Today in DeFi - Karak Native Restaking on Arbitrum, Starknet Coming to Bitcoin, Plume Incentivized Testnet, >30% Fixed Yield on USDe, and more...

Updates 📰

• Karak, a universal restaking layer, now supports native restaking on Arbitrum. Early users can now restake stablecoins and LSTs on Arbitrum.

• Safe Wallet now supports native swaps on Arbitrum, enabling batch auctions, MEV protection, and decentralized liquidity for users.

• IntentX will now use 75% of protocol revenue to buy back INTX and 25% to build Protocol Owned Liquidity (POL). Stakers will receive INTX rewards from INTX buybacks and xINTX exit penalty.

---

Upcoming ⏳

• StarkWare's CEO announced plans to bring its zero-knowledge tech to Bitcoin, saying that “Starknet will become the first network to settle simultaneously on Bitcoin and Ethereum”.

• Illuvium, a gaming project on Ethereum, will launch its Open Beta Mainnet on July 25th. The team added an extra 10,000 $ILV to the testnet rewards, totaling 20,000 $ILV.

---

Airdrops 🪂

• Plume Network, a modular L2 for RWAs, will launch its incentivized testnet. Users can now sign up for testnet access.

---

Farms 🧑🏻‍🌾

• Stake your GHO to earn ~26% APR from AAVE and Merit Program

  • Today in DeFi is supported in part by ACI

---

Today in DeFi is Now on Telegram

Get notified of daily DeFi news, project analysis, early airdrops, farming opportunities, and many more as soon as we publish. https://t.me/todayindefinews

For news tips and press releases reach us at news@todayindefi.com.

For sponsorships or partnerships, reach us at: support@todayindefi.com

---

>30% Fixed Yield on USDe