The Latest Developments in Decentralized Finance (DeFi)
Exciting news has been buzzing in the world of DeFi with several significant developments:
Aave Introduces Horizon RWA Market on Ethereum
Aave has recently launched Horizon, a groundbreaking RWA market on the Ethereum network.
Jupiter Lend Goes Live on Solana
The launch of Jupiter Lend on Solana has marked a new milestone in the DeFi space.
Resolv’s Token Buyback Program
Resolv has initiated a token buyback program, adding to the recent DeFi trends.
Hyperliquid’s Ambitious Buyback Plans
Hyperliquid’s announcement to increase buybacks to up to 99% of protocol revenue has stirred interest in the community.
Avail Acquires Arcana Network
Avail’s acquisition of Arcana Network, a prominent chain abstraction protocol, demonstrates a strategic move in the DeFi sector.
Google Cloud’s L1 Blockchain Launch
Google Cloud has revealed its plans to launch an L1 blockchain tailored for institutions, expanding its presence in the blockchain space.
Portal to Bitcoin’s TGE Date
Mark your calendars for Sept. 3 as Portal to Bitcoin announces its Token Generation Event (TGE) date.
Pantera Capital’s Fundraising for SOL Treasury Company
Pantera Capital is set to raise $1.25 billion for a new SOL Treasury Company, signaling growing interest in Solana projects.
MetaMask’s Enhanced Wallet Features
MetaMask now allows users to create and recover wallets using social login, simplifying the user experience.
DeFi App’s Aggressive Buyback Strategy
DeFi App has started buying back 150% of the HOME token emissions, showcasing a unique approach in the DeFi ecosystem.
Huma Finance’s Huma S1 Airdrop Portal
Huma Finance has launched the claiming portal for the Huma S1 airdrop, offering eligibility to LPs, HUMA stakers, ecosystem partners, and yappers.
Caliber’s LINK Treasury Company
Caliber has established the first-ever LINK treasury company, adding a new dimension to asset backing in DeFi.
Euler Finance’s EulerEarn Product
Euler Finance has introduced EulerEarn, enabling users to earn passive yield through their innovative product.
Hyperbeat’s Tokenized Strategies on Hyperliquid
Hyperbeat has released tokenized delta-neutral strategies on Hyperliquid, providing users with diverse investment options.
Sonic Mainnet 2.1 Upgrade
Sonic has announced the Sonic mainnet 2.1 upgrade, introducing compatibility with the Ethereum Pectra Upgrade for enhanced functionality.
Stargate DAO’s Acquisition Approval
Stargate DAO has greenlit LayerZero’s acquisition of Stargate, paving the way for strategic collaborations in the DeFi space.
Ethena Risk Committee’s Approval of BNB as USDe Backing Asset
The Ethena Risk Committee has approved BNB as a backing asset for USDe, expanding the asset options in the DeFi ecosystem.
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