Today in DeFi - NEAR Chain Signatures Live, Kujira Thorchain Partnership, Blast Phase 2 Gold Distribution 2 Live, Deposit $USDC to Earn 12% APR and Airdrop, and more...

Launches 🚀

• Soul Wallet, a smart wallet for Ethereum L2s, soft launches v1 on Optimism. Soul Wallet offers social recovery, passkey signing, and compatibility with the most popular L2s.

• CoW AMM is live on Balancer, allowing users to deploy liquidity on the first MEV-capturing AMM with just a few clicks.

---

Updates 📰

• Near launches Chain Signatures on its mainnet. The feature allows users with a NEAR account to sign transactions on blockchains it supports without cross-chain bridges.

• Kujira announced a recovery plan and a Thorchain partnership. Kujira’s next step is to raise money through the PILOT sale to clear out all debts, with Thorchain founder backstopping the raise with $3m.

• Usual, an RWA stablecoin protocol, is live on Pendle. During the Pills campaign, holding USD0++ gives you access to Pills and a share of the airdrop.

• Gyroscope sGYD, a yield-bearing stablecoin, is live on Ethereum and Arbitrum. sGYD yields are expected to be 12-15% at launch. SPIN points also enter its final phase, focused on amplifying Gyro’s yields.

---

• Define your own fixed rates and loan durations through Size Credit’s innovative lending model. Available today on Base

  • Today in DeFi is supported in part by Size Credit

---

Upcoming ⏳

• Compound DAO proposes to implement the community multi-sig to be used as a guardian for Compound Governance. The Proposal Guardian "is to act as a last defense against any malicious governance votes in the future."

• Rocketpool DAO proposes a tokenomics rework (RPIP-49).
  The tokenomics rework includes a set of flexible items. If RPIP-49 gets approved, the below items will have one or more snapshot votes to ratify their final form:

  • Saturn 2 Surplus Share Strategy

  • Vote Eligible RPL Targets

  • Deposit Strategy

  • Penalty System

  • When the security council should change the node operator commission.

---

Airdrops 🪂

• Blast L2 Phase 2 Gold Distribution 2 is live, with 10M Gold allocated to existing dapps and 1M to new dapps.

• Mantle L2 partners with Pendle for Mantle Season 1. Users holding mETH LP or YT on Pendle can earn 25x Powder per mETH daily.

• Hourglass, a rewards booster protocol, brings point leverage to Mantle L2, allowing users to get 35x leverage on their mETH powder. Deposits are initially capped at $250k

• Morpho rewards accrued up to 24 July on Base and Ethereum are now claimable on the Morpho interface. Rewards include WELL, USDC, OVN, RSR, and others.

---

Farms 🧑🏻‍🌾

• Stake your GHO to earn ~27.6% APR from AAVE and Merit Program

  • Today in DeFi is supported in part by ACI

• Kamino introduces JLP Multiply, a one-click loop product that gives users leveraged exposure to the JLP price, and fee yields.

• Kamino August rewards are distributed to Jito LPs, with $485,0000 in rewards across 4 JitoSOL Liquidity Vaults on Kamino.

---

Today in DeFi is Now on Telegram

Get notified of daily DeFi news, project analysis, early airdrops, farming opportunities, and many more as soon as we publish. https://t.me/todayindefinews

For news tips and press releases reach us at news@todayindefi.com.

For sponsorships or partnerships, reach us at: support@todayindefi.com

---

Deposit $USDC to Earn 12% APR and Airdrop