Today in DeFi - Factor V2 Live on Arbitrum, Thena Alpha on BnB Chain, Delta-Neutral Options LPing, and more...
Factor V2 Live on Arbitrum
Arbitrum-based yield protocol Factor launched V2 with initial strategies for TradeJoe, Mux, and GMX vaults. Factor launches v2 staking rewards.
Thena Alpha on BnB Chain
BnB Chain-based DEX Thena.fi launches its perp trading platform Alpha. Alpha supports 100 assets with up to 40x leverage and has zero funding rates.
Alpha is in its early stage and is only open for whitelisted addresses.
Connext xERC20
Connext introduces the xERC20, a cross-chain token standard that allows token issuers to manage bridges, set minting limits, and let selected bridges mint identical tokens.
Voting: Parrot Token Redemption
Solana-based lending protocol Parrot is voting on a proposal to enable PRT redemption and to transit Parrot to a no-token protocol by declaring the PRT token nullified.
Parrot sold over $80m of PRT in its ICO back in late 2021, with a current ROI of -89% for investors
The vote has a 99% support rate and will end within two days. The team holds control over 81% of all tokens, raising the communityβs concerns about the effectiveness of the protocol governance.
Protocol Merger, Options LPing, β¦
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.