Movement Labs Beta Mainnet Live, Peaq Rewards Program Claim Live, Maximize Your Yield with Auto-Compounding Stablecoin LP, and more
Launches π
Movement Network's Public Mainnet Beta is live, introducing a Move-based blockchain that settles to Ethereum with enhanced execution safety. The ecosystem includes liquid staking, NFTs, swapping, lending, and yield protocols. A LayerZero-powered bridge supports asset transfers, and developers can access endpoints, docs, and training resources.
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Issuesβ οΈ
Updates π°
Curve Finance has introduced new crvUSD minting markets with weETH, cbBTC, and LBTC as collateral options.
LayerZero is the official interoperability provider for Movement Network, enabling transfers of MOVE, USDT, USDC, WETH, and WBTC between Ethereum and Movement via the Movement bridge.
Elixir Network is now fully decentralized, allowing users to run validators and earn rewards through its network security program.
PancakeSwap burned 9.58 million $CAKE ($15M) this week, with a net weekly emission of -752K CAKE (-$1.18M), marking a 19% supply reduction. AMM V2 emissions increased by 129% to 333K CAKE, while AMM V3 saw a 34% drop to 574K CAKE.
Upcoming β³
Mitosis is launching its first Matrix campaign with Theo Network next week, with full details to be announced soon.
Sui has partnered with Merkle Science to enhance security with real-time transaction monitoring, proactive risk assessment, and stronger compliance frameworks for DeFi and NFTs.
Solv Protocol is launching SolvBTC.BNB on March 12 at 12 PM UTC, a yield-bearing Bitcoin liquid staking token that enables BTC holders to earn rewards from Binance Launchpools, Megadrops, and top BNB Chain DeFi protocols.
Users can access BTC-denominated yields, DeFi incentives, and maximize returns through a structured yield strategy.
Airdrops πͺ
Peaq's Get Real Season 1 reward claiming is now live, with 15,000 participants eligible and over 2.1 million $PEAQ allocated to the top 100. Rewards can be claimed until May 9 via Hedgey Finance for both quest and referral incentives.
Shardeum's Phase 1 Airdrop wallet collection is in its final call for offchain contributors. Eligible participants must submit their wallet details before the deadline on March 10, 2025, at 11:59 UTC.
Farms π§π»βπΎ
Ethena Labs has introduced USDe as a reward-bearing stable margin collateral on Deribit, allowing users to earn up to 9% APR, paid daily, by holding or trading with USDe. Deribit now supports four new 0-fee spot pairs: BTC/USDe, ETH/USDe, USDe/USDC, and USDe/USDT. Users can earn rewards automatically, with custody managed via Fireblocks, Copper Clearloop, and Zodia Custody.
Pendle has launched new PT markets on Silo Finance, enabling up to 7.7x leveraged yield strategies. Users can now borrow USDC or ETH against PTs, swap for more PTs, and loop their positions. The new markets include PT-wstkscUSD/USDC and PT-wstkscETH/ETH, expanding opportunities for fixed yield and speculation.
Contango has launched a 25,000 $OP incentive program on Optimism for Compound Finance, rewarding long positions on rETH/ETH, wstETH/ETH, ezETH/ETH, eETH/ETH, and rsETH/ETH. Rewards are proportional to open interest, claimable every 8 hours, and eligible for 3x Contango points, which contribute to quarterly $TANGO rewards.
Beefy has launched a new vault for stkscUSD-scUSD, offering 22% APY plus points in collaboration with ICHI and Sonic Labs.
Steakhouse Financial has launched the sUSDS Vault on Morpho Labs on Base, offering USDS rewards for deposits.
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