Today in DeFi - Arbitrum LTIPP Votes Live, SafeDAO Approved Token Transferability, Gitcoin to Convert GTC to Stables, Earn 4+ Airdrops on ETH, and more...
Launches π
Origami Finance, an automated leverage protocol, is live on Ethereum. Origamiβs first Ethena vaults are powered by Morpho Blue, allowing users to farm with 5x leverage on both sUSDe & USDe and earn bonus Sats.
Updates π°
Arbitrum LTIPP snapshot votes are live for applicants who were recommended by the Council.
Safe DAO's proposal to enable SAFE transferability has been approved.
AltLayer unveils dual staking for MACHs, allowing users to stake ALT alongside restaked ETH. Stakers will be rewarded with upcoming Xterio ecosystem rewards.
Upcoming β³
Gitcoin DAO proposed converting $5M in GTC from the treasury to swap into stables and put back into the treasury to be prepared for the next bear market. The proposal suggests either selling ~300,000 GTC per week for 12 months or ~200,000 GTC per week for 18 months.
Merlin Chain announced the Phantom project to enable interchain swaps of Bitcoin assets across BTC L1, L2, ETH, Solana, and all others.
Tether plans to launch a non-custodial, multi-chani, multi-asset tokenization platform.
Airdrops πͺ
Mantis Swap collaborates with Ether.fi to launch the ETH <> weETH pool on Mode L2. Depositors can deposit a single asset to earn four boosted points.
Farms π§π»βπΎ
Supplying GHO-USDC Liquidity on Maverick earns ~27% APY
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Earn 4+ Airdrops on ETH, β¦
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