Today in DeFi - Pendle Live on Arbitrum, Ethereum Account Abstraction, Farming on Polygon, and More...

1 year ago 271

Pendle Live on Arbitrum

#RealYield just got more real on Pendle! Starting today, our new home in #Arbitrum will house everyone’s favourite jam - $GLP by @GMX_IO 🫐 With just a little Pendle magic, you can harness the full potential of this powerful asset 🧵

Yield tokenization protocol Pendle expands to Arbitrum. Pendle also integrated with GMX to support its LP token GLP.

Ethereum Account Abstraction

erc4337 @erc4337

The rumors are true... ERC-4337 has been deployed on mainnet 🚀 🔍 Security audit by @OpenZeppelin 🛠️ Bundlers and paymasters by @stackup_fi, @AlchemyPlatform, @biconomy , @etherspot, @candidewallet, @blocknative & more 🏗️ $300K in grants by @ethereum

EIP-4337 is now live on the Ethereum mainnet. The EIP enables Account Abstraction - a standard for giving wallets smart contract functionality.
This enables more use cases such as having multiple wallets control an account, connecting with a third party for recovery, etc.

Shanghai Coming to Goerli

Christine Kim @christine_dkim

On today's ACDE call, Ethereum devs agreed to schedule the Shanghai upgrade on the Goerli testnet for March 14th at epoch 162304. Goerli is the final public testnet where devs will test staked ETH withdrawals before activating the code change on mainnet.

youtube.comExecution Layer Meeting 156 [2023-03-02]https://github.com/ethereum/pm/issues/729

Ethereum devs are targeting March 14 for the Shapella implementation on the Goerli testnet. If that goes over smoothly, Shanghai on the mainnet can be expected during the 2nd week of April.

UMA Staking Live

UMA @UMAprotocol

1/ Today marks a major milestone in the upgrade to UMA 2.0: the migration to DVM 2.0 is complete. UMA token-staking is now live. You will earn emissions by staking tokens and voting. This update to UMA #tokenomics is just beginning of UMA 2.0 🧵 medium.com/uma-project/um…

medium.comUMA token staking is live — Here is how you participateTl;dr–UMA token-staking is now live, you can read more about it here. If you’re ready to stake, go to vote.uma.xyz and get started. You…

UMA protocol completes the migration of the Data Verification Mechanism(DVM) to 2.0. The DVM upgrade aims to re-work core parts of UMA's tokenomics, starting with enabling UMA staking.

Li.Fi launches Dex Aggregator

Jumper @JumperExchange

🥁 Presenting Jumper: Crypto's Everything Exchange 🔥 Swap any token. From here to anywhere. Jumper will find you a route and get you there, as it: — maintains 15+ bridges — routes through 30+ DEXs — supports 20+ chains Everything is easier with Jumper! Try it out now 👏

Cross chain aggregator Li.Fi launched Jumper, a dex aggregator. Jumper supports over 30 Dexes on 20+ chains, and joins Defillama and Mean Finance in the increasingly competitive Dex Aggregator space.

Gitcoin Grants Stack

Gitcoin (🤖, 💚) @gitcoin

📣 BIG ANNOUNCEMENT 🚨 We are excited to announce the launch of Gitcoin Grants Stack: a protocol-enabled suite of tools that makes it easy for communities to collectively allocate capital to fund their shared needs 🤝 Read all about it 👇

Gitcion launches Gitcoin Grants Stack, a suite of tools built that enable communities or DAOs to create/manage a grants program. Devs will also be able to use it to build dApps/extend functionalities.