Today in DeFi - GRASS Live on Oct 28, Kraken Launching L2 Ink, Storm Trade New Roadmap, Airdrop: Borrow Fixed Rate on ETH or BTC and Earn Points, and more..
Launches π
Covalent's EWM Light Client Testnet is live, offering rewards for securing Ethereumβs historical data. Participants can earn 20-25% APY and gain early access to the mainnet. For more information regarding the EWM Light Client, visit here.Β
Today in DeFi is supported in part by Covalent
DIAβs new Rollup-Powered βLuminaβ Reimagines Oracles
Discover Lumina, DIAβs cutting-edge new oracle stack, delivering the most trustless and verifiable data feeds in DeFi through its native βLasernetβ Ethereum Layer-2 rollup.
The DIA utility token β the gas token of the Lasernet, captures value generated by data usage revenue and redirects it to stakers, nodes and holders, setting the foundation for an economic flywheel βDIA staking is on the horizon, weβve heard.Β
Today in DeFi is supported in part by DIA
Updates π°
Storm Trade, a derivatives DEX on the TON network, has unveiled a new roadmap featuring significant platform enhancements. Key developments include the addition of new trading pairs and instruments, faster position openings, and guaranteed order execution. The platform will also introduce social features like copy-trading and leaderboards, along with new products such as leveraged prediction markets and options. Future plans include launching spot markets with margin trading, AI-powered trading tools, and a built-in non-custodial wallet.
Coinbase now supports deposits and withdrawals of USDC on the Sui network, allowing users to send USDC directly to their Sui wallets, streamlining access to the Sui ecosystem.
Safe Wallet has expanded to support multi-chain deployment, enabling users to deploy accounts across 15+ networks with a single click, using the same address on each chain and incurring no gas fees on major Layer 2 networks.
Rabby Mobile has gone fully open-source, following thorough security audits by Cure53, Least Authority, and Slow Mist.
DIA has partnered with WeFi to integrate high-frequency ETH/USD and USDC/USD price oracles into WeFiβs decentralized lending protocol on the Boba Network, facilitating global investment loan options for DeFi users via multi-pool borrowing.
Jumper has introduced a new multi-chain portfolio view feature. Users can now link multiple wallets, view their total portfolio balance at a glance, and select assets from their portfolio to swap directly within the Jumper UI.
Kwenta announced its Synthetix V3 upgrade, featuring new capabilities such as gasless one-click trading and a points reward system. Traders can now also deposit ETH, tBTC, and USDe as margin.
Upcoming β³
Kraken is set to launch its Layer 2 solution, Ink, built on the OP Superchain. Ink aims to simplify on-chain processes and bridge the gap between off-chain and on-chain worlds, making DeFi more accessible. With a focus on enhancing user experience and fostering a home for DeFi builders, Ink's long-term vision is to create a more streamlined DeFi ecosystem.
Airdrops πͺ
The GRASS token will be listed on Bybitβs Spot trading platform on October 28 at 2 PM UTC.
Kroma has released the eligibility details for its Season 1 Airdrop, allowing users to check and claim their allocations starting October 30 at 1 AM UTC. Meanwhile, Kromaβs Season 2 Airdrop is also live with additional rewards on the way.
Magic Eden will launch its TestME token on October 29.
INFINIT Ecosystem Protocols users will enjoy a 2x boost on INFINIT Stones from October 24 to November 7. By lending, borrowing, or providing LP across the 10 supported protocols, users can collect Stones to earn rewards via INFINIT or directly on participating platforms.
Pell Testnet has gone live with a new airdrop campaign. Participants in the Pell Network testnet can earn Galxe Loyal Points as quest rewards, and the top leaderboard users will receive Pell Airdrop Points (PAP) based on their rankings. The campaign runs until November 30.
Solv Protocol has partnered with OKX Web3 for a special staking campaign. Users can stake BTC.b and restake SolvBTC to earn up to 15% APY, with additional rewards from a bonus pool of 1,600 AVAX, 0.59 SolvBTC, Solv XP, and Babylon points.
To celebrate the launch of Ink, Kraken has teamed up with Optimism, Zora, and various artists to release a commemorative NFT, available for free minting for a limited time.
Farms π§π»βπΎ
Stake your GHO to earn ~15.98% APR from AAVE and Merit Program
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Airdrop: Borrow Fixed Rate on ETH or BTC and Earn Points
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