Bacon, Eggs, and DeFi #057
Recap of Wednesday June 9, 2021
Welcome to Bacon, Eggs, and DeFi #057. Here's a recap of yesterday's DeFi news!
Curve Finance released v2, allowing users to swap between non-stable assets. Users can swap between USDT, wBTC, and ETH on Ethereum and DAI, USDC, USDT, wBTC, and WETH on Polygon at launch.
Alpha Homora announced liquidity rewards for v1 and v2 on Ethereum and v1 on BSC. Over the next two weeks, 6 million ALPHA will be distributed to Ethereum LPs, and 320,000 ALPHA will be distributed to BSC LPs.
bZx’s Fulcrum and Torque launched on Polygon.
88mph unveiled its revamped UI.
BadgerDAO’s Bitcoin Bridge reached $200 million in volume since its launch.
Ribbon Finance doubled its ETH Theta Vault capacity to 10,000 ETH.
Hedget released BNB options, allowing users to buy low, medium, or high-risk puts and calls that expire on June 11.
Divergence Protocol raised $2.9 million in its seed round from investors, including Mechanism Capital, KR1, and Focus Labs.
Ruler Protocol launched Options View, allowing users to view PUT options prices.
As part of its El Salvador release, Kwenta added candlesticks and classical pair charts to its UI.
MCDEX started a bug bounty program on Immunefi. The maximum bounty for discovering a critical vulnerability is $100,000.
Solana Labs raised $314.15 million in a private token sale from investors, including a16z, Polychain Capital, and Alameda Research.
DeFi Pulse added Alchemix’s alUSD to its Crypodollars page.
Tornado Cash will launch on Binance Smart Chain.
AnySwap v3 launched liquidity rewards for USDC stakers on Polygon. 1,000 ANY per day will be distributed to LPs.
Ledger raised $380 million in its Series C from investors, including 10T Fund, Tekne Capital, and Uphold Ventures.
OlympusDAO and Frax Finance will be partnering to launch a dual-incentivized OHM/FRAX pool on Uniswap.
DeFi Pulse added Crypto Volatility Index (CVI) to its dashboard.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)