Today in DeFi - Fraxtal Chain Live, Matcha Auto on Arbitrum, Gnosis Sunsetting VIP, Restake ETH to Earn Multiple Rewards, and more...
Launches π
Frax Finance launched the Fraxtal testnet and mainnet for select launch partners, and normal users will be able to connect to the chain in the next few days.
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Updates π°
Matcha DEX aggregator launched Matcha Auto, allowing users to swap tokens held on Arbitrum without needing ETH for gas, plus MEV protection, RFQ liquidity, lower reverts, and faster trade confirmations.
Celestia introduces the Celestia Foundation validator delegation program. Starting on 1st February 2024, the program opened its doors for applications. Out of the 100 validator slots on Celestia Mainnet Beta, the Foundation will delegate to 50 under the program.
Issues π¨
Gnosis Chain announced the sunset of the Gnosis Validator Incentive Program due to operational challenges including failed node identification, engineering costs, and risks of failure being too high.
Upcoming β³
The immutable X team scheduled an upgrade to the network on Feb 27th, 2024. Immutable zkEVM will not be impacted.
Bullish on ETH?
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Airdrops πͺ
Ether.fi eETH is now on Pendle on Arbitrum. For the first 2 weeks, the new eETH pool on Arbitrum will be giving out a limited-time 3x EtherFi Loyalty Points.
Farms π§π»βπΎ
Steer Finance stable smart pools on Polygon PoS are offering good yields.
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High-Yield Farms, Restake ETH to Earn Multiple Rewards, β¦
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