Today in DeFi - 1Inch introduces Stablecoin, Opyn Partial Collateralization, and More...

2 years ago 304

1Inch introduces Stablecoin

1/ 🎆 Meet an awesome #1inch & @ichifarm collab with a brand new #stablecoin 🚀 $one1INCH 🌕 launched for the #1inchCommunity! 🧵 Follow this thread for more details or read our new blog post ⤵️ #DMA #DeFi #crypto blog.1inch.io/1inch-network-…

1inch Network and ICHI partner to create a new stablecoinICHI’s Decentralized Monetary Authority (DMA) protocol enables the creation of one1INCH, an in-house stablecoin for easier payments and more lucrative rewards. The 1inch Network is happy to…blog.1inch.io

1Inch is working with Ichi to offer a native stablecoin. The one1inch stablecoin will be minted with a mixture of 1Inch and USDC.

Sushiswap

Today in DeFi is sponsored by Sushiswap.

Sushiswap is a DeFi-Native DEX on Ethereum, Polygon, and Fantom, which features the best liquidity across many DeFi pairs such as YFI, SNX, and AAVE.

Besides its multi-chain Dex, Sushiswap also has Kashi gas-efficient lending markets for long-tail assets like UMA, Rune, or Chainlink.

Check out Sushiswap at Sushi.com, or try Kashi here.

Opyn Partial Collateralization Live

opyn @opyn_

🎉 Partial collateralization is live on mainnet! 🚀 Enhanced leverage for short options 🤑 Sell MORE options to generate HIGHER yield 📊 Commit less capital, allowing more portfolio flexibility This is a major capital efficiency improvement for DeFi 🥳 medium.com/opyn/opyn-part…

Opyn Partial Collateralization: How to Trade Partially Collateralized DeFi OptionsTo date, one of the biggest limitations of options in decentralized finance was that users were required to fully collateralize options trades. In traditional finance, margin required for options…medium.com

Opyn launched partially collateralized options on Ethereum mainnet.

The partial collateralization greatly improves capital efficiency and leverage. Users can choose if they want to fully or partially collateralize a minted option.

Certik Skynet on Polygon

CertiK Security Leaderboard @certikorg

🙌CertiK will partner with @0xPolygon to secure the #Polygon projects and ecosystem through #Skynet integrations and a designated #SecurityLeaderboard! 👀Read more: certik.org/blog/certik-pa…

CertiK Partners with Polygon to Secure the Polygon Ecosystem | CertiK Foundation BlogCertiK is excited to announce a security partnership with Polygon, a protocol and a framework for building and connecting Ethereum-compatible blockchain networks.certik.org

Certik Skynet is live on Polygon. Skynet analyses smart contracts in real-time to detect security threats and alerts the concerned stakeholders. Users can now check the security ranking of Polygon projects on Certik’s leaderboard.

Balancer on Polygon

Balancer Labs @BalancerLabs

We are thrilled to announce that Balancer Protocol has expanded to layer 2 solution @0xPolygon. We believe that Balancer Labs and Polygon can work closely to increase liquidity in DeFi, lower trading fees to zero, and make DeFi accessible to everybody!

Balancer Joins Polygon’s Summer of DeFi with $10 Million in Joint Token IncentivesBalancer Protocol has launched support on the Layer 2 solution Polygon to reduce gas costs. Polygon (MATIC) has seen strong user adoption this year with major DeFi projects like Aave, SushiSwap, and…medium.com

Asset management platform Balancer expands to Polygon to bring users faster transactions and lower gas.

Slingshot Mobile App

Slingshot @SlingshotCrypto

Harness the power of 𝘿𝙀𝘾𝙀𝙉𝙏𝙍𝘼𝙇𝙄𝙕𝙀𝘿 𝙏𝙍𝘼𝘿𝙄𝙉𝙂 from the palm of your hand with Slingshot's new mobile-web app 🙌 🪙 Trade 2,000+ tokens 🏆 Best prices on @0xPolygon 📈 Real-time DeFi charts 📲 @WalletConnect support! Live now at app.slingshot.finance

Polygon trading platform Slingshot launched a mobile-web app for users.

Private, scalable BTC on Aztec

Aztec @aztecnetwork

Privacy has finally arrived to #BTC . Aztec is excited to partner with Ren and introduce zkrenBTC into the Aztec Private Rollup. Users can now transact with BTC in a decentralized, private and scalable way on zk.money. More here:

Introducing private BitcoinWe are incredibly excited to partner with Ren to add renBTC into the Aztec private rollup. The Aztec private rollup — accessible through zk.money — enables fully private transactions on Ethereum…medium.com

Layer 2 zkRollup solution Aztec partners with Ren and adds zkrenBTC to its private L2 private transaction app zk.money.

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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