Welcome to Bacon, Eggs, and DeFi #074. Here's a recap of yesterday’s DeFi news!
DEXes:
Integral reduced its fees on stablecoin pairs (USDC/USDT, DAI/USDC, and DAI/USDT) to 0.01%.
1inch updated its mobile wallet with new features, including a browser with web3 support, a list of recently deleted wallets, and improved Flashbot transaction support.
DinoSwap reached $400 million TVL and launched a DINO extinction pool.
DODO will complete its first DODO buyback on July 22, following the passage of DIP-3.
Lending:
Ruler completed its third burn of 800 RULER.
Asset Management:
Visor raised $3.5 million from investors, including 1confirmation, Digital Currency Group, and Blockchain Capital.
Llama submitted a proposal on Index Coop’s governance forum to launch the Llama Diversified Index (LDI), a diversified index with exposure to stablecoins, BTC, ETH, DeFi, Metaverse, and Web3 infra assets.
SPICE DAO added BAL to the SCIFI index.
Vesper launched a vaDAI pool, its first aggressive pool targeting higher yields through lower collateralization ratios, potential exposure to higher price swings, and potential interactions with newer protocols (with untested code).
Derivatives:
Other:
Grayscale will be launching a DeFi fund and index.
DeFi Pulse added QuickSwap to its dashboard.
L2Beat updated its website to include TVL denominated in ETH, individual token balances on a project’s page, and dark mode.
Lido launched its referral program, rewarding users 15 LDO for every ETH staked using their referral link.
Empty Set (formerly known as Empty Set Dollar) renamed its stablecoin to Digital Standard Unit (DSU) and its governance token to Empty Set Share (ESS).
Reading List:
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)
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