Bacon, Eggs, and DeFi #052

Recap of Wednesday June 2, 2021

Welcome to Bacon, Eggs, and DeFi #052. Here's a recap of yesterday's DeFi news!

DEXes:

• 1inch Network reached $50 billion in trading volume on Ethereum.

• Sushiswap eclipsed $1 billion TVL on Polygon.

• QuickSwap announced four new assets to its reward pools, including IQ, miMATIC, FF, and Qi.

• vBNT stakers can now delegate their votes to others.

• PancakeSwap’s UI v2 is now live.

• Dfyn started a liquidity mining rewards program for ANY/DFYN. Dfyn will distribute 700 DFYN per day to LPs over the next two months.

Asset Management:

• PoolTogether hinted at an upcoming collaboration with SushiSwap.

Derivatives:

• Opyn unveiled its rebranding.

• Injective Protocol will be expanding to NEAR Protocol.

• Opyn added two new UNI options (a $25 put and a $32 call) with July 2nd expirations.

• Siren Markets added MATIC call options to SIREN Tradewind.

Insurance/Security:

• Halborn Security shared its audit of SushiSwap’s MISO platform.

• PancakeHunny was exploited for 38.9 ETH via a performance fee minting attack.

Other:

• AU21 Capital and Polygon announced a $21 million Polygon Ecosystem Fund.

• DeFi Pulse added Nsure Network to its dashboard.

• Endaoment, an on-chain charity organization, raised $2.5 million from investors, including Framework Ventures, Distributed Global, and DeFi Alliance.

• MetaMask implemented a fix for a zero gas fee issue.

Upcoming Projects:

• AladdinDAO

Stay tuned for the next edition of Bacon, Eggs, and DeFi!

- Austin (@1A1zP1)