Today in DeFi - Perennial Live, Compound Extensions, Farming on Arbitrum, and More...

Perennial Live

Perennial Labs 🌸 @perenniallabs

🌸 BIG ANNOUNCEMENT 🌸 —We are pleased to announce Perennial, a DeFi-native derivatives protocol —Perennial raised a $12mn seed round from Polychain, Variant, Archetype, and more —Perennial is Live on mainnet! 🧵 medium.com/perennial-prot…

medium.comAnnouncing Perennial, a DeFi-native derivatives protocol backed by Polychain, Variant & ArchetypeWe are pleased to announce the launch of Perennial, a DeFi-native derivatives protocol, backed by Polychain, Variant, and Archetype.

Derivatives protocol Perennial is now live on the Ethereum mainnet. Perennial offers infrastructure for derivative markets, with V1 currently supporting Long-ETH, Short-ETH, and Long-Squeeth markets.

Compound Extensions

Compound Labs @compoundfinance

Users of the Compound interface app.compound.finance now have access to a new feature: Extensions. Extensions are optional add-ons, built by community developers, that enhance the Compound experience.

Compound releases Extensions for its V3 users. Extensions are a series of add-on features to enhance users’ experience, including Advance Transactions, Position Migrator, Position Management (by DeFi Saver), etc.

Decentraland Renting

Decentraland @decentraland

📣 Attention LAND owners You can now rent out your LANDs right in Decentraland’s Marketplace. Head on over to ‘My Assets’ in the Marketplace and put your LANDs up for rent today! All the details: docs.decentraland.org/player/market/… Why rentals for LAND? ⬇️

Decentraland enables renting systems in its marketplace, allowing LAND owners to earn rentals and tenants to rent LAND to deploy experiences without owning LAND in Genesis City.

Axelar Supports Arbitrum

Axelar Network @axelarcore

Arbitrum is now live on Axelar 🦾🔥 Satellite.money users can now transfer assets from any connected chain to @arbitrum and developers can tap into the vast ecosystem of dApps building on top of @arbitrumOne 💙🧡 Fresh liquidity added 👀⤵️ arbitrum.curve.fi/factory/64

Cross-chain protocol Axelar now supports Arbitrum.

Farming on Arbitrum

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