Today in DeFi - BounceBit BTC Restaking Chain Live, Fantom Sonic Upgrade, Solana Drift Airdrop Claim, 18% APR on Stables + a Lottery Ticket, and more...

Launches 🚀

• BounceBit, a Bitcoin restaking chain backed by BinanceLabs, launched its mainnet. Users can now stake BB/BBTC to earn staking rewards, earn yield via Funding Rate Arbitrage, and check their airdrop rewards if eligible.

• Pear Protocol, an on-chain pairs trading protocol, launched public beta. Pear is built on top of perp dexes like GMX, Vertex, and SYMM, allowing users to trade over 210 pairs and earn up to 350000 ARB.

---

Upcoming ⏳

• Fantom Foundation announced a network upgrade is coming soon, with validators beginning the upgrade process this week. The upgrade, supported by Sonic technology, is set to introduce a new Opera, aiming to enhance the network's scalability.

• PlutusDAO announced full decentralization, with plans to transition control to our bPLS token holders.

• Aevo provides details for the RBN-AEVO conversion. The token conversion UI will go live on 15 May at 08:00 UTC, allowing RBN holders to swap 1:1 to get $AEVO.

---

Airdrops 🪂

• Drift’s Launch Airdrop claims will go live on May 16 at 12 pm UTC (8 AM EST). All eligible users will have two components to their airdrop: An initial allocation and a bonus allocation.

• Nekodex is launching a trading competition on May 14th. Traders can earn rewards based on their share of total P&L and ROI.

• io.net, a Solana AI computing project, will take a final snapshot of wallets for Season 1 rewards. Users who ran a Worker during Season 1 must input a wallet address before the deadline to see and claim rewards.

• Zapper, a DeFi and NFT portfolio tool, hinted at a token launch.

• Electron, a DEX launching on Neutron, will allow ATOM and NTRN stakers to earn ELE airdrops.

---

Farms 🧑🏻‍🌾

• Stake your GHO to earn ~40% APR from AAVE and Merit Program

  • 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

---

18% APR on Stables + a Lottery Ticket