Today in DeFi - Flat Money on Base, Worldcoin to Launch "World Chain" L2, Scroll Loyalty Program, Up to 300% Leveraged Points APY on ETH, and more...
Launches π
Flat Money, a protocol built by the dHedge team, is live on Base L2. Flat Money LPs can deposit Rocket Pool $rETH to mint $UNIT, a yield-bearing flatcoin that earns trading fees, funding rate fees, and liquidation fees from the Perpetual Futures Market. Leverage Traders can open long positions on $rETH in the Perpetual Futures Market and earn $FMP rewards based on $rETH trade volume.
Updates π°
Aevo enables new trading features, allowing traders to close a portion of their positions (Partial TPSL), and set take profits or stop losses on their full market order when opening a new position (TP/SL).
Upcoming β³
Worldcoin introduces World Chain, an L2 built on Optimismβs OP stack. World Chain will launch this summer and will grant special treatment to users who scan their eyeballs in exchange for a "World ID" digital passport.
Myso Finance is launching an Initial Open Offering. The IOO will allow users to acquire MYT by pledging some collateral as part of a MYSO loan with the option to either keep the MYT or return it before a fixed expiry date to reclaim their collateral.
Airdrops πͺ
Scroll L2 introduces Scroll Sessions, Scrollβs loyalty program to reward users with Scroll Marks for participation in the ecosystem. Starting with Session Zero, users can bridge ETH and wstETH via the native bridge and STONE using LayerZero to be eligible for rewards.
Farms π§π»βπΎ
Supplying GHO liquidity on Gearbox earns ~36% APY
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Up to 300% Leveraged Points APY on ETH
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