Today in DeFi - Yearn veYFI Live, Sushi Voting to Increase Treasury Ratio, Trading Volatility, and More...

1 year ago 235

Yearn veYFI Live

While @napgener lost their $YFI long and started shilling $APE, @bantg released UI live then pulled it quickly to fix a bug. Long and strong $YFI 🎯 veYFI incoming 💣

Yearn launches UI for users to stake YFI for veYFI. Previously, users can take part in governance using YFI, and going forward veYFI will be the only governance token on Yearn.

Signal Vote: Increase Sushi Kanpai Payout Ratio

SushiSwap @SushiSwap

⚡️ A new Snapshot has gone up! This proposal’s expectation is to produce a community signal. 📜 Increase Kanpai Treasury Payout Ratio to 100% ⏰ Ends on: 19 Dec 22 18:00 UTC 🔗 Snapshot: snapshot.org/#/sushigov.eth… 💬 Forum discussion: forum.sushi.com/t/reinstated-i…

forum.sushi.comREINSTATED: Increase Kanpai Treasury Allocation to 100%REINSTATED: Increase Kanpai Treasury Allocation to 100% I withdrew the original proposal to take into consideration the feedback from the community to help make it more focused and time-specific. Proposal Over the past two months as Head Chef, I’ve spent most of my time analyzing the operational…

The Sushiswap community is voting to produce a signal on whether to redirect 100% of the Sushi fees redirect to the Kanpai Treasury for 1-year.

Maple Loans Update

M11 Credit @M11Credit

Update on @Auros_global: We would like to update lenders in the wETH and USDC (Permissioned) pools on @maplefinance regarding the status of the loans issued to Auros. All of the loans will enter arrears on-chain and begin incurring penalty interest. (1/3)

Auros, a borrower on Maple that was affected by the FTX bankruptcy, has made a mutual decision with underwriter M11 Credit to allow the loan to lapse to overdue. Based on the financial position of Auros, even without a successful restructure, they say they should be able to recover a large majority of the assets for liquidity providers.

CowSwap Limit Orders Live

CoW Swap | Stop searching for better prices @CoWSwap

Say 👋 to the most UN-limited limit orders in DeFi. Limit orders from CoW Protocol are officially live: bit.ly/cowhasnolimits. 🚀🐮

DEX aggregator Cowswap now enables limit orders to traders.

zkLend Artemis Testnet Live

zkLend @zkLend

✨We're delighted to announce Artemis public testnet is now live. 👩‍🚀Everyone can now test our permissionless #DeFi lending protocol on #StarkNet along with a brand new re-skinned interface. 👉Check it out now: bit.ly/3HAJQtk

StarkNet-based lending protocol zkLend launches public testnet of Artemis, zkLend’s lending interface for traders to test out lending/borrowing on StarkNet.

Vote: Synthetix Perps V2

SynthaMan @SNXified

👀 Looks like #Synthetix governoors are voting to deploy upgraded #SNX Perps V2 on #Kwenta. Launch sequence initiated...

The Synthetix community is running votes to launch Perps v2. V2 will bring improvements and new features such as Off-chain Oracles, Funding Rate adjustments, Price Impact based on skew, etc.

Hong Kong Stock Exchange to List Bitcoin, Ethereum ETF

Wu Blockchain @WuBlockchain

CSOP Asset Management has launched a Bitcoin and Ethereum futures ETF for retail investors in Hong Kong. Samsung Asset Management and Mirae Asset Global Investment also filed applications. The Hong Kong Stock Exchange will set its margin rate at 30% and 12% for other instruments.

The Securities and Futures Commission (SFC) of Hong Kong approved CSOP's application to list its Bitcoin and Ethereum Futures ETF on the HSE on Dec. 16.