Bacon, Eggs, and DeFi #065
Recap of Monday, June 28, 2021
Welcome to Bacon, Eggs, and DeFi #065. Here's a recap of yesterday's DeFi news!
1inch’s Limit Order Protocol reached $10 million in 24-hour volume.
Kyber’s Dynamic Market Maker (DMM) passed $100 million in trading volume.
Compound announced Compound Treasury, a way for institutions and other businesses to access high yields (4%) on USDC in a secure and simplified manner.
Cream Finance added WOO to its Ethereum borrowing and lending markets.
Alpha Homora v2 introduced a basic farming mode, which automatically calculates the borrowing allocation to minimize losses from slippage.
NFTX v2 launched with multiple new features, including target redemptions, vault token flash loans, and custom eligibility modules for vaults.
Popsicle Finance added four new Uniswap V3 pools to Sorbetto Fragola, including ETH/USDT 0.05%, ETH/USDC 0.05%, WBTC/ETH 0.05%, and WBTC/USDC 0.3%.
Pickle Finance launched on Polygon with eight weeks of liquidity incentives, including 12,500 MATIC per week and 0.1 PICKLE per block.
50 million CRV are now locked in Convex Finance.
Pancake Bunny launched a bug bounty program on ImmuneFi with a maximum payout of $500,000 for finding a critical vulnerability.
Elias Simos shared a new Dune Analytics dashboard for Nexus Mutual.
Tornado Cash will likely be launching on Polygon, assuming the community chooses to deploy the contracts.
DeFi Pulse added Fei Protocol to its dashboard.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)