Today in DeFi

Today in DeFi

Today in DeFi - Acala EVM Live, Chiliz L1 Live, NFT Market Cap Token, and More...

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Feb 09, 2023
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Flux Finance Live

X avatar for @FluxDeFi
Flux Finance@FluxDeFi
1/ We are delighted to announce that Flux Finance is live! Flux is bringing US Treasuries yield on-chain to permissionless lenders everywhere, creating the substrate upon which a new on-chain economy can form.
blog.fluxfinance.com
Flux Finance is Live
6:01 PM ยท Feb 8, 2023

52 Reposts ยท 262 Likes

Flux Finance, a lending project that connects US treasuries with DeFi, is live. Users can either deposit stablecoins to earn yield, or put US treasuries (OUSG) as collateral to borrow against.

Acala EVM+

X avatar for @AcalaNetwork
Acala@AcalaNetwork
We are excited to announce the mainnet launch of the Acala EVM+ ๐ŸŽ‰ Acala's engineers custom-built this dev environment to combine the best of both worlds between EVM+Substrate. Learn more in the ๐Ÿงต below or start building ๐Ÿ’ช medium.com/acalanetwork/aโ€ฆ
medium.com
Acala EVM+ Now Live on Mainnet, Bringing Full EVM+Substrate Compatibility to Polkadotโ€™s DeFiโ€ฆ
3:44 PM ยท Feb 7, 2023

87 Reposts ยท 410 Likes

Acala launches the EVM+ mainnet, an evm compatible chain running on Polkadotโ€™s modular blockchain framework, Substrate

Chiliz L1 Live

X avatar for @Chiliz
Chiliz ($CHZ) - Powering Socios.com โšก@Chiliz
๐‡๐š๐ฉ๐ฉ๐ฒ ๐๐ข๐ซ๐ญ๐ก๐๐š๐ฒ ๐ญ๐จ ๐ฎ๐ฌ - celebrating our 5th anniversary with a new look! ๐Ÿคฉ #NewProfilePic We are proud to share with the Chiliz community that the genesis block of our new EVM- compatible Layer 1 blockchain has been validated. #ChilizAnniversary โšก๏ธ $CHZ
8:10 AM ยท Feb 8, 2023

122 Reposts ยท 522 Likes

Chilliz launched its EVM-compatible L1 and the genesis block was produced.
The Chiliz Chain focuses on the sports industry and fan tokens.

Mellow Live on Polygon

X avatar for @Mellowprotocol
Mellow Protocol@Mellowprotocol
๐Ÿ”ฎMellow is now officially live on @0xPolygon!๐ŸŽ‰ The protocol is deployed and you can also find some new cool stuff we built for @zkBob_ Check the thread๐Ÿงต
X avatar for @0xPolygonDeFi
Polygon DeFi @0xPolygonDeFi
Mellow Protocol is now live #onPolygon. โšก๏ธBe the first to try the new liquidity management strategy for @zkBob_ ๐Ÿ› ๏ธIntegrations with @QuickswapDEX, @Uniswap and @AaveAave are available for builders Check @MellowProtocol to deploy liquidity into the strategies๐Ÿค– ๐Ÿงต๐Ÿ‘‡ https://t.co/omFHS7v7Um
4:37 PM ยท Feb 7, 2023

8 Reposts ยท 38 Likes

Liquidity management & strategy protocol Mellow is now live on Polygon and deployed two strategies for BOB pairs. BOB is a stablecoin with privacy features.

Potential Threat to Crypto Staking

X avatar for @brian_armstrong
Brian Armstrong@brian_armstrong
1/ We're hearing rumors that the SEC would like to get rid of crypto staking in the U.S. for retail customers. I hope that's not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen.
11:10 PM ยท Feb 8, 2023

2.71K Reposts ยท 10.2K Likes

Coinbase CEO tweets about SEC potentially banning crypto staking in the US. If true, retail customers are likely to leave regulated service providers like Coinbase for decentralized staking solutions.

Umami Soft Rug

X avatar for @DAdvisoor
DeFi Advisoor@DAdvisoor
This is the situation rn at @UmamiFinance : @IntrinsicDeFi dumping his tokens on the community - while folks like myself are not able to withdraw funds threw the UI - although told we are Team has resigned and is going to move forward to a DAO structure
3:50 AM ยท Feb 9, 2023

33 Reposts ยท 182 Likes

A core dev/CEO from Umami Finance seems to be dumping coins while the withdrawal function is disabled on the interface. The rest of the team seems to be still working on the project and planning to move forward without the (former) CEO.

Bluechip Lending Product, NFT Index Token, and Moreโ€ฆ

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