Today in DeFi - Karak Native Restaking on Arbitrum, Starknet Coming to Bitcoin, Plume Incentivized Testnet, >30% Fixed Yield on USDe, and more...
Updates π°
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 β³
StarkWare's CEO announced plans to bring its zero-knowledge tech to Bitcoin, saying that βStarknet will become the first network to settle simultaneously on Bitcoin and Ethereumβ.
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 πͺ
Plume Network, a modular L2 for RWAs, will launch its incentivized testnet. Users can now sign up for testnet access.
Farms π§π»βπΎ
Stake your GHO to earn ~26% APR from AAVE and Merit Program
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>30% Fixed Yield on USDe
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