Today in DeFi - Fractal Mainnet Live, friend.tech Dev Renounced Control of Contract, peaq to Go Live Soon, Stake LBTC to Earn Airdrop Points, and more..

Sep 09, 2024

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Fractal Mainnet is now live. You can self-custody Fractal assets using UniSat Wallet and OKX Wallet. Users of the two wallets can also check the eligibility to claim the rewards from Fractal Mainnet Bootstrap Program. Once BRC-20 is activated at Block 21000, users can swap Fractal BRC-20 assets seamlessly via PizzaSwap. BTC can also be bridged to Fractal and back, using the brc-20 standard.
Lombard’s LBTC is now live on Morpho. Morpho’s vault curators Gauntlet and Re7Capital have already launched LBTC/wBTC borrow markets with MEVCapital set to join them in the coming weeks. Users can now supply LBTC as collateral to borrow wBTC.
Ethervista released VISTA Apps to help developers create tokens or building further on top of the infrastructure, aiming to pushes creators beyond basic memecoins, incentivizing them to build.
KyberSwap, an on-chain DEX liquidity aggregator, has integrated Ethervista’s liquidity pools. By doing so, KyberSwap aims to bring better rates and liquidity for new tokens.

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BNB Chain announced the launch of the BNB Chain Bridge to increase the cross-chain interoperability in collaboration with Celer, deBridge, and Stargate. BNB Chain promises to provide users with lower bridging costs, more liquidity, wider DeFi application, and improved experience with the launch.
Fractal provided further details regarding the highly expected tokenomics. It reiterated on the team’s plan about token pre-sale date, distribution & unlock timeline, mining schedule, and future roadmap.
Pups token has moved from the BRC-20 token standard to Runes to align with Bitcoin’s dominant token standard created by the founder of Ordinals. Holders of the BRC-20 token can migrate to Runes using OrdKit (directly on Bitcoin). Holders of the wrapped BRC-20 token on Solana can migrate to wrapped Runes using RuneMine (directly on Solana). The deadline of migration is Nov 5 2024.

friend.tech has the admin and ownership parameters have been set to 0x000...000 to prevent any changes to their fees or functionality in the future. The protocol will function as usual but any future upgrade will be impossible. No fees from either smart contracts or friend.tech currently go to the dev team multisig.

peaq, a Layer 1 blockchain dedicated to DePIN and RWA, will go live before the end of this month. peaq has partnered with Mastercard, fetch.ai, BOSCH, Wormhole, Ledger, Safe, etc. and currently has more than 850,000 active users across 180+ countries.
Aave will soon onboard EtherFi and Ethena onto its Ethereum markets for lending and borrowing. It’s also working on the expansion to cover l2 chains like ZKsync and Linea.

Zircuit now supports the staking of Ignition’s FBTC. You can now stake FBTC on Zircuit to earn 2x Zircuit Points and 2x Ignition Sparks.
Satoshi Protocol is campaigning for the third round of BEVM Visionary Builder Competition. You can vote for Satoshi Protocol to get the OAT with potential future airdrop.

Stake your GHO to earn ~19% APR from AAVE and Merit Program
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Stake LBTC to Earn Airdrop Points

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