Today in DeFi - LEND->AAVE Migration, ZUSD yVault ETF
LEND->Aave Migration
The LEND to AAVE migration has passed vote, and will start this Friday:
Migration is expected on Friday around 8:40UTC - time is rough as it is based on the block number 10978863. Follow @lemiscate or @AaveAave on Twitter to stay up to date on the situation. You can read more about βAavenomicsβ here.
ZUSD yVault ETF
ZETA has just launched ZUSD, an ETF composed of yVault tokens.
ZUSD represents a weighted share of stablecoins deposited in yVaults. Because yVault interest rates can be volatile, this can be an interesting way to earn a more stable yield on stablecoins.
Disclaimer: Projects or tokens mentioned in this newsletter are often experimental and unaudited. Do your own due diligence before using or buying anything mentioned.