Welcome to Bacon, Eggs, and DeFi #086. Here's a recap of yesterday’s DeFi news!
DEXes:
1inch integrated the LUSD wrapper from Synthetix as a liquidity source.
Voting for Uniswap v3’s deployment on Polygon will begin on December 11.
Dual Rewards for the WETH/gOHM LP on Sushiswap on Arbitrum are now live.
Lending:
Coinbase users can now earn interest on their DAI through Compound.
Asset Management:
Index Coop launched its ETH-2x-FLI on Polygon.
Instrumental Finance will airdrop 5% of its governance token STRM to those who bridged on Composable’s Mosaic, Celer’s cBridge, Hop protocol, or Connext’s bridge between August 5 and November 25th, 2021.
InstaDapp now supports Aave debt migration from Ethereum to Polygon.
mStable launched the Emission Controller to move manual MTA weekly distributions on-chain.
Derivatives:
Lyra will be launching its governance token LYRA on Optimism on December 14.
Bridges:
Across now supports transfers from Optimism to Ethereum with ETH, USDC, and UMA.
Allbridge users can now bridge FEI from Ethereum to Solana.
ZigZag launched an Ethereum/zkSync bridge with support for ETH, DAI, USDC, USDT and WBTC transfers.
Aztec Connect is now live, allowing users to use private assets in DeFi.
Hop reduced transfer fees from Optimism to Ethereum by 30%.
Other:
Nansen launched Celo dashboards.
Gearbox released an initial list of addresses able to participate in Credit Account Mining.
Polygon acquired Mir for $400 million.
L2Beat will be building a State Explorer for dYdX.
📚Reading List:
Fundraising Rounds:
Slingshot raised a $15 million Series A from Ribbit Capital, K5 Global, and Shrug Capital.
Key Tweets:
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)