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)

Bonus: Tweet of the Day (sorry Uniswap):