Today in DeFi

Today in DeFi

Today in DeFi - Optimism Bedrock Coming, Pirex for GMX Live, Interest Rate Derivatives, and More...

π•―π–†π–“π–Œπ–Šπ–—'s avatar
π•―π–†π–“π–Œπ–Šπ–—
Feb 02, 2023
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Optimism Bedrock Coming

X avatar for @optimismFND
Optimism (βœ¨πŸ”΄_πŸ”΄βœ¨)@optimismFND
We're extremely excited to put this historical proposal in front of the Token House. We see Bedrock as the culmination of years of R&Dβ€”and the next crucial step towards a modular, simplified, and performant multi-chain future.
X avatar for @OptimismGov
Optimism Governance @OptimismGov
The Optimism Foundation has proposed the first protocol upgrade to the Optimism Collective: Bedrock. πŸ›οΈπŸͺ¨ See the full proposal here: https://t.co/ulJcbGKFsk
10:02 PM Β· Feb 1, 2023

100 Reposts Β· 355 Likes

Optimism Foundation proposed Bedrock, the next upgrade to Optimism that will bring improvements to the network including transaction costs, throughput characteristics, and sync speeds.

Pirex for GMX Live

X avatar for @redactedcartel
β–ˆβ–ˆβ–ˆβ–ˆβ–ˆβ–ˆ@redactedcartel
Introducing Pirex @GMX_IO πŸ‡ Launching tomorrow, 1/31/23. mirror.xyz/0xE90c74145245…
mirror.xyz
Introducing Pirex GMX
7:01 PM Β· Jan 30, 2023

52 Reposts Β· 229 Likes

Redacted Cartel launches Pirex for GMX (liquid wrapper for staked GMX and staked GLP). Users are now able to deposit GMX and/or GLP and receive either pxGMX or pxGLP that earn yield as if the underlying tokens were max staked on GMX natively.

Threshold tBTC v2 Live

X avatar for @TheTNetwork
Threshold Network@TheTNetwork
We are officially live! πŸŽ‰ Introducing tBTC v2’s first mainnet release. Be the first to earn with your #Bitcoin on #DeFi with the industry’s only decentralized and scalable BTC-to-ETH bridge. Mint tBTC nowπŸ‘‡ dashboard.threshold.network/tBTC
4:00 PM Β· Jan 31, 2023

766 Reposts Β· 962 Likes

Threshold (merger protocol of NuCypher & Keep Network) launches tBTC bridge v2, allowing users to mint and bridge tBTC between Bitcoin and Ethereum.

Ethereum Zhejiang Testnet Live

X avatar for @nethermindeth
Nethermind@nethermindeth
Ethereum's first public #withdrawal testnet is live πŸ”₯ Shanghai+Capella will be triggered at epoch 1350 (next week). Get set up & help #TestingShanghai! πŸ‘‡ Zhejiang link dashboard: zhejiang.ethpandaops.io Specs & features: notes.ethereum.org/@launchpad/zhe… #TestingShanghai #Ethereum
3:46 PM Β· Feb 1, 2023

4 Reposts Β· 20 Likes

Etheruem launches the Zhejiang testnet, and will implement the testnet version of Shanghai/Capella upgrade on Zhejinag at epoch 1350 (~6days after the testnet launch).

Damus App Live

X avatar for @jack
jack@jack
a milestone for open protocols... #nostr is now officially on the Apple App Store with @damusapp:
apps.apple.com
β€ŽDamus
10:38 PM Β· Jan 31, 2023

1.44K Reposts Β· 5.98K Likes

Built by Jack Dorsey, Damus is a web3 social app running on Nostr, a decentralized social protocol based on cryptographic key pairs. Most implementations of Nostr support Bitcoin payments over Bitcoin’s Lightning Network.

Token Reissuance, Interest Rate Derivatives, …

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