Today in DeFi - Ondo Finance Live, Alpha Tiers Live, and More...
Ondo Finance Live
Fixed lending project Ondo is live with a guarded launch.
Ondo lets users pool assets in vaults that originate and manage risk-isolated loans backed by yield-generating tokens.
Lenders can access loans with fixed yields over fixed durations, meaning lenders will have forecastable yield and mitigated downside.
Currently, users can earn 10-50% APY from fixed yield vaults and earn up to 500% APY from variable yield vaults (excluding IL).
Sushiswap
Today in DeFi is sponsored by Sushiswap.
Sushiswap is a DeFi-Native DEX on Ethereum, Polygon, and Fantom, which features the best liquidity across many DeFi pairs such as YFI, SNX, and AAVE.
Besides its multi-chain Dex, Sushiswap also has Kashi gas-efficient lending markets for long-tail assets like UMA, Rune, or Chainlink.
Check out Sushiswap atΒ Sushi.com, or try KashiΒ here.
Alpha Tiers Live
Alpha launched Alpha Tiers for Alpha stakers.
Benefits for high-tier stakers include higher protocol fees from Alpha products & selected Launchpad projects, Launchpad project tokens, and higher yields from higher leverage on Alpha Homora v2.
Binance Polygon Integration
Binance users can now deposit and withdraw MATIC directly on Polygon mainnet.
Trust Wallet Supports Polygon
Trust Wallet now supports Polygon for iOS users.
FollowΒ @todayindefiΒ to keep up with the latest DeFi news on Twitter.
Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned.