Today in DeFi - Lyra Chain Live, Synthetix Voting to End Inflation, LayerZero Confirms Token, Low-Risk LPing with Airdrop, and more...
Launches π
Options protocol Lyra launches Lyra Chain, an OP stack-powered L2 providing high throughput, low-cost settlement of transactions.
Upcoming β³
Synthetix Spartan Council is voting to end SNX inflation. If approved, SNX inflation will be reduced to zero in the claim week following the vote.
Lyra DAO is running the vote to launch V2. If approved Lyra Foundation will deploy Lyra Chain & protocol, fund the security module, launch V2 mainnet, and start incentives.
Aave DAO proposes to disable all flashloans on Aave V2 as a part of the ongoing deprecation of V2 and restrict the use of V3 flashloans for governance-enabled entities.
Aavegotchi DAO is voting to diversify the DAOβs treasury by purchasing 3 million DAI worth of ETH.
Clearpool will launch Clearpool Prime, an institutional-grade credit marketplace that will bridge the traditional private credit market and on-chain lending, and boost demands for CPOOL.
UX Chain hints at a stablecoin launch on Dec 12.
Inverse Finance will soon launch sDOLA.
Airdrops π§π»βπΎ
LayerZero has confirmed its token, and the token will launch in H1 2024.
Radiant yield optimizer Radpie will launch the RDP token IDO on Magpieβs launchpad on Arbitrum. Whitelisted users will be able to buy RDP with native USDC.
Poolshark Public Bonding Sale is launching at 5 pm UTC on Dec 11. Users will need WETH to buy bonds, and there will be 150k FIN available in the first tranche at a fixed FDV of 40mil.
Farms π§π»βπΎ
dHedge-powered yield farming protocol Toros offers ~40% APY on its Perpetual Delta Neutral Yield token (USDpy).
Solana-based lending protocol Kaminoβs Multiply product now offers 12%~21% APYs on leveraged SOL staking.
Low-Risk LPing with Airdrop, β¦
Keep reading with a 7-day free trial
Subscribe to Today in DeFi to keep reading this post and get 7 days of free access to the full post archives.