Today in DeFi - Kamino Launches Kamino Swap, Meteora $M3M3 Fee Rewards Live, Phantom to Add Sui Support, BTC Farm: Participate in Airdrops and Earn 46%+ APY with BTC, and more..

Dec 06, 2024

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Vectis introduces JLP Navigator Vault, a leveraged delta-neutral strategy to optimize returns while mitigating risk.

It leverages JLP holdings with Drift to enhance real yield from Jupiter Perpetuals, uses delta-neutral hedging to reduce exposure to SOL, BTC, and ETH, and identifies arbitrage opportunities through JLP premium/discount management, with a current APY of 72.33%.
- Today in DeFi is supported by Vectis Finance.
Kamino launches Kamino Swap, a Solana-based exchange using Pyth Network to eliminate slippage, fees, and MEV, ensuring efficient and seamless token swaps.
MilkyWay launches Celestia's first restaking protocol, allowing assets like TIA, milkTIA, and stTIA to secure MilkyWay AVSs and off-chain programs. mPoint rewards outside Osmosis LP (milkTIA) are discontinued.
Movement announces the launch of Movement Network Mainnet Beta. Infrastructure providers can now begin supporting the network.

DIA launches Lasernet on testnet, an ETH Layer-2 engineered for oracle infrastructure, to enhance scalability and decentralization.

Built on Ethereum in collaboration with Conduit, Optimism, Celestia and Hyperlane; Lasernet enables trustless, decentralized, and permissionless data delivery for blockchain applications, with pull- and push-based oracles now available for testing on Ethereum Sepolia. The mainnet launch is planned for Q1 2025.
- Today in DeFi is supported by DIA.

Meteora announces $M3M3 fee rewards are now live, with over $4 million to be distributed to the Top 999 stakers. All $M3M3 holders can stake and compete for a share of the rewards.
Lido announces wstETH is now live on Starknet, allowing users to bridge tokens to access Starknet's DeFi ecosystem with lower gas costs and faster transactions.
MetaMask announces ETH staking is now live on MetaMask Mobile, allowing users to stake and earn rewards directly from their app.

Perennial introduces Perennial Intents, novel intent layer designed to enhance
liquidity and provide a CEX-like trading experience for perpetuals in DeFi.

It offers guaranteed price execution, seamless one-click trading, and deep
liquidity by combining intent-based order matching with AMM settlement, while
the new "Petals" program rewards active traders with points.
- Today in DeFi is supported by Perennial Finance.
Phantom has announced plans to integrate support for the Sui blockchain, expanding its multichain capabilities beyond Solana, Ethereum, and Polygon.
Pudgy Penguins announces $PENGU launching in 2024.
N1 introduces a new L1 blockchain focused on enabling all code and applications fully on-chain.
Babylon announces BTC staking on Binance Earn, launching December 9. Users can stake BTC and earn rewards directly through their Binance accounts.
Nexus announces a new network testnet launching December 9, aiming to reduce time and resources for the Verifiable Internet.

Deposit cbBTC and borrow USDC on Base or Ethereum mainnet to earn your share of $150,000 in incentives through the Merit Program from ACI. These incentives will be distributed over three months. For more details, click here.
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BTC Farm: Participate in Airdrops and Earn 46%+ APY with BTC

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