Bacon, Eggs, and DeFi #091
Recap of Monday January 3, 2022
Happy New Year and welcome to Bacon, Eggs, and DeFi #091. Here's a recap of yesterday’s DeFi news!
DEXes:
Curve deployed a SPELL/ETH pool.
ASTRO rewards are now live for the ASTRO-UST, bLUNA-LUNA, and LUNA-UST pools on Astroport.
Lending:
A new lending/borrowing market for Angle Protocol’s agEUR is now live on Euler.
Asset Management:
Index Coop’s DATA Economy Index now includes ENS.
Vesper Earn beta is now live on Polygon, allowing users to deposit DAI and earn WETH or WBTC.
Derivatives:
Tempus Finance will integrate Rari Capital’s USDC and DAI pools on January 17.
Lyra will begin a new round of liquidity mining on January 9 for its ETH, BTC, and LINK pools. 4 million LYRA will be distributed to LPs over 28 days.
Other:
The CFTC fined Polymarket for $1.4 million for unregistered swaps and ordered them to shut down three markets and offer users refunds.
AVAX is now a part of the Bitwise 10 Large Cap Crypto Index following its December rebalance.
Andre Cronje shared the tokenomics for his upcoming project on Fantom.
5.25 billion SPELL was burned.
📚Reading List:
Fundraising Rounds:
Vesta Finance raised an undisclosed amount (6% of tokens) from angels, including Tetranode, DCFGod, and Fiskantes.
Algodex, an order book DEX on Algorand, raised $3.19 million from Borderless Capital, Black Ventures, and Elevate Community Ventures.
Key Tweets:
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)