Today in DeFi - Pencils' DAPP Airdrop Claim, Babylon Cap 2 in Two Weeks, Amulet Mainnet Launch, Five New Pendle LRT PT on Silo, and more..
Launches π
Amulet, a non-custodial lending protocol with self-repaying loans on staked assets, is about to go live on Cosmos. Amulet hopes to support users to borrow without the risk of liquidation by taping into the future value of their assets. With staked assets as the collateral, usersβ debts automatically reduce and they can either withdraw or borrow more.
Citrea testnet is live. Citrea aims to be the platform for EVM devs to build decentralized apps that bring financial inclusion to Bitcoin users & scale its freedom with BTC as the settlement layer.
DIA launches 'Lumina' β a brand-new trustless oracle network. Its modular, rollup-based design enables the verifiable sourcing and delivery of any data to any blockchain. Fully decentralized and permissionless.
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Updates π°
Silo Finance launched five new Pendle ETH LRT markets for 26 Dec 2024 maturity as the last batch of PTs due today. PT users can now exit the previous positions and rollover to leverage with the new PTs.
Pell Network now supports restaking of aBTC from XLink, the bridge that connects all BTC L2 and EVM. You can now earn Pell points for the upcoming airdrop on top of restaking yield.
Ref Finance just launched FRAX/sFRAX stable LP pool. Further extending the partnership with Frax Finance, the update add on to the utility of FRAX in Ref Financeβs DeFi ecosystem on NEAR. You can bridge through Rainbow Bridge to supply FRAX on Ref.
SynFutures has integrated with Copin, a tool that analyzes onchain flows and helps users to replicate trades of top traders. Users can now access real-time SynFutures data on Copin and explore onchain traders with different strategies.
Upcoming β³
Babylon Mainnet Phase-1, Cap-2 will soon start from the second week of Oct. If you were part of Phase-1, Cap-1, make sure to unbound and withdraw any overflow stakes. In Phase-1, Cap-1, Babylonβs supply cap was filled in 75 mins after launch with more than 12K stakers participating and earning 1,000 BTC staking rewards.
Airdrops πͺ
Pencils Protocolβs airdrop page for DAPP is now live for all eligible users. While only the claim-to-CEX option is available at the moment, claim-to-wallet and staking options will soon to be live on Sep 27. DAPP staking event will start tomorrow with rewards and up to 50% APR.
Movement Lab, the EVM L2 that aims to be the fastest and the most secure with its postconfirmation feature, is now running testnet reward program. Join the testnet and finish the quests in MoveDrop to share the incentives.
Etherfiβs S3 plus EigenLayerβs S2 reward claim is now live. ~27 million ETHFI and ~16.5 million EIGEN will be distributed to users. Etherfi users received the best ratio of EIGEN amongst LRTs in StakeDrop 2, netting 1 EIGEN per 289 points. Disqualified users EIGEN were 100% redistributed to eligible users.
Morpho rewards earned as part of the Uniform Rewards Program are now visible on the Morpho App. Users will soon be able to claim current epoch rewards, after which claiming will return to a monthly epoch. Since MORPHO is currently non-transferable and cannot be bridged, MORPHO rewards on Base wonβt be claimable yet.
Sparkβs Lido Rewards Program will end in four weeks. Until October 21, all users borrowing ETH on SparkLend via Ethereum Mainnet are eligible for 225 wstETH from Lido in rewards. As a SparkLend ETH borrower, youβre automatically enrolled. Rewards accumulate in real time based on your share of the total ETH borrowed and can be claimed instantly through the platform.
Farms π§π»βπΎ
Stake your GHO to earn ~19.08% APR from AAVE and Merit Program
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