Today in DeFi - Poolshark Live on Arbitrum, Uniswap Expands to Bitcoin Sidechain, Sen. Warren Introduces Anti-Crypto Bill, Bridging to Solana with Ease, and more...

Launches 🚀

• Poolshark launched on Arbitrum mainnet along with its token sale. Poolshark Protocol is an AMM that enables directional LPing.

• Powered by Wormhole, Circle, and Base, Pike Finance launches testnet on Ethereum, Optimism, Arbitrum, and Base L2. Pike is a cross-chain lending protocol that offers lending, leverage, and Earn services.

Updates 🆕

• Uniswap V3 has been deployed on a Bitcoin sidechain Rootstock. Rootstock is built by GFX Labs, the team behind the trading terminal Oku.

• Uniswap launches updates for Uniswap Wallet, including L2 swapping, automatic fee detection, swap protection, faster swaps, and new languages/currencies support.

• Polygon introduces Polygon Portal, an improved gateway to Polygon chains that supports unified UX for bridging, third-party bridges, refuel gas, developer tools, etc.

Regulations 🏛️

• US Senator Elizabeth Warren introduced an anti-crypto bill and has gained support. The bill wants to extend KYC requirements to network participants including non-custodial wallet providers, miners, and validators.

Upcoming ⏳

• Init Capital will launch a Liquidity Hook money market in January. Liquidity Hooks are plugins for liquidity that allow dApps to build advanced strategies using liquidity on Init.

Airdrops 🪂

• Merchant Moe is a Trader Joe franchise that will launch on Mantle L2. JOE holders will be able to earn an airdrop of 2.5% of the total $MOE supply on TGE and a further 5% to be distributed over the coming 12 months.

Farms 🧑🏻‍🌾

• Lido launches a new round of wstETH incentives on Uniswap on Ethereum, Optimism, and Arbitrum.

• Notional offers good yields for FRAX lending and leveraged farming with 11%~62% APYs.

Stable Farms, Bridging to Solana with Ease, …