Today in DeFi - Kernel DAO Mainnet Now Live, Magic Eden Introduces New Quest System, Babylon Launches Cap-3 BTC Staking , Weekly Airdrop Claims and Upcoming Airdrops, and more..

Dec 11, 2024

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Kernel DAO has launched its Mainnet on BNB Chain, offering restaking options for BNB, LSTs, and BTC derivatives, along with Kernel Points (KP) for additional rewards. Early participants can earn a 25% bonus, with an initial restaking cap of 10 million, adjustable within 24 hours.
Astorl has launched its Mainnet, introducing capital efficiency on the Eclipse platform. Users can now earn, lend, borrow, and optimize their returns.

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.
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..

Babylon Labs has launched Cap-3, introducing native and trustless BTC staking. The initiative aims to enhance participation in the Bitcoin ecosystem.
EigenLayer has launched a User Testing Program, inviting volunteers to provide feedback on upcoming features and products. Participants will contribute to the development process and help enhance the overall user experience.
Sonic Labs has introduced the Sonic Gateway, a secure and decentralized bridge connecting Ethereum and Sonic. Designed to simplify cross-chain asset transfers, the platform includes a "Fast Lane" feature to enable seamless participation in DeFi opportunities.
Sturdy Finance's Bittensor subnet has integrated Ondo, enabling deposits into an aggregator designed for AI-optimized yields on institutional-grade assets.
Sky announced that Spark has deployed $100 million in stablecoin liquidity on Base, offering users access to a leading DeFi savings product with on-demand liquidity. Users can save with sUSDS while retaining full control over their assets.

f(x) Protocol V2 by Aladdin DAO is almost here,
bringing unlimited upside potential: Up to 10X leverage on ETH with no individual liquidations and 0 funding fees. fxUSD will supercharge your yield, with the USD Delta-Neutral strategy for massive yields without market exposure.
- Today in DeFi is supported by f(x) Protocol
Elixir is gearing up to integrate institutional liquidity into DeFi, with progress nearing completion at 96%. Further updates are expected as the initiative approaches its launch.
Bgdlabs has introduced Aave v3.3, featuring upgrades to prepare the protocol for Umbrella and enhancements to the liquidation algorithm and bad debt management.

Magic Eden has introduced a Questing system featuring ongoing and capped quests, with Chapter 1 running for 90 days. Users can perform tasks such as token swaps and NFT trades to earn rankings, which influence payouts.
Fuel has allocated 20% of its total initial $FUEL supply to the community, distributed based on eligibility criteria such as participation in the Fuel Points Program and incentivized testnet. Overall, 51% of FUEL is designated for community, ecosystem, and R&D initiatives.
FLOKI has announced the launch of the $MONKY token on December 12 at 10:00 AM UTC through Ape Accelerator and Forj, a subsidiary of Animoca Brands. A significant portion of the token supply is allocated to the Floki Ecosystem, including 27% for $FLOKI holders/stakers, 4% for $TOKEN holders/stakers, and 4% for the Floki Trading Bot.
Magic Eden has launched $ME, with tokens available for claiming until February 1, 2025. Unclaimed tokens by the deadline will be redistributed to stakers.
Mantis Season 3 is live, distributing 2M Credits daily with rewards for deposits, swaps, and cross-chain activities on Solana and Ethereum.
Arcium has launched the Layer3 Winter Wonderland on Solana, collaborating with leading projects in the ecosystem to deliver an immersive on-chain winter experience.

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.
- Today in DeFi is supported by ACI
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.

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Weekly Airdrop Claims and Upcoming Airdrops

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