Today in DeFi - Magic Eden $ME Checker Launch, Meteora Launches M3M3 Staking, Austin Federa Leaves Solana to start DoubleZero, Upcoming Events and Token Unlocks, and more..

Launches 🚀

• 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.

• Meteora announces M3M3, a staking mechanism for memecoins inspired by the (3,3) model, designed to shift memecoin dynamics from PvP to PPP by reducing selling pressure and encouraging long-term staking.

• Particle Network unveils UniversalX, a chain-agnostic trading platform powered by Universal Accounts, eliminating the need for bridging and enabling seamless, borderless Web3 transactions.

• Avalon Labs launches $USDa, a Bitcoin-backed stablecoin on Hemi, offering up to 15% yields and an 8% fixed borrowing rate.

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• 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.

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Updates 📰

• Wormhole launches the W Staking Rewards Program, now live on the W Dashboard, enabling governance participation through staking.

• Aerodrome launches the AERO Fed, allowing veAERO voters to adjust emissions rates for growth. Early Velodrome Rewards voters get a 1.5x asset boost.

• Superform Labs launches on Linea, an Ethereum L2 zk-rollup, enabling seamless deposits into Linea vaults from any chain in one transaction. Users can earn up to 43% APY and ZeroLend’s Zero Gravity Points, convertible into $ZERO tokens.

• Spark proposes increasing the savings rate from 9.5% to 12.5% and the USDS/DAI borrow rate to ~12.5% on SparkLend.

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Upcoming ⏳

• Austin Federa leaves Solana to co-found DoubleZero, the first N1 network, alongside Mateo Ward and Andrew McConnell. DoubleZero aims to enhance bandwidth, reduce latency, and provide decentralized, permissionless base layer infrastructure for high-performance blockchains like Solana.

• Safe announces Safenet, a network linking L1s, L2s, and offchain systems for instant cross-chain execution, enhanced security, and onchain GDP integration.

• Ethena Labs announces the launch of $DRV on January 15, 2025, with 5% of the supply allocated to $sENA stakers.

• ZKsync Ignite announces its launch on January 6, 2024, with integrations across major DeFi protocols like SyncSwap, Uniswap, and PancakeSwap.

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Airdrops 🪂

• Magic Eden announces the launch of a $ME eligibility and allocation checker.

• Sonic Labs announces that the $S airdrop has not occurred yet. Users can earn points by engaging with apps on the Sonic mainnet after launch

• Kelp DAO launches the Kelp Gain vault on ZircuitL2, offering higher rewards, 2x Zircuit points, 3x Kelp Miles, and access to ecosystem airdrops, AXL grants, and multi-L2 rewards. Expansion to another L2 is coming soon.

• Sky Save Finance enables USDS borrowing and lending on Solana with 400,000 USDS in monthly rewards (~100,000 USDS weekly) for USDS suppliers.

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Farms 🧑🏻‍🌾

• 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

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Upcoming Events and Token Unlocks