Welcome to Bacon, Eggs, and DeFi #101. Here's a recap of yesterday’s DeFi news!
DEXes:
ZigZag added SOL/USDC and FTM/USDC trading pairs.
Lending:
Derivatives:
Synthetix will distribute 50,000 SNX to WETH/SNX LPs on Optimism.
Insurance/Security:
Risk Harbor Core V2 is now live with its first vault supporting protection on Terra Anchor aUST + UST depeg, Rari Fuse fFEI-3Crv-8, Element ePyvCurve-alUSD, or Yearn yvCurve-FRAX.
Other:
Azuro and Pulse Markets agreed on a partnership.
Upcoming/New Projects:
📚Reading List:
Job Opportunities:
Contributor at Newt
Key Tweets:
Introducing a new toy in the Playpen -- xERC20
It's a special case of an ERC20 staking pool where the rewarded token is the same as the staking token. This enables staking positions to be represented by an ERC20 token.
Like xSUSHI, but better.
Today an entire core unit was laid off from @MakerDAO after an anon posted a proposal in December to do so. The vote was extremely close (1600 MKR margin) with high participation.
Without commenting on the merits, this was a messy process that needs improvement
People should be able to airdrop tokens to their community without asking them to doxx their financial history.
We built this using native Ethereum zk-proofs with supporting examples and libraries.
github.com/a16z/zkp-merkl…
Details 👇
🧵 time 1/n
Why @synthetix_io will always be the most special DeFi protocol for me personally and why it will be an absolute privilege to see this proposal thru...
khanhamzah.nft 💜 @khanhamzahnft
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)