Welcome to Bacon, Eggs, and DeFi #082. Here's a recap of yesterday’s DeFi news!
DEXes:
Clipper launched its Community Liquidity Provision (CLP) on Polygon.
DeversiFi will be airdropping DVF to active users and wallets that held NEC in March.
Lending:
Euler launched its testnet on Ropsten. (If you need Ropsten ETH check out faucet.paradigm.xyz/)
Asset Management:
PoolTogether will be increasing the amount of daily prizes from 817 to 4,096.
mStable proposed a DAO to DAO token swap between itself and Balancer.
Derivatives:
Lyra will conduct a retroactive airdrop to early Discord community members, early traders, and pre-ignition LPs.
Drift Protocol is now live on Solana’s mainnet, allowing users to trade SOL, BTC, and ETH perpetual swaps.
Futureswap users will now receive FST in proportion to the total fees generated by them in a 24-hour time period.
Insurance/Security:
Unslashed Finance launched an OlympusDAO smart contract insurance policy with up to 6,500 ETH of coverage available.
ArmorFi will now be using Tally for its governance.
Other:
Nansen added support for Avalanche, with Hot Contracts, Token God Mode, Wallet Profiler, Smart Alerts, and Watchlist available for users.
📚Reading List:
💸 Fundraising Rounds:
Maven11 raised $120 million for its Venture Fund II.
Platypus, an AMM for stable assets on Avalanche, raised $3.3 million from Three Arrows Capital, DeFiance Capital, and Mechanism Capital.
Ambire Wallet raised $2.5 million from LAUNCHHub Ventures, Ascensive Assets, and Metacartel Ventures.
MetaPool, a protocol for liquid staking on NEAR, raised an undisclosed amount from Dragonfly Capital, A&T Capital, and Move Capital.
Notable Tweets:
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)