Welcome to Bacon, Eggs, and DeFi #085. Here's a recap of yesterday’s DeFi news!
DEXes:
Lending:
88mph released a proposal for a redesign of its tokenomics.
Asset Management:
dHEGDE released Horizons, which includes launching on Optimism and the introduction of DHT dynamic bonds.
Derivatives:
Drift reached $200 million in total trading volume.
Pods deployed on Arbitrum with a $3500 ETH/USDC put that expires on December 23rd.
Opyn revealed the upcoming Squeeth launch dates.
dYdX announced its second trading competition with 250,000 USDC in prizes.
Bridges:
Allbridge added support for MIM transfers from Ethereum to Solana.
Other:
Messari released Governor, a governance aggregator tracking proposals and allowing users to vote and/or delegate votes.
Gitcoin Grants added support for RAI on zkSync.
Upcoming/New Projects:
📚Reading List:
Fundraising Rounds:
JellyFi raised $4.4 million from Lemniscap, ParaFi Capital, and Tioga Capital.
Chiron closed a $50 million fund to invest in DeFi and NFT gaming projects on Terra.
Zeta Markets raised $8.5 million from Jump Capital, Race Capital, and Electric Capital.
IndexCoop raised $2.25 million from Sequoia Capital India, Blockchain Ventures, and White Star Capital.
Key Tweets:
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)