Today in DeFi - Nexus Mutual V2 Live, Sovryn DLLR, Staked ETH Index Token, and More...

Nexus Mutual V2 Live

Nexus Mutual @NexusMutual

Nexus Mutual V2 is live on Ethereum mainnnet 🥳 "Businesses can now build on top of the Nexus Mutual protocol to share any risk–not just crypto-related risks. To me, this is what DeFi is all about–providing access to those who truly need it." @HughKarp

Nexus Mutual launches V2, enabling the launch of staking pools, third-party integration, tokenized cover, and improved UX.

Free Web3 Domain Based on your Twitter Handle

Unstoppable Domains is a sponsor of Today in DeFi and a domain registrar that allows you to own domain names representing your unique identity or brand on web3.

Register your free domain based on your Twitter handle using our link.
Our link will also give you a discount on further domain purchases.

Sovryn DLLR Live

Sovryn | DeFi for Bitcoin @SovrynBTC

1/ A new era of stablecoins has arrived! The #SovrynDollar (DLLR) is a game changer. A decentralized, #Bitcoin-backed dollar you can truly own. 🚀 Live… NOW! Say goodbye to centralized #StableCoin drama & hello to unmatched security & reliability. Curious? Read on! #DeFi

Bitcoin sidechain-based lending protocol Soveryn launches DLLR, a stablecoin comprised of two bitcoin-backed USD tokens (DOC and ZUSD).

Shanghai Mainnet

timbeiko.eth @TimBeiko

@EthCatHerders @parithosh_j Teams were ready to move to mainnet, and so we've agreed to fork on slot 6209536, scheduled for April 12, 10:27PM UTC. Expect client releases in about a week, and a full announcement ~10 days from now 😄

timbeiko.eth @TimBeiko

6209536 4/12/2023, 10:27:35 PM UTC

The ADCE call ended yesterday, and devs have confirmed the launch of the Shanghai mainnet upgrade to be on April 12 at 10:27 PM UTC.

Maker Putting More Into Treasuries

Maker @MakerDAO

Maker Governance approved an extension from $500 million to $1.25 billion for its US Treasury investments 🗳️ vote.makerdao.com/polling/QmNTSr… In this process, MakerDAO would use $750 million of USDC in the PSM to acquire more US Treasury bonds, thus diversifying DAI's liquid backing.

MakerDAO passed the $750m increment on US treasury investments.

Protocol Expansion, Staked ETH Index Token, …