Bacon, Eggs, and DeFi #069
Recap of Thursday July 8, 2021
Welcome to Bacon, Eggs, and DeFi #069. Here's a recap of yesterday’s DeFi news!
Balancer launched stable pools on v2. The initial two pools are staBAL3-BTC (WBTC/renBTC/sBTC) and staBAL3-USD (DAI/USDC/USDT).
Saddle passed $300 million in total trade volume.
0xMaki proposed selling up to $60 million SUSHI via a treasury diversification.
Bancor whitelisted CRO.
BadgerDAO’s five new CRV LP vaults are now live with no cap restrictions.
DinoSwap will be launching on Polygon on July 15th, with yield farming following on July 17th.
Since launching three weeks ago, Volmex has reached $1 million TVL and $300,000 in trading volume.
Ribbon will be increasing vault caps by 25% and enforcing a $500,000 per address deposit cap after RGP 2.1 passed.
Nexus Mutual reached 5,000 covers sold.
Lithium, a protocol for pricing illiquid assets, raised an additional $2.6 million.
Bounce will soon be releasing Toolbox, its fourth component, which contains developer tools for decentralized auctions, UI kits, API access to Bounce NFTs, and open-source smart contracts.
The Graph launched curation, Graph Explorer, and Subgraph Studio.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)