Today in DeFi - Evmos Relaunch, Deus Exploit, and More...

Apr 28, 2022

Evmos Relaunch

Cosmos-based EVN chain Evmos relaunches after the network got halted due to an upgrade error. The team will also relaunch the rektdrop claim in 2 days.

DeFi Saver

Today in DeFi is brought to you by DeFiSaver. DeFiSaver lets you:

-Save your loans from liquidations
-Maintain leverage as price rises through automation
-Earn yield on ETH, WBTC, or DeFi assets like $AAVE or $UNI

Get more out of your ETH at: DeFiSaver.com

Deus Exploit

DEUS Finance DAO @DeusDao

The dev team is working on the DEI situation. 1. User funds are safe. No users were liquidated. 2. DEI lending has been temporarily halted. 3. $DEI peg has been restored. More details to follow.

OTC derivatives platform Deus Finance was exploited with a ~13.4m fund loss. The hacker manipulated the oracle price, then use mispriced DEI as collateral to borrow and drain the pool.

Balancer L2 Staking Live

Balancer Labs @BalancerLabs

Staking PSA Staking on L2s is live. LPs for eligible Pools who don’t stake by the end of day today (4/27) will lose out on incentives. ⬇️⬇️⬇️ Polygon.balancer.fi and arbitrum.balancer.fi @0xPolygon @arbitrum

arbitrum.balancer.fiBalancerAutomated portfolio manager and trading platform

Balancer DEX launches staking on Polygon and Arbitrum, and the L2 incentives will resume on April 28.

Celer Cross-chain NFT Solutions

CelerNetwork @CelerNetwork

🚀Super excited to announce that Celer’s cross-chain NFT solution package has launched on mainnet! 🌎Issue true cross-chain NFTs that can seamlessly move between chains 🌉Bridge existing NFTs to other chains to gain access to multi-chain audiences blog.celer.network/2022/04/27/cel…

blog.celer.networkCeler Launches Cross-chain NFT Solution on MainnetWe are extremely excited to share that Celer’s cross-chain NFT solution is launching on mainnet! This solution is launching with a new way to create and launch cross-chain native NFTs that can be seamlessly transferred between blockchains as well as an NFT bridge to support the bridging of existing…

Built with Celer’s IM framework, Celer’s cross-chain NFT allows developers to issue NFTs with cross-chain mobility that can be transferred between Celer-supported chains easily.

KSM Unlocking on Moonriver

Moonriver Network @MoonriverNW

❓ So what is “The Big Unlock”? Around May 15th, ***1.1 MILLION $KSM*** from the first batch of parachain crowdloans will be unlocked. That means ~10% of the supply will be back in circulation.

A 1.1m of KSM tokens that were contributed to Kusama parachain crowdloans for slots will be unlocked for the original token holders to use, bringing liquidity to DApps on Moonriver.

Farming on Solana… and More

There’s more to today’s letter, but it’s reserved for Premium subscribers.

Today in DeFi Premium includes early looks at promising projects, and proprietary research to help you get the most out of DeFi.

Subscribe today with Credit Card or Crypto (get discounts on quarterly or yearly subscriptions).

Follow @todayindefi 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.