Last Week in DeFi - AAVE v2 LM, CowSwap, InsurAce, and More...

Recap: Week of April 26

Last Week in DeFi

Project Launches

Insurance protocol InsurAce, Hashflow DEX, and SudoSwap, an NFT DEX.

Project Updates:

AAVE launched v2 Liquidity Mining, Balancer partnered with Gnosis to launch Cowswap, and Nexus upgraded their insurance product to cover more potential risks.

DeFi Fights:

Andre Cronje agrees to fight CryptoMessiah in Dubai

Details below…

AAVE v2 LM Launched

Aave @AaveAave

AIP-16 received overwhelming ‘yea’ votes from the community and has officially been executed. This proposal, created by @paraficapital, introduces liquidity mining incentives for Aave V2 ⛏️🗳️ app.aave.com/governance/11-…

Aave launched its v2 liquidity mining program, offering 2200 stkAAVE per day(currently ~$900k USD) to users daily until July 15.

Since launching, value locked and borrowing volume have both jumped, showing the effects of the Liquidity mining program are already being felt.

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

CowSwap by Balancer+Gnosis

Balancer Labs @BalancerLabs

Introducing the crossover event of the summer 💥 Balancer x @gnosisPM are teaming up to deliver the best experience to DEX traders . ⚖️🦉 Here’s what you need to know⬇ medium.com/balancer-proto…

medium.comThe Crypto Cinematic Universe Crossover Event of the Summer: Balancer-Gnosis-Protocol (BGP)Balancer Labs is thrilled to announce a partnership with Gnosis to deliver a new decentralized exchange and bring the best experience to traders — across price, UX, and transparency. The DEX space is…

Balancer partnered with Gnosis to launch Cowswap, a proof of concept DEX which allows users to make MEV-resistant trades at optimal prices & cheap gas.
Read about details and upcoming releases here.

InsurAce Launched

InsurAce Protocol @insur_ace

We're proud to announce that our mainnet is now live on our website insurace.io. Get in early, stake for as little as 1ETH and earn above our average 30-50% APY. Don't miss out on this fantastic opportunity with InsurAce. #definews #cryptonews

New portfolio insurance protocol InsurAce launched on mainnet last week.

InsurAce has 60% lower premium, 50% lower gas fee when insuring a whole portfolio, and it doesn’t require users to do KYC.

Hashflow Announcement

hashflow @hashflownetwork

1/ Today we are incredibly excited to announce Hashflow, a decentralized exchange that lets you trade trustlessly with crypto’s top market makers. What does this mean for you? Simply—better prices, no slippage, and rock-bottom gas fees. Sounds too good to be true? Thread 👇

Hashflow, a new DEX using institutional market maker as opposed to the mainstream AMM mechanism, announced last week, with the promise to offer better price, lower gas fee, and get rid of slippage for users.

Hashflow is inviting early alpha testers, and will open to the public shortly after.

SudoSwap Launched

0̵̹̯̮͔̘͆̏̒̀̎̀̍͗̄͆̽̎̎̾̽x̸͕̞͇̱͙̭͆̊̽͐̆̚͝ͅṁ̶̒͑̉̾̏̀͐̈̚ @0xmons

Excited to launch the alpha of Sudoswap, a p2p asset swapping platform powered by @0xProject! sudoswap.xyz

Powered by 0xProject, 0xmons launched SudoSwap to enable p2p swaps between ERC20/721/1155 tokens, with lower gas fee and no asset escrowing.

0xmon also tweeted to add more asset types and new features soon.

Nexus Protocol Cover Launched

Nexus Mutual 🐢 @NexusMutual

📣 Protocol Cover is live! 🐢 Getting covered with Nexus now includes: 💰 economic incentive, 🌐 oracle & 🗳️ governance attacks ⛓️ any chain 2⃣layer 2 medium.com/nexus-mutual/n…

medium.comNexus is growing: Protocol Cover is live!In response to the ever evolving demands of the DeFi ecosystem, our users have been calling for more versatile protection against the inherent risks in DeFi. Today we’re excited to launch Protocol…

Nexus Mutual launched Protocol Cover, expanding insurance coverage beyond smart contract risks to include oracle attacks, severe economic attacks, and governance attacks.

Along with the upgrade, $NXM now covers multi-chain major projects, including ThorChain, AnchorProtocol, Pancakeswap, etc.

Andre vs Messi in the Octagon

Andre Cronje @AndreCronjeTech

October 15th. Dubai. Boxing. No weight class. Haven't been this excited in awhile. Legend.

Mohammad @Abu9ala7

@AndreCronjeTech Boxing for sure. We’re doing boxing night only. No octagon. Date will be confirmed soon but October 15th is where our head is at. Good luck to you sirs.

In a strange turn of events, YFI Founder Andre Cronje agreed to a bout with Crypto Messiah over Twitter. The fight is planned for Oct. 15th, although it is yet to be seen whether it will actually take place or not.

As entertaining as we’re sure it will be, we’d rather our DeFi Devs keep their big brains safe from harm!

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.