Today in DeFi - 9 Spot ETH ETFs Launching Today, Ondo USDY Live on Cosmos, Ether.fi S2 Vesting Claim, Deposit WETH to Earn ~30% APR, and more...

Updates 📰

• Ondo’s USDY is now live on the Noble chain, making it accessible to the 90+ chains in the Cosmos ecosystem. USDY is a tokenized note secured by short-term US Treasuries and US bank demand deposits.

• Dinero (fka. Redacted Cartel) has launched the $DINERO token. $BTRFLY holders can now migrate to $DINERO at a 1:2000 ratio.

• Curve is now deployed on Mantle L2.

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Upcoming ⏳

• Spot ETH ETFs have been made effective by the SEC. Nine approved ETFs will start trading at 9:30 am New Jersey time on major exchanges including CBOE, NYSE, and Nasdaq.

• Sanctum's founder announced that Sanctum would work with DeFi protocols to launch new LSTs: tensorSOL, banxSOL, kmnoSOL, bybitSOL, usdcSOL, etc.

• Router chain mainnet is launching soon. The team will release a Staking Campaign this week, allowing users to earn DROP points, which will be used to calculate rewards.

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Airdrops 🪂

• Ether.fi has updated the vesting claim periods for Season 2. The next claim will be available this Thursday, July 25 at 00:01a UTC.

• Mantle released the $COOK logo, supply, and Season 1 campaign rewards allocation. 15% of the total $COOK token supply will be allocated for ongoing campaigns in Season 1.

• Avail’s AVAIL token is listing on exchanges today. Airdrop tokens are sent to eligible users via Avail mainnet. Liquid staking will be available once the mainnet goes live.

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Farms 🧑🏻‍🌾

• Add your GHO on Spectra Finance to earn ~ 25.94% APR from AAVE and Merit Program

  • Today in DeFi is supp

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Deposit WETH to Earn ~30% APR