finance shared its roadmap and its four upcoming products, ConvO, ConvX, ConvPool, and ConvDAO.
Bancor users can now add BOND to single-sided liquidity pools.
Lending:
Liquity raised $6 million in its Series A from investors, including Pantera Capital, Nima Capital, and Alameda Research.
Force DAO released details on its upcoming airdrop.
Swivel Finance launched to Kovan Testnet.
Cream Finance added four Pancake Swap LP tokens to its borrowing/lending markets, including CAKE/BNB, BNB/BUSD, BTCB/BNB, and ETH/BNB.
Ruler Protocol will be on-boarding more assets as collateral, including interest-bearing tokens and NFT index funds.
Asset Management:
Derivatives:
Injective Protocol launched Equinox Staking, with the baseline APY set at 15% and the potential to earn up to 29% via boosts.
Perpetual Protocol PERP staking is now live.
Siren Protocol added option markets for UNI, SUSHI, and YFI with one and two-month expirations.
Auctus Project will be making a product announcement on Wednesday.
Insurance/Security:
Enzyme Finance started a bug bounty program on Immunefi. The maximum bounty for discovering a critical vulnerability is $250,000.
Other:
Visa became the first major payments network to allow payment settlements in USDC on Ethereum.
Dharma unveiled an upgraded version of its wallet, allowing users to deposit up to $25,000 per week from their bank directly into Aave, Compound, Yearn, and Uniswap.
DeFi Pulse 88mph’s TVL now includes amounts from Harvest Finance’s CRV/STETH and CRV/RENWBTC pools.
Knit Finance, Ruler Protocol, Kine Protocol, Unifty.io, and BSCView were added to DeFi Database.
Alameda Research minted 1,200 WBTC.
Zapper now supports balance tracking for Unit Protocol.
Origin Protocol announced that Chainlink is now Origin Dollar’s only price feed data provider.
DeFi added WePiggy to its dashboard.
Reading List:
Stay tuned for the next edition of Bacon, Eggs, and DeFi!