Today in DeFi - Connext Amarok Live, Synthetix V3 Coming, Auto-Compounding Yield, and More...

1 year ago 352

Connext Amarok Live

After 1 year of R&D, we’re excited to announce that Connext’s Amarok upgrade is live! Connext becomes the ONLY solution that: 🔐Maximizes security for any bridging path: the most trust-minimized xchain protocol - EVER ⚙️Is a platform to build xApps 1/ bridge.connext.network

bridge.connext.networkConnext Bridge | Cross-Chain TransferTransfer token between chains using xCall

Bridging protocol Connext launches Amarok. This upgrade enables developers to build crossrollup apps that directly rely on the security of Ethereum. Users can now access the bridge UI, passively LP for the ecosysteum by depositing USDC & ETH, or actively by running a router.

Voting: Synthetix V3

Westie 🟪 @WestieCapital

Synthetix V3 is now up for a vote by the Spartan Council! It's been a while since V3 has been explained, so let me get you up to speed on what this upgrade means for @synthetix_io 🧵

Synthetix governance is voting to launch V3. The new version will have a modular mechanism supporting multi-collateral staking, customizable debt positions, and permissionless synths.

Shardeum Sphinx Live

Shardeum @shardeum

The Sphinx Has Risen 🔥 shardeum.org/betanet/

EVM=bsed L1 Shardeum launches Sphinx, the public testnet before the mainnet going live. On Sphinx, validators can run a node and stake test SHM, devs can build/run test app, and users can participate to earn bounties & rewards.

Membrane EUROe Live

EUROe @EUROemoney

Membrane Finance is excited to announce the launch of EUROe on Ethereum! Read more at euroe.com/blog/membrane-…, and read the thread below to see how you can get started with $EUROe from today!

euroe.comMembrane Finance launches EUROe on Ethereum - EUROeRead the article at euroe.com to learn more.

Finnish fintech company Membrane Finance launches EUROe on Etheruem (later on Solana, Polygon, and Arbitrum. EUROe is claimed to be Europe’s first EU-regulated full-reserve stablecoin.