Last Week in DeFi - dHedge v2, Fixed Forex, Compound adding Blue Chips and More...

2 years ago 399

Product Launches 🚀

dHedge v2 Live on Polygon
Social trading platform dHedge deployed v2 on Polygon. The first accessible asset is Sushi, with more assets coming. More EVM-compatible networks are also in the works.

Kwenta Alpha on Optimism
Synthetix Kwenta launched alpha on Optimism. Traders need to use the Optimism Gateway to port assets and start test-trading synths on L2 Kwenta.

Thales Live
Binary options project Thales launched on mainnet. Users can create markets of more than 60 assets, mint binary option tokens, and trade using limit order books.

Ondo Finance Live
Fixed lending project Ondo allows borrowers to pool assets in vaults that originate and manage risk-isolated loans backed by yield-generating tokens. Lenders can have forecastable yield and mitigated downside via loans with fixed yields over fixed durations.

Fixed Forex launched

Andre Cronje deployed Fixed Forex, a decentralized foreign exchange platform which leverages Cream’s lending platform and Curve Finance’s stable asset swaps. Details are currently sparse as the project is early stage.

DeBank Rabby Live
DeBank released browser extension wallet Rabby.
Rabby supports network auto-switching, shows detailed balance changes & scans potential risks before making a transaction.

StarkEx 3.0
L2 ZK solution StarkEx released 3.0, allowing Starkware L2 users to interact with L1 applications while saving gas via L1 vaults, and batching across applications to improves gas costs.

zkSwap v2 Live
zkRollup-based L2 DEX zkSwap launched v2 with zero gas & instant confirmations.

ICYMI: Celer cBridge Live
L2 scaling platform Celer launched cBridge v1 on mainnet, enabling transfers across Ethereum, BSC, Polygon, Arbitrum, and other coming sidechains & L2s.

ICYMI: Lixir UniV3 Vaults
Lixir V1 launched with three initial Uniswap V3 smart vaults supported: USDT-USDC, USDC-ETH, and LIX-ETH.

Sushiswap 🍣

Today in DeFi is sponsored by Sushiswap.

Sushiswap is a DeFi-Native, multi-chain DEX which features the best liquidity across many DeFi pairs such as YFI, SNX, and AAVE.

You can swap DeFi pairs at Sushiswap, earn yield by farming, earn yield by lending, stake SUSHI for more SUSHI, or margin trade on Kashi

Sushiswap has also recently launched Liquidity Mining on Polygon. Find out more.

Project Updates đźš©

Curve Swap Updated
The third-party Curve UI developed by Andre Cronje got updated with Curve v2 factory support & allowing deployments of multiple pool types .

Alpha Tiers Live
Alpha Tiers launched to benefit high-tier stakers with higher protocol fees, Launchpad project tokens, and higher yields from higher leverage on Alpha Homora v2.

Trust Wallet Supports Polygon
Trust wallet now supports Polygon for iOS users.

Binance Polygon Withdrawals
Binance users can now deposit and withdraw MATIC directly on Polygon mainnet.

Gnosis Safe Supports Uniswap
Uniswap is now accessible directly from Gnosis Safe interface for trading, liquidity providing, and proposal creation.

Upcoming⏳

Compound to add AAVE, SUSHI, YFI, MKR
Compound governance passed votes to add blue-chip assets soon.

Cream Boosted Savings
Cream will launch boosted savings on BSC to share validator rewards with depositors, increasing both users’ yields and the BNB amount of Cream’s validator node.

1inch Gas Refunds
1inch will distribute 10m Inch to compensate gas casts of eligible 1inch stakers. The program starts on September 1st until the funds’ cap is reached.

Shopify Supporting NFTs
Shopify is working to bring NFT selling features for online merchants.

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