Today in DeFi - Aave Freezes V2 Markets, AdaSwap Live on Cardano, Trading NFT Perps, and More...

1 year ago 170

Aave Freezes V2 Markets

Aave governance has temporarily frozen 17 lending markets on V2 to fend off further liquidity attacks. Paused markets include YFI, CRV, ZRX, MANA, 1INCH, MKR, etc.

AdaSwap Live on Cardano Mainnet

Cardano-based DEX Adaswap is now live on mainnet, enabling trading & bridging for Cardano tokens and NFTs.

MakerDao Proposes Spending Cuts

Maker governance recently closed a bunch of polls on investments and budgeting. Rejected polls include a $500m investment in corporate bonds, a $100m investment in $OUSD, an increase on the surplus buffer upper limit to 1B DAI. Core Unit budget changes were also polled including reducing UX development budget and not renewing the immunifi security budget


Other approved polls include a $225m future purchase of mortgage-backed securities, and a $225m acquisition of UK/EU-focused ETF.

Sushi AMM on BTTC

Sushi launches AMM on BitTorrent Chain, an L2 with interoperability between Ethereum, BnB Chian, and TRON.

BlockFi Filed Bankruptcy

Centralized crypto lender BlockFi filed for bankruptcy protection, after suspending withdrawals amid the ongoing fallout from FTX's bankruptcy.

Across Token Live

Across ACX token is now claimable, and an ACX/wstETH Balancer pool is live for trading/LPing.

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