Today in DeFi - Prisma ULTRA Stablecoin, Ethereum Dencun Upgrade, Wormhole W Tokenomics, Boosted Farming with Additional Rewards, and more...

Launches 🚀

• Prisma Finance launched ULTRA, a new stablecoin issued by PrismaLRT, a new borrowing protocol developed by Prisma focused on unlocking liquidity for Liquid Restaking Tokens (LRTs).

• GenesisLRT, a liquid restaking protocol on EigenLayer, is live. Users can earn rewards, double Gems, plus EigenLayer points.

• Stakewithus, a ETH staking dApp, is live on Etheruem mainnet. Unaggi is for multi-chain yield service while Stakewithus is for ETH staking specifically.

Want to keep more of your crypto gains?

Don’t want to deal with the crypto tax nightmare yourself?

Crypto Tax Made Easy has helped over 200 crypto investors save over $21.8 million in crypto tax last year. We’re happy to be working with them to help you save money on taxes.

Contact them today for a flat rate quote to get your crypto taxes done right.

Updates 📰

• MEV Protocol launcehd mevAuction on testnet. mevAcution provides a market for validators to auction off their blockspaces to the highest bidder. Bidders are usually blockbuilders or searchers.

• Cow DAO rolled out Cow AMM, an AMM that protect liquidity providers from arbitrage bots. CoW AMM pools are optimal for every token pair that is not stable-to-stable.

• Sommelier Finance expanded to Arbitrum with Arbitrum Real Yield ETH vault live.

• ZKP2P, a P2P fiat onramp protocol, now allows users to use the protocol with zero transaction fees on Base L2.

Upcoming ⏳

• Ethereum Dencun upgrade sets to go live on 13/03/2024 13:55:35 UTC.

• Susa, a perpetual DEX by Sushiswap, will launch on Layer N.

• Vertex Edge, a Synchronous Orderbook Liquidity layer, will begin with the first cross-chain (non-Arbitrum) Vertex Edge instance — Blitz on Blast.

• Lyra DAO proposes to Migrate $LYRA and governance to Lyra Chain, and Buyback $LYRA and distribute to active governance participants

• ApecoinDAO has decided to develop ApeChain utilizing the Arbitrum tech stack.

• Lido DAO contributors are preparing for Simple DVT release on the mainnet.

• Mars DAO propose re-introduction of MARS staking rewards for a period of 2 months

• Treasure DAO proposes to select the ecosystem to build the Treasure Chain. Options include Optimism, zkSync, SKALE, and Arbitrum.

• Magic Eden to go live on Ethereum on Feb 27th.

Airdrops 🪂

• Wormhole announces airdrop and tokenomics for W token.

• Starknet revealed a distribution plan for STRK, as well as the upcoming Starknet Provisions Program.

• Xave Finance, an RWA market protocol, introduces Xave Points. Points can be earned by swapping, lending, borrowing, LPing, and referrals.

• Pyth Network announced airdrop Phase 2, with tokens distributed to 160 dApps across 27 chains.

Farms 🧑🏻‍🌾

• Notional announces V3 yield contest with 2700 ARB in prizes.

• IdleDAO yield tranches offer good yield on stables.

Today in DeFi is Now on Telegram

Get notified of daily DeFi news, project analysis, early airdrops, farming opportunities, and many more as soon as we publish. https://t.me/todayindefinews

For news tips and press releases reach us at news@todayindefi.com

High-Yield Farms, Boosted Farming with Additional Rewards, …