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 π
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 π°
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. Kujiraβs 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 Gyroβs yields.
Define your own fixed rates and loan durations through Size Creditβs innovative lending model. Available today on Base
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Upcoming β³
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 πͺ
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 π§π»βπΎ
Stake your GHO to earn ~27.6% APR from AAVE and Merit Program
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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.
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Deposit $USDC to Earn 12% APR and Airdrop
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