Bacon, Eggs, and DeFi #053
Recap of Thursday June 3, 2021
Welcome to Bacon, Eggs, and DeFi #053. Here's a recap of yesterday's DeFi news!
Integral increased trading fees for its stablecoin pairs (USDC/USDT, DAI/USDC, and DAI/USDT) from 2bps to 15bps.
Matcha released v2 with new features, including a fiat on-ramp with MoonPay, support for Polygon, and Matcha OTC.
Integral will be moving its token generation event to June 11.
Rari Capital users can now borrow USDC using PcUSDC from PoolTogether as collateral.
BadgerDAO is partnering with Polygon to increase BTC adoption on the network, starting with launching an ibBTC/WBTC Sushiswap pool on June 7.
dYdX launched a UMA/USD Perpetuals Market with up to 10x leverage.
Ribbon Finance’s first governance proposal (RGP-1) passed, changing the feeRecipient address to the vault address. More than 360 addresses participated in the governance vote.
MCDEX v3 launched to Arbitrum developer mainnet.
dYdX shared a dashboard of some of its Layer 2 metrics.
Sherlock raised $1.5 million in a pre-seed round from investors, including IDEO CoLab Ventures, A.Capital Ventures, and Scalar Capital.
Maven 11 Capital announced it raised €40 million for its second fund, which will focus on DeFi and Web3. The total target size of the fund will be €50 to €75 million.
RenVM integrated Avalanche as its third chain. The initial assets supported will be BTC, ZEC, BCH, and DOGE.
Impossible Finance raised $7 million from over 125 investors, including True Ventures, CMS Holdings, and Alameda Research.
Okcoin integrated Polygon, allowing users to withdraw select assets to Polygon.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)