Today in DeFi - New Curves, TokenLon 5.0, and More...
New Curve Pools
Curve Finance is making moves. Recently it has added sETH/ETH and EURS/sEUR pools. These are stable pools allowing users to earn sustainable yield on ETH or Euro stablecoins.
The EURS/sEUR pool is particularly interesting because it increases the liquidity and stability of the EURS/sEUR pair. EURS is a Euro stablecoin with offramps, while sEUR is a decentralized synthetic stablecoin pegged through an oracle.
TokenLon 5.0
TokenLon has just released TokenLon 5.0, the latest version of its DEX, which aggregates liquidity from professional market makers as well as Curve and Uniswap. It also is releasing its $LON token.
SNX Shaula Release
SNX just had its Shauna release. This release adds ERC20 collateral support, with the first token being RenBTC. This capability is at the contract level and will be added to the dapp later. It also allows users to short assets against sUSD.
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Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned