Today in DeFi - Infinex Live on Base Mainnet, zkSync Era Network Issue, Neon EVM Launches Neon Points, Organic Stable Farming, and more...
Launches π
Built by Synthetix, the Infinex perp DEX launches on the Base mainnet. This is an alpha launch, and only 13 of the selected ambassadors will be able to trade on Infinex with a 1000 USDC grant.
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Updates π
Reserve Protocol partners with StakeDAO to launch USDC+, an over-collateralized yield-bearing USDC basket. USDC+ is backed by 33% Flux USDC, 33% Morpho USDC, and 33% Compound USDC.
Merchant Moe, Trader Joeβs franchise on Mantle L2, has enabled JOE bridging and mJOE staking. Users can bridge and stake their JOE on Merchant Moe in preparation for the MOE airdrop.
Trader Joe deployed a 'Swap Anyway' feature that βremoves the greyed-out state of the swap button when a contract write simulation fails.β Users are now able to press 'Swap' under any condition.
Oku Trade launches Uniswap V3 on Scroll L2 (Oku is a DEX interface, powered by Uniswap v3).
Hacks/Issues πΎ
zkSync Era encountered an issue triggered by one of the networkβs automated safety procedures, and the networkβs block production was suspended for 2 hours. The issue is now resolved and there is no fund loss.
Upcoming β³
Sturdy will launch V2 on Jan 16th with $800,000+ in incentives and 750,000 STRDY tokens to be airdropped to early aggregator depositors.
Bridging protocol MultiBit will support bridging Solana assets to Bitcoin, and support BitStableβs DAII (Bitcoin-based stablecoin) on Solana.
Polkadot founder published an annual roundup with upcoming updates on Polkadot, including the Agile Coretime, On-Demand Parachains, Ethereum Snowbridge, Kusama bridge, and Elastic Scaling.
Airdrops πͺ
Neon EVM starts the Neon Points program. Points can be earned in 3 community contributions: Creating, Engaging, and Participating.
Myso Finance launches MYSO Activity Points (MAP). Users can earn points by borrowing, lending, referring new users, and creating a new lender vault.
High-Yield Stable Farms, Organic Stable Farming, β¦
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