Today in DeFi

Today in DeFi

Today in DeFi - FTX Ventures Bets Lens, PancakeSwap Live on Aptos, Intro to Tranches, and More...

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π•―π–†π–“π–Œπ–Šπ–—
Nov 04, 2022
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FTX Ventures Bets Lens

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FORTUNE@FortuneMagazine
Crypto exchange titan FTX’s venture arm, FTX Ventures, invested in the Lens Protocol, a new base layer for Web3 social media applications created by the team behind decentralized finance (DeFi) lending platform Aave, Fortune has learned.
bit.ly
Scoop: FTX Ventures bets on Web3 social media with investment in Lens Protocol
7:23 PM Β· Nov 3, 2022

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FTX Ventures is reportedly to invest in Lens, the social media protocol built by Aave.

PancakeSwap Live on Aptos

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PancakeSwap πŸ₯ž #BSC@PancakeSwap
🫑 Attention: Aptos Trading Pairs! πŸ₯ž Ahead of our deployment of incentivized Farms, @CelerNetwork assets are now tradeable on PancakeSwap Aptos: APT-USDC WETH-USDC USDT-USDC & ✨BNB-USDC✨ 🐰 More pairs and CAKE incentives to follow! πŸ‘‰ Trade now: aptos.pancakeswap.finance
10:17 AM Β· Nov 3, 2022

65 Reposts Β· 277 Likes

PancakeSwap has enabled trading for a few USDC pairs on Aptos and will launch incentivized farms soon.

Chainlink Low-Latency Oracle

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ChainLinkGod.eth@ChainLinkGod
#Chainlink just announced a new oracle solution for DeFi derivatives πŸ‘€ Price oracle updates are attached directly to user transactions to mitigate frontrunning and reduce latency Pretty massive for protocols like @synthetix_io πŸ™Œ blog.chain.link/low-latency-or…
blog.chain.link
A Low-Latency Oracle Solution for the DeFi Derivatives Market | Chainlink
11:19 PM Β· Nov 1, 2022

111 Reposts Β· 558 Likes

Chainlink introduces a new oracle solution for derivatives markets that will reduce latency, prevent front-running, and lower gas costs.

ApeCoin Approved Bug Bounty

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ApeCoin@apecoin
The author of AIP-134 has indicated the program will last roughly 3 weeks, suggesting a postponement of the launch until November 24, 2022. This timeline is explained on Discourse:
forum.apecoin.com
Ape Staking & Bug Bounty Process
1:06 AM Β· Nov 3, 2022

7 Reposts Β· 45 Likes

The ApeCoin DAO has approved a $4.4m bug bounty program. The program is expected to go live aiming to identify security issues in ApeCoin’s upcoming staking system. The staking system is expected to go live in early December.

Intro to Tranchess

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