Bacon, Eggs, and DeFi #051
Recap of Tuesday June 1, 2021
Welcome to Bacon, Eggs, and DeFi #051. Here's a recap of yesterday's DeFi news!
Integral reached $100 million in total volume.
Curve reduced trading fees from 0.04% to 0.03% on Polygon.
MyCrypto integrated 0x API, allowing users to swap tokens on Ethereum, Polygon, and Binance Smart Chain directly on the site.
Cream Finance added yVault tokens yUSD and yvWETH to its borrowing/lending markets.
dYdX reached $2 billion in volume on its Layer 2 Perpetuals.
Pods Finance released a demo version on Polygon with a TVL cap of $200,000. There will be two initial options - MATIC and LINK - with expiration dates on June 11, 2021.
Synthetix added support for staking on mobile.
Bridge Mutual increased its smart contract bounties (including to $70,000 for a critical vulnerability) on ImmuneFi.
Unslashed Finance allocated 4,000 ETH from the Spartan Bucket to Enzyme Finance, earning CRV and LDO from staking steCRV in the gauge on Curve.
Lossless announced its partnership with Hacken.
DEFIYIELD released a smart contract audit archive.
The Spartan Group raised $110 million for its next DeFi venture fund.
Zapper introduced Rewards, Quests, and Experience as a rewards system for its community.
Composable Finance raised $7 million from investors, including Advanced Blockchain AG, Rarestone Capital, and Hypersphere Ventures.
Dune Analytics released a video tutorial series on YouTube.
Bitwise added MATIC to the Bitwise 10 Large Cap Crypto Index as part of its monthly rebalance process.
Lithium Finance raised $5 million in its seed round from investors, including Pantera Capital, Hashed, and Alameda Research.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)