Today in DeFi - AAVE Liquidity Mining, Opium Live on Polygon, and More...
AAVE v2 Liquidity Mining Live
Aave has launched its v2 liquidity mining program, offering 2200 stkAAVE per day(currently ~$900k USD) to users daily until July 15.
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 atย Sushi.com, or try the Bentobox/Kashi beta atย staging.sushi.com
Nexus Protocol Cover Live
Nexus Mutual launches Protocol Cover. This new update to the protocol expands coverage beyond smart contract risks, to also 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.
mStable Live on Polygon
mStable launcheD on Polygon. Users can now get on mStable app, connect to Polygon and start trading, saving, swapping between mUSD and other major stablecoins including DAI, USDT, and USDC.
Opium Live on Polygon
Opium, an options protocol, launches Turbo, and ETH staking on Polygon. Opium Turbos serve as short-expiry call options for risk-seeking investors, while the ETH staking pool earns users interest for staking their ETH.
Followย @todayindefiย 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.