Bacon, Eggs, and DeFi #072
Recap of Wednesday July 14, 2021
Welcome to Bacon, Eggs, and DeFi #072 Here's a recap of yesterday’s DeFi news!
DEXes:
Quickswap added MBTM, FEAR, DGB, and NEXO to this week’s reward pools.
BancorDAO whitelisted sBTC.
Lending:
There is a new proposal on Compound to add AAVE, MKR, SUSHI, and YFI markets.
Stani Kulechov said a new version of Aave is in audit.
Asset Management:
Enzyme will integrate Badger Sett Vaults.
Harvest launched five new vaults for Balancer pools, including WBTC/WETH, BAL/WETH, WETH/DAI, USDC/WETH, and WETH/USDT.
Derivatives:
Ribbon launched the yvUSDC ETH Put Selling Vault.
Insurance/Security:
Cover added a new coverage pool for “blue-chip” protocols, including Curve, Yearn, Bancor, Aave, Compound, Balancer, and Uniswap.
AscendEX, BProtocol, and Holdefi started bug bounty programs on ImmuneFi with maximum payouts of $20,000, $100,000, and $150,000 for finding a critical vulnerability.
Other:
Phantom raised $9 million in its Series A from investors, including a16z, Variant, and Jump Capital.
Zapper users can now track Uniswap v3 positions on Optimism.
DeFi Pulse added DFX Finance to its dashboard.
OlympusDAO deployed $1,000,000 in DAI from the treasury into Aave.
TokenTax added support for Aave on Polygon.
CertiK raised a $37 million Series B from investors, including Coatue Management, Shunwei Capital, and Coinbase Ventures.
There is now more than 1 million Optimistic DAI (oDAI).
Reading List:
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)
