Today in DeFi - Polyient DEX, dHedge Live, And more...
Follow @todayindefi to keep up with the latest DeFi news on Twitter.
Polyient DEX
Polyient Games is a fund focused on NFTs and gaming, which is launching an NFT-focused DEX today. PG DEX is a Uniswap fork, and aims to be the exchange of the βPolyient Games Ecosystemβ.
Today in DeFi is sponsored by Zapper - the Dashboard for DeFi.
Zapper lets you manage your DeFi assets and liabilities in one simple interface. It integrates with popular yield farms like BarnBridge, DEXes and lending platforms, letting you zap in and out of farming opportunities easily.
Try it today at Zapper.Fi
dHedge Live
dHedge, a social trading and asset management platform powered by Synthetix, is now live. dHedge users can either be a portfolio manager, or invest their assets with one. Portfolio managers compete for the assets of users on the dHedge leaderboard.
Notional Finance
Notional Finance has just launched its unaudited beta. Notional is a fixed-rate lending and borrowing platform. It uses its own AMM, and uses fCash tokens, which are defined by currency and maturity date. As explained by Notional:
βFor DeFi traders:
Lock in low borrowing rates on DAI to finance your yield farming for the next six months.
Access fixed rates on levered long ETH trades for up to six months
For CeFi crypto traders and institutions:
Lend and borrow crypto with no counterparty risk.
Hedge overall portfolio risk and access working capital.β
Find out more in the Medium article.
APY.Finance LBP
APY.Finance, a yield farming aggregator, will distribute its token by a Balancer LBP. Pioneered by Perpetual Protocol, LBPs are becoming one of the most popular ways for DeFi projects to distribute tokens.
Proto RAI
Proto RAI - the unaudited version of RAI is now on mainnet. RAI is an eth-backed stable asset, which aims to fulfill some of the original visions of DAI as a trustless stablecoin.
Created by Reflexer labs - an entity independent of MakerDAO - you can find its vision for RAI in this Medium article. It can be considered an ideological fork of Single-collateral DAI - however the implementation details seem significantly different.
Proto-RAI is an unaudited version of RAI with a fixed cap on supply, meant to protototype and test the RAI idea.
Predix Market Live
PreDex, a prediction market for Uniswap Pairs, is live. This creates an options-like market for Uniswap.
It currently supports PRDX/ETH, UNI/ETH, YFI/ETH, wBTC/ETH and ETH/USDT, with the list planned to be expanded in the future.
Follow @todayindefi to keep up with the latest DeFi news on Twitter.
Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned