Today in DeFi - FTX Ventures Bets Lens, PancakeSwap Live on Aptos, Intro to Tranches, and More...
FTX Ventures Bets Lens
Crypto exchange titan FTXโs 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.
FTX Ventures is reportedly to invest in Lens, the social media protocol built by Aave.
PancakeSwap Live on Aptos
๐ซก Attention: Aptos Trading Pairs!
๐ฅ Ahead of our deployment of incentivized Farms,
@CelerNetwork assets are now tradeable on PancakeSwap Aptos:
APT-USDC
WETH-USDC
USDT-USDC
&
โจBNB-USDCโจ
๐ฐ More pairs and CAKE incentives to follow!
๐ Trade now: aptos.pancakeswap.finance
PancakeSwap has enabled trading for a few USDC pairs on Aptos and will launch incentivized farms soon.
Chainlink Low-Latency Oracle
#Chainlink just announced a new oracle solution for DeFi derivatives ๐
Price oracle updates are attached directly to user transactions to mitigate frontrunning and reduce latency
Pretty massive for protocols like @synthetix_io ๐
blog.chain.link/low-latency-orโฆ
Chainlink introduces a new oracle solution for derivatives markets that will reduce latency, prevent front-running, and lower gas costs.
ApeCoin Approved Bug Bounty
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:
The ApeCoin DAO has approved a $4.4m bug bounty program. The program is expected to go live aiming to identify security issues in ApeCoinโs upcoming staking system. The staking system is expected to go live in early December.
Intro to Tranchess
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