Today in DeFi - Liquity Launch, Kyber DMM, and more

Liquity Launch

Liquity @LiquityProtocol

Liquity is now live on Ethereum mainnet! 🚀 Users can start borrowing $LUSD interest-free against their ETH, earn $LQTY rewards, and stake $LQTY to earn protocol fees using any of the available frontends. Full announcement here: medium.com/liquity/liquit…

medium.comLiquity Goes Live on Ethereum MainnetAfter a year and a half of research and development, we are proud to announce that Liquity has been deployed to Ethereum mainnet and is now live! Liquity is a decentralized borrowing protocol that…

Liquity has just launched. Liquity is a MakerDAO-like system where users can collateralize ETH to mint LUSD. Unlike MakerDAO, there is no stability fee, and the collateral ratio is much lower, at just 110%.

Sushiswap

Today in DeFi is sponsored by Sushiswap.

Sushiswap is a DeFi-Native DEX which features the best liquidity across many DeFi pairs such as YFI, SNX, and AAVE.

Sushiswap has recently launched Bentobox, gas-efficient lending platform for DeFi, as well as Kashi, a one-click margin-trading platform.

Check out Sushiswap at Sushi.com, or try the Bentobox/Kashi beta at staging.sushi.com

Kyber Dynamic Market Maker

Kyber Network @KyberNetwork

After months of research, we're excited to unveil the mainnet beta of Kyber Dynamic Market Maker (DMM) protocol! 🚀dmm.exchange is a next-gen AMM designed to optimise fees and enable extremely high capital efficiency for liquidity providers. blog.kyber.network/kyber-dmm-beta…

Kyber Network has just launched its Dynamic Market Maker. The Kyber DMM offers dynamic fees which reacting to market conditions, potentially improving returns for LPs while reducing IL. LPs can also customize their pricing curves for their token pair, improving capital efficiency.

vBNT Burner live

Bancor @Bancor

🔥 The Bancor Vortex $vBNT burner is LIVE 🔥 As of today, 5% of all swap fees on Bancor will be used to buy & burn vBNT! 🔒 Burned $vBNT = $BNT locked in Bancor forever ⚡️ As swap volume rises, burning accelerates, increasing TVL & reducing the circulating supply of $BNT 👇

Bancor has just launched its vBNT burner. 5% of swap fees will be used to burn vBNT - BNT staked into Bancor vortex. This will reduce the bnt circulating supply in relation to Bancor usage.

Charm Cube Tokens

Charm @CharmFinance

🧊 Cube tokens live on mainnet now at cubes.fi ! Simplest way to get 3x leveraged tokens for BTC, ETH, AAVE, LINK, UNI, FYI, and more to come... Further details: medium.com/charmfinance/c…

Charm Finance, an options protocol, has launched leveraged tokens for BTC, ETH, AAVE, LINK, UNI, and YFI. Users can go 3x long or short with these tokens.

Follow @todayindefi to keep up with the latest DeFi news on Twitter.

Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned