Bacon, Eggs, and DeFi #058
Recap of Thursday June 10, 2011
Welcome to Bacon, Eggs, and DeFi #058. Here's a recap of yesterday's DeFi news!
1inch Network released the 1inch Limit Order Protocol, allowing users to buy or sell assets at a specific price.
Uniswap will reduce the proposal submission threshold from 10 million UNI to 2.5 million UNI.
0x and Polygon collectively allocated $10.5 million to the 0x DAO to further grow and develop the Polygon ecosystem.
1inch Network will add Firebird Finance as a liquidity source.
Bancor added support for eight new languages, including French, Portuguese, and Russian.
DODO governance will soon vote on DIP-3, which would allocate 15% of trading fees to vDODO holders (via a buyback) and 5% to the community treasury.
Unbound Finance, a liquidation-free platform for no-interest loans using liquidity pool tokens as collateral, raised $5.8 million from investors, including Pantera Capital, Arrington XRP Capital, and CMS Holdings.
Jet Protocol, a borrowing and lending protocol on Solana, raised $4.8 million in its seed round from investors, including MGNR, Sino Global Capital, and CMS Holdings.
PoolTogether launched a SUSHI rewards pool.
Yearn Finance revealed an experimental WETH vault on Polygon.
dTOP/ETH and DHT/ETH liquidity pools will be launching on Sushiswap on Polygon on June 15. Both pools will be incentivized with SUSHI and MATIC rewards. dHEDGE will also incentivize the dTOP/ETH pool with DHT (users must be staking DHT and have more than 1000 vDHT to qualify).
dForce launched to Arbitrum mainnet.
Index Coops’s ETH2x-FLI and BTC2x-FLI will shift from Compound’s oracles to Chainlink’s oracles for their price feeds.
DEUS Finance will launch on HECO.
Token Terminal launched customized data tables, allowing users to add up to 12 metrics per table.
Tokemak released details of its governance token TOKE.
Coinbase Custody added support for CREAM and ORN.
CoinMarketCap added Quantstamp audit reports to audited project pages.
Malt Protocol released a recap of their launch.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)