Product Launches π
Aave Arc Live
Aave has launched Arc - its permission markets for institutions. The first whitelister Fireblocks has onboarded 30 CeFi firms to take part in the markets.Threshold Network Live
Threshold Network, a merger of two protocols (BTC DeFi project Keep & Threshold crypto project NuCypher), has launched to bring BTC-based apps onto Ethereum.Aelin Live on Optimism
Deal coordination protocol Aelin went live on Optimism, allowing early users to claim rewards/stake tokens, and new users to sponsor/ create pools.Terra Osmosis Bridge Live
Terra official bridge now supports direct bridging to Osmosis on its interface.OHM V2 Bonds Live
OlympusDAO has launched V2 bonds with auto-staking & flexible vesting, making bonding more cost-efficient and flexible.Jupiter Live on Solana
DEX aggregator Jupiter has launched on Solana, enabling split orders between AMMs to minimize slippage and provide better prices.Bankless GMI
BanklessDAO has launched GMI, an index product consists of small cap tokens like SPELL, DYDX, PERP, OHM, CVX, etc.
Perpetual Protocol
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Project Updates π©
REDACTED Acquired Votemak
OHM fork project REDACTED has acquired Votemak, a Tokemak bribing project, to get ahead of the TOKE war.Boba WAGMI Incentive Program
Boba anounced WAGMI incentive program - a performance-based farming program that utilizes UMAβs KPI options to incentivize projects building on Boba.GMX Live on Avalanche
Cross-chain perpetual exchange GMX launched on Avalanche with liquidity incentives for GLP holders.Transak Supports Avalanche
Fiat to crypto platform Transak now allows US-based users to buy AVAX on Avalanche using USD.Movr Supports Fantom
Bridging protocol Movr now supports Fantom on the FundMovr bridge, allowing users to transfer assets with optimized speed and lower fees.Celer Supports Aurora
Celer cBridge now supports USDT/USDT/WETH transfers between Aurora and other supported chains.Rubic Integrates Harmony
Multi-chain swap protocol Rubic has integrated Harmony to its multichain routing feature, allowing users to do multi-chain swaps on SushiSwap & ViperSwap.Multichain Supports Metis
Multichain (formerly Anyswap) now supports transfers between Metis and Polygon, and will support Solana bridging soon.Metis Builder Mining Program
Metis announced the Builder Mining program, giving 30% gas fees back to projects building and generating transactions on Metis L2.Mt. Pelerin Supports L2s
Fiat to L2 platform Mt. Pelerin adds support to Arbitrum and Optimism.Connext LayerSwap Integration
Cross-chain protocol Connext partners with CEX-to-L2 platform LayerSwap to increase multichain supports for LayerSwap users.Optimism Fees Down 30%
Ethereum L2 Optimism has reduced transaction fees by 30% on average.
dYdX Protocol
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Hacks/Bugs/Issues πΎ
Arbitrum Outage
Ethereum L2 Arbitrum went down for hours due to a hardware failure in its main Sequencer node. The network is now back up working and the team promised to improve uptime and stability.Harmony Wallet Exploit
Harmony web wallet extension users reported fund losses due to potential wallet theft. The team is investigating the attack while working on Metamask wallet support.
Upcomingβ³
Andre ve(3,3)
Andre Cronje is launching an emission-based token project that combines the veCRV token design and the OHM (3,3) Nash equilibrium design to balance ecosystem participants.Twitter NFT Profile Verification
Twitter employee reveals the upcoming feature for users to show ownership of NFT profile on their account page (using OpenSeaβs verification.)EPNS dYdX Governance Notification
EPNS will enable notification services for dYdX governance updates, notifying stakeholders of new governance events like proposal submission, vote activation, etc.VeChain veUSD
VeChain Thor is an EVM-compatible L1 with a focus on enterprise uses and is set to launch its own stablecoin veUSD.
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