Today in DeFi - Ren Bitcoin Polygon Bridge, Flashbot DEX, and More...

2 years ago 401

Ren Bitcoin Polygon Bridge

🔥 Excited to announce the launch of a direct bridge to Polygon by @renprotocol! 🌉 With the Polygon x RenVM Bridge, users can move #BTC and many more assets directly to Polygon, enabling high-speed, low-cost txns for these assets. 🌐 Start bridging now: bit.ly/3p5Iwnf

RenBridge now allows user to transfer BTC, ZEC, BCH, and DOGE to Polygon, with more assets to be supported in coming time.

Ren is also partnering with projects within the Polygon ecosystem (Quickswap, Curve, etc.) to enable renAssets trading.

Follow the Ren tutorial to start bridging assets.

Sushiswap

Today in DeFi is sponsored by Sushiswap.

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

Sushiswap has recently launched Bentobox, gas-efficient lending platform for DeFi, as well as Kashi, a one-click margin-trading platform.

Check out Sushiswap at Sushi.com, or try the Bentobox/Kashi beta at staging.sushi.com

FlashDEX mistX

Alchemist Coin @_alchemistcoin

mistX.io - the world's first FlashDEX powered by Flashbots One of the most important problems of the Ethereum network, and DeFi in particular, is the damage caused by the actions of front-running bots and the associated crisis of MEV.

Introducing mistXWith that ethos in mind we are proud to announce our next DeFi product mistX! Created by Alchemists, powered by FlashBots, driven by $Mist You’ve all heard the rumours, so let us to confirm…alchemistcoin.medium.com

Alchemist, a community of DeFi builders, launched mist.io to enable non-technical users to use flashbots on AMMs and avoid losses caused by front-running bots, as well as avoid gas fees.

MistX will only charge users when they make successful exchanges. This is similar to the gasless swaps we reported on yesterday for Sushiswap.

Ribbon Governance Token

Ribbon Finance @ribbonfinance

Today we are excited to announce $RBN, the governance token of Ribbon.

Ribbon Finance launched $RBN as their governance token as well as an airdrop.

Ribbon is a structured product protocol, which uses option tokens provided by Opyn and Hegic to combine structured financial products for users to earn profits when the market is volatile.

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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