Bacon, Eggs, and DeFi #064
Recap of Thursday June 24, 2021
Welcome to Bacon, Eggs, and DeFi #064. Here's a recap of yesterday's DeFi news!
Pancake Swap’s analytics site now displays 24 hour and 7-day fees earned by liquidity providers.
More than 500,000 vBNT has now been burned through the Bancor Vortex Burner.
Sushiswap will be launching a MEOW token (similar to Yearn’s WOOFY). 1 xSUSHI will equal 100,000 MEOW.
Aave will be using Ethereum Push Notification Service (EPNS) in a pilot program.
QiDao added support for compounding Aave market tokens (camTokens), allowing users to automatically compound rewards from lending on Aave on Polygon.
Notional Finance released a timeline for its v2 launch.
Warp Finance shared its v2 smart contract audits completed by Trail of Bits.
Yearn Finance launched a crvTricrypto yVault, with support for ETH, WBTC, DAI, USDC, and USDT.
BadgerDAO launched five new CRV LP vaults (HBTC, bBTC, oBTC, pBTC, and Tricrypto) with Convex Finance optimizer strategies.
Amun launched two new index products: the DeFi Index Token (DFI) and DeFi Momentum Index (DMX). DFI consists of the top eight DeFi tokens by market cap, while DMX consists of the eight tokens with the highest momentum factors.
Mirror Protocol v2 launched with new features, including pre-IPO assets, incentives for governance participation, and new collateral options.
Ribbon Finance unveiled its new UI.
Risk Harbor, a decentralized insurance platform with automated payouts, raised a $3.25 million seed round from Framework Ventures, Pantera Capital, and Bain Capital Ventures.
ForceDAO launched a bug bounty program on ImmuneFi with a maximum payout of $100,000 for finding a critical vulnerability.
a16z announced the launch of its $2.2 billion Crypto Fund III.
RabbitHole, a platform for participant acquisition, raised a $3.6 million seed round from investors, including Electric Capital, ParaFi Capital, and Framework Ventures.
Circle will soon be releasing a DeFi API, which will allow institutions to access DeFi lending markets with USDC in a secure manner.
Celo users can now trade wrapped Bitcoin (cBTC) on Ubeswap.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)