Last Week in DeFi - RocketPool Atlas Live, Bancor Carbon AMM, Helium on Solana, and More...

Recap: Week of April 17th

Product Launches 🚀

• RocketPool Atlas Live
  RocketPool launches the Atlas upgrade. The upgrade brings support to Shapella, increases protocol capacity up to 300% and minipool rewards, enables solo validator to minipool conversion, and lowers the barrier to becoming a node operator.

• Bancor Carbon Live
  Bancor launches the Carbon AMM. Carbon offers irreversible Range Orders and automated Recurring Strategies and is MEV-resistant.

• Iron Fish Mainnet
  Iron Fish, a privacy-focused L1, launches mainnet. For now, users are able to host a node, start mining, mint/burn custom assets, or transfer assets on Iron Fish.

• Maple Cash Management Pool
  Maple launches the Cash Management Pool for non-US DAOs, offshore companies, Web3 treasuries, and HNWI participants. “The pool passes yield sourced from US Treasury bills and reverse repurchase agreements, less fees, to Lenders“.

• MEV-share Beta
  Flashbots introduces the beta version of MEV-share. MEV-share is incorporated within Flashbots Protect, an RPC tool integrated with users’ wallets to defend against MEV.

• Li.Fi Bridge Insurance
  Li.Fi partners with InsurAce to launch Bridge Insurance. Bridging transactions is now insured on Jumper Exchange, a cross-chain bridge swap built by Li.Fi.

• CowSwap Partial Fillable Limit Orders
  CowSwap now enables Partial Fillable Limit Orders by default, bringing faster trade settlement to limit orders.

Project Updates 🚩

• Helium on Solana
  Helium has migrated to Solana, with almost 1m hotspots joining the network as NFTs.

• Safe Live on Celo
  Safe (fka. Gnosis Safe) is now live on Celo, supporting native self-custody and multi-sig asset management.

• ZigZag Live on Arbitrum
  Starknet-based DEX ZigZag launches on Arbitrum, enabling Meta Trade that “eliminates the constant need for wallet confirmations while trading” on ZigZag.

  ZigZag also plans to launch on zkSync Era once Era supports orderbook.

• 1inch Live on zkSync Era
  DEX aggregator 1inch launches on zkSync Era, aggregating orders from zkSync-based DEXes such as GemSwap, SpceFi, SyncSwap, etc.

• Maverick on zkSync Era
  Maverick, a dynamic distribution AMM focusing on capital efficiency, is now live on zkSync Era. Maverick previously launched on Ethereum.

• Celer Supports Polygon zkEVM
  Celer cBeidge now supports bridging between polygon zkEVM and other chains including Ethereum, BnB chain, Polygon, etc.

• GMX Cross-chainGLP
  GMX partners with Socket to launch an integration that allows users to mint GLP and become an LP on GMX to earn fees on seven supported chains.

• Arbitrum DAO Drop
  Arbitrum will begin distributing the initial 1.13% token allocation of the ARB airdrop supply to DAOs. Projects like Uniswap and Lido are having discussions about airdrop token usage.

• Berachain Raised $42m
  Cosmos-based L1 Berachain raises $42m Series A at a $420.69m valuation, and the Bera eco will launch an incentivized testnet in the coming weeks.

Governance Highlights 📝

• Voting: Yearn yETH
  Yearn is running the vote to launch yETH, a self-governing representation of a basket of ETH Liquid Staking Tokens (LSDs).

• Passed: Restore agEUR Peg
  Angle protocol passed the vote to restore agEUR's peg after Euler's repayment. The community approved the mint & burn of agEUR, allowing people to buy and sell agEUR to the protocol at 1€.

Hacks/Issues 👾

• Sushi Exploit Post-mortem
  SushiSwap published the post-mortem of the RouteProcessor2 exploit and will soon launch the claim portal for those who have their funds rescued.

• KyberSwap Elastic Vulnerability
  There was a vulnerability found in KyperSwap’s Elastic contract. The LP rewards are now claimable after a temporary pause.

• Hundred Finance 500k Bounty
  Hundred Finance provides a 500k reward for the 7m hack, seeking help from the community to arrest the attacker and get back the lost funds.

• Stablecoin Bill Draft
  The U.S. House Committee publishes a draft of the Stablecoin Bill. While people are concerned about the scope of the bill potentially affecting many DeFi stablecoins PolygonLabs CPO, Rebecca Rettig commented “The moratorium on decentralized stables is super narrow.”

Upcoming ⏳

• Zilliqa EVM
  L1 blockchain Zilliqa will implement Ethereum Virtual Machine (EVM) compatibility and add native support for Solidity apps on mainnet on April 25.

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• MEV Protection

• Farming on zkSync Era

• LSD Degen Farm

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