Bacon, Eggs, and DeFi #084

Recap of Tuesday, December 7, 2021

Welcome to Bacon, Eggs, and DeFi #084. Here's a recap of yesterday’s DeFi news!

DEXes:

• ZigZag added DAI/USDC and DAI/USDT as trading pairs.

• Kyber DMM relaunched as KyberSwap.

• CowSwap reached a new ATH of $90.7 million 24 hour trading volume.

Lending:

• Euler launched a new podcast called DeFi 2.71.

Asset Management:

• Tesseract launched upgraded versions of its USDC, DAI, WETH, and WBTC vaults with $250,000 deposit caps and also added a WMATIC vault.

Derivatives:

• Float Capital launched on Avalanche with a 2x leverage (long or short) AVAX market.

Bridges:

• Hop Protocol added a dark mode.

Other:

• Mean Finance released the beta version of v2 on Optimism.

• Argent launched Argent X, a new StarkNet wallet.

• Olympus Pro announced its newest cohort of launch partners, including Keep3r Fixed Forex, THORswap, Ichi, Sandclock, Unslashed, and Gelato.

• Eric Schmidt, Google’s former CEO, joined Chainlink Labs as a strategic advisor.

📚Reading List:

• Introducing Primitive

• L1 vs L2: Entering The Endgame

Key Tweets:

mewny @mewn21

retroactive airdrop playbook: 1. determine sybil reducing criteria 2. announce asap that wash trading will not be rewarded so ppl dont lose on fees 3. take snapshot 4. detail what the criteria was 5. let the community scrutinize 6. reconsider the criteria 7. airdrop

December 6th 2021

3 Retweets71 Likes

Jack Longarzo @JackLongarzo

Here are my thoughts on the most ambitious token merger in DeFi history. My thoughts on the intangible and tangible synergies of this merger as well as an outlook for the future in a 🧵 $RGT 🤝 $Tribe

December 7th 2021

12 Retweets78 Likes

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

- Austin (@1A1zP1)