Bacon, Eggs, and DeFi #048
Recap of April 5 and 6, 2021
Welcome to Bacon, Eggs, and DeFi #048. Here's a recap of the past two days’ DeFi news!
Kyber Network’s Dynamic Market Maker (DMM) launched to mainnet.
Metamask Swaps are now available to Android and iOS users.
Integral Protocol will be launching an ETH/LINK pool.
Liquity, an interest-free borrowing protocol, launched to mainnet.
Cream Finance’s Iron Bank reached $350 million TVL.
OCEAN was added to Cream Finance’s borrowing/lending markets.
Ruler Protocol reached $100 million TVL.
BadgerDAO plans on launching its single asset WBTC vault this week.
Index Coops’ Flexible Leverage Index (FLI) reached a $15 million market cap.
Yearn Finance reached $2.5 billion TVL.
Rari Capital integrated Chainlink’s price feeds for its Fuse pools.
dYdX launched its Layer 2 (Starkware) cross-margined Perpetuals.
UMA Protocol partnered with Sushiswap to create xSUSHI options. The first call option has a strike price of $25 and expires on May 31, 2021.
CompliFi announced the launch of its governance token COMFI.
Injective Protocol launched governance for its spot markets, allowing users to propose/vote on new spot market listings.
SharedStake shared its audit completed by CertiK.
Nsure Network reached $5 million TVL.
NEAR Protocol launched Rainbow Bridge, allowing ERC-20 tokens to be bridged to NEAR and vice versa.
Fei Protocol patched a vulnerability affecting the Fei incentive calculation.
ChainSwap raised $3 million from investors, including Alameda Research, OK Block Dream Fund (OKEx), and NGC Ventures.
TokenTax added historical support for Bancor.
Cryptio, a crypto accounting platform, raised $1.2 million in its seed round from investors, including Draper Associates, ConsenSys Ventures, and Outlier Ventures.
Zerion now supports balances for Alpha Finance’s ibTokens.
Augur users can swap their REP to REPv2 in a new migration portal.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!