Last Week in DeFi - Uniswap Token Restriction, Bankless BED Index, Thorchain Hacked again, and More...

2 years ago 315

Product Launches 🚀

Bankless BED Index
Bankless launched the BED index, with equal-weighted BTC, ETH, and DPI as the underlying assets.

Tranchess Full Launch
Tranchess is now fully launched to the public on BSC with a Bitcoin tracking token and yield farming options for investors.

Opyn Ziku
Opyn launched Ziku Finance, an app that makes buying options as easy as filling out a short form.

UpOnly Exchange by Injective
Injective launched UpOnly exchange for derivatives trading. UpOnly is built upon Injective’s infrastructure thus is able to provide fast, gas-free transactions.

Maker Optimism DAI Bridge
Maker launched the DAI token bridge on Optimism. L1 to L2 DAI deposits are almost instant while withdrawals take a week.

GrayScale DeFi Fund Index
Grayscale launched an index product tracking Coindesk’s DeFi Index. Fund components include DeFi blue chips, sush as Uniswap, Aave, Compound, etc.

Opyn Opeth Protected ETH Pool
Opyn and Opeth partnered up to launch a protected ETH pool on Uniswap V3. The pool is powered by the long-dated put with a $1280 strike & 31 Dec 2021 expiry.

ICYMI: KeeperDAO Hiding Vault
KeeperDAO launched Hiding Vault, JITU engine, and kCompound. Users are able to manage assets in a vualt and protect funds from liquidationm while earning rewards.

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 🚩

Uniswap Token Restriction
Uniswap announced to restrict access for a list of small volume tokens.

DeFi Saver Uniswap V3 LPing
DeFi Saver now supports Uniswap V3 liquidity providing on Recipe Creator, its interaction batching feature.

Sushi Onsen on xDai
Sushi launched Onsen on xDai, with 2M in liquidity rewards in both $STAKS & $SUSHI, and also incentives for 7 pools.

Maker Decentralizing
Maker Foundation announced to close operation in months and hand over controls fully to MakerDAO & the community.

Hacks 👾

ThorChain Second Exploit
ThorChain got exploited again a week after the previous hack, causing an 8m loss.

Upcoming⏳

Sushi Trident
Sushi’s new capital-efficient AMM Trident is coming in September, bringing 3 new pool types and a price optimized routing engine

Notional NOTE Token
Notional Finance introduced the NOTE token. NOTE holders will have control over the on-chain treasury, parameter changes, and contract updates.


Follow @todayindefi to keep up with the latest DeFi news on Twitter.

Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned.

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