Today in DeFi - Polygon 2.0, Keep3r Exploit, Stable Yield Pools, and more...
Polygon 2.0
Polygon Labs introduces Polygon 2.0, a set of upgrades to offer scalability and unified liquidity via ZK tech. The team will share more details about the future of Polygon PoS, token evolution, and decentralized governance in the coming weeks.
Keep3r Exploit
The Keep3r network has been attacked and lost ~200k due to a governance key leak. The attacker βreset the governor of several pools and launched a reentrancy attackβ.
Silo Isolated Curve LP Lending Markets
Silo launches three new isolated Curve LP lending markets, including stETH-ETH, LUSD-3CRV, and FRAX-USDC. Users can now borrow against Curve LP tokens while farming Convex rewards.
21Shares Lido ETP
21Shares, a Switzerland-based Crypto Exchange Traded Products (ETPs) issuer, introduces 21Shares Lido DAO ETP (LIDO), offering traditional investors single asset exposure to Lido DAO.
The Lido ETP is a βnon-interest-bearing, open-ended security.β Each series of the product is linked to an index or specific underlying asset Lido DAO.β
Ripple Hinman Release
Ripple has been in a battle with the SEC since late 2020, with the regulator alleging that Ripple offered unregistered securities via XRP.
On June 13, the Hinman document will be released. The doc is expected to βprovide crucial insights into the legal status of Rippleβs native digital asset XRPβ and could βundermine the entire basis for the SECβs caseβ against both Coinbase and Binanceβ
Stable Yield Pools, Trading Contest, and moreβ¦
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