Bacon, Eggs, and DeFi #077

Recap of Thursday July 22, 2021

Welcome to Bacon, Eggs, and DeFi #077. Here's a recap of yesterday’s DeFi news!

Lending:

  • KeeperDAO’s Hiding Vault reached $100 million TVL.

Asset Management:

  • Index Coop launched the Bankless BED Index, which is equally composed of BTC, ETH, and DPI.

  • PoolTogether’s Prize Splits are now live, allowing portions of the prize pool to be directed to multiple addresses.

Derivatives:

  • Charm launched a WBTC/USDC Alpha Vault with a $2 million deposit cap.

  • As part of the Paris Release, Kwenta is now live on the Optimistic Kovan testnet.

Insurance/Security:

  • Hats launched a bug bounty program for its vault on Rinkeby with a reward of 50,000 USDC for finding a vulnerability.

  • THORChain was exploited for $8 million.

Other:

  • Thesis, the venture studio behind Fold, Keep Network, and Saddle, raised a $21 million Series A from investors, including ParaFi Capital, Nascent, and Fenbushi Capital.

  • BitGo now supports DPI.

  • Nansen added four Polygon dashboards, including Hot Contracts, Token God Mode, Wallet Profiler, and Smart Alerts.

  • Binance US listed SUSHI.

Reading List:

Stay tuned for the next edition of Bacon, Eggs, and DeFi!

- Austin (@1A1zP1)