Today in DeFi - BlackRock 100M Digital Asset Fund, ParaSwap V6 Exploit, Gyroscope Points Program, Zero-Cost Airdrop Farming, and more...
Updates ๐ฐ
BlackRock launched a tokenized digital asset fund and deposited $100m USDC on the Ethereum Network to back the fund.
Yearn launched V3 Vaults on Ethereum with more vaults and strategies coming to V3.
IndexCoop launched ETH2x and BTC2x, new Layer 2 leveraged tokens on Aave V3 to replace IndexCoopโs legacy FLI tokens (TH2x-FLI and BTC2x FLI).
Issues ๐จ
ParaSwap discovered a vulnerability affecting V6 users. The team has paused V6 API and secured users' funds with white hat hackers' help. ParaSwap also urged users to revoke permission to the V6 contracts while the team investigates.
Upcoming โณ
Gotchichain, a Layer 3 rollup dedicated to the Aavegotchi on-chain game, will use Base L2 for settlement. Gotchichain is set to launch in Q2.
IndexCoop introduces Product Revenue Tokens (PRTs), a new way for early depositors to own a piece of a new product's revenue stream. The first product to go through a pre-sale process will be a High Yield ETH Index (hyETH).
Inverse community proposed to raise the current DBR auction ceiling by 400% to retire bad DOLA debt more quickly.
Airdrops ๐ช
Gyroscope launched Rehype liquidity pools and introduced the SPIN points program. Users can earn SPIN by holding GYD, LPing GYD, and LPing select LST & Rehype pools.
DFlow Daily XP is live for early users. Users need an invite code to pre fund their accounts and earn Daily XP.
Merit, Aaveโs 90-day program with $2.1m in ETH and 2.9m GHO in rewards, is live. 280 WETH was distributed to WETH borrowers, and an airdrop to GHO borrowers and stakers is scheduled for next week.
Farms ๐ง๐ปโ๐พ
Staking your GHO on Aave earns ~30% APR.( Staking GHO is eligible for the Merit program and may earn additional rewards on top of the advertised PR)
Today in DeFi is supported in part by ACI
Today in DeFi is Now on Telegram
Get notified of daily DeFi news, project analysis, early airdrops, farming opportunities, and many more as soon as we publish. https://t.me/todayindefinews
For news tips and press releases reach us at news@todayindefi.com.
For sponsorships or partnerships, reach us at: support@todayindefi.com
Zero-Cost Airdrop Farming, โฆ
Keep reading with a 7-day free trial
Subscribe to Today in DeFi to keep reading this post and get 7 days of free access to the full post archives.