Today in DeFi - Permissionless LRT Mellow Launches with Symbiotic, Solana Labs Launches Bond, Ripple Introduces RLUSD, Free Airdrop for AI Data Protocol, and more...

Launches 🚀

• Mellow, a liquid restaking protocol, launched on Ethereum as the “first and flagship LRT for Symbiotic”. Mellow is a partner of the Lido Alliance and will aid Lido operators in launching their LRTs, help grow stETH usability, and add an extra layer of revenue for Lido operators.

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Updates 📰

• Solana Labs launched Bond, a customer engagement platform for brands. Bond Bond offers fast transactions, low costs, and solutions like digital collectibles, luxury goods authenticity, digital product passports & identities, etc.

• EigenLayer announced the acquisition of Rio Network, a liquid staking protocol with its own LRT product reETH. The Rio team is joining Eigen Labs and will be focused on the EigenLayer ecosystem.

• Beefy introduced Cowcentrated Liquidity Manager (CLM), a liquidity management solution that automates and simplifies yield farming for LPs.

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Upcoming ⏳

• Ripple introduced Ripple USD (RLUSD), a 1:1 USD-backed stablecoin launching on the XRP Ledger chain and Ethereum later this year. Users can now sign up for email updates.

• Balancer V3 is launching soon. V3 will focus on key areas like Fungible Liquidity, Stablecoin, Long-tail Token Liquidity, Hooks, etc.

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Airdrops 🪂

• Bedrock is live on Noveswap on Nova L3, allowing users to earn multiplied Nova points and Diamonds by bridging assets to Nova and/or LPing on Novaswap.

• Solv’s SolvBTC Ethena Vault allows users to earn sUSDE yields, 10x SATs, and a 2.5x multiplier in Solv Points on their BTCs.

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Farms 🧑🏻‍🌾

• Stake your GHO to earn ~22.35% APR from AAVE and Merit Program

  • Today in DeFi is supported in part by ACI

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Free Airdrop for AI Data Protocol