Bacon, Eggs, and DeFi #100

Recap of Monday, January 24, 2022

Welcome to Bacon, Eggs, and DeFi #100. Here's a recap of yesterday’s DeFi news!

DEXes:

• Paraswap launched on Fantom.

• Sushiswap redeployed limit orders on Ethereum.

Lending:

• Maple announced Loans v2.

• Rari Capital’s Fuse is now live on Arbitrum.

• Euler added a MIM market.

• Silo will be launching SiloDollar, a stablecoin to act as a bridge asset between Silos.

• Compound will be prioritizing deploying on EVM compatible chains over launching Gateway.

Derivatives:

• Premia launched ALCX/DAI and alETH/alUSD options.

• dYdX is launching Trading Leagues with up to $350,000 per week in prizes.

Other:

• Polymarket now prevents US IP addresses from trading.

Upcoming/New Projects:

• Oasis

📚Reading List:

• A modest proposal: USDC v3

• PALM: Protocol-owned Active Liquidity Management

• Enter ZORA V3

• A Deep Dive Into Across Protocol’s Security

Key Tweets:

Noah Axler @noahaxler

I’ve joined @terra_money as Chief Litigation and Regulatory Counsel! Excited to work with @stablekwon @MarcGoldich @LarryFlorio and the entire Terra team, as Terra and its ecosystem lead the way to decentralized money for a decentralized economy. LFG!🌖

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

- Austin (@1A1zP1)