Today in DeFi - Arbitrum Coming, Sushi Miso, xToken exploited, and More...

Arbitrum Mainnet Soon

Arbitrum @arbitrum

Arbitrum mainnet opens to developers May 28. Join the initial cohort!

medium.comWen Arbitrum?tl;dr: We’ve added Sequencer support and will open an Arbitrum Sequencer testnet on May 14. We plan to open Arbitrum mainnet to developers on May 28. Yes, we hear you! Loud and clear! Gas fees are…

Offchain Labs plan to open Arbitrum mainnet to developers on May 28 with a Sequencer included. A sequencer is a special node with limited power to order transaction, which makes it possible to receiving results immediately without waiting for block confirmation. If you are a developer, fill out the form to get access.

Sushiswap

Today in DeFi is sponsored by Sushiswap.

Sushiswap is a DeFi-Native DEX and yield farm which features the best liquidity across many DeFi pairs such as YFI, SNX, and AAVE.

Sushiswap has recently launched Bentobox, gas-efficient lending platform for DeFi, as well as Kashi, a one-click margin-trading platform.

Check out Sushiswap at Sushi.com, or try the Bentobox/Kashi beta at staging.sushi.com

Minimal Initial Sushi Offering

SushiChef @SushiSwap

Get your spoons ready...

Sushi is launching token launchpad platform MISO on May 17. MISO makes it easy for both technical & non-technical founders to launch new tokens, setup vaults, and get listed on Sushi exchange.

xToken Exploited

xToken @xtokenmarket

xSNXa and xBNTa contracts have been exploited. Minting paused on all contracts as we investigate further. Liquidity pools have been drained, however most SNX and BNT remain in xToken contracts. We owe the community an explanation and will be providing another update shortly

xToken got hacked and lost ~$25m in funds across their xBNT and xSNX pools. Find out more in their initial report.

Gnosis Safe Goes Multi-chain

Gnosis Safe @gnosisSafe

Finally we can affirm one of our most frequent & urgent user requests: integrating more EVM-compatible networks! With each network hosting a vibrant ecosystem, we couldn't offer just one integration – so we'll start with @Polygon, @arbitrum & @binance.

blog.gnosis.pmGnosis Safe’s Multichain FutureThis article outlines how we will approach the emergence of a multichain Ethereum ecosystem. It contains our vision for the future of Ethereum and the role that Gnosis Safe will play in it. Gas…

Gnosis Safe will be available on all EVM-based networks, starting with the support for Arbitrum, Polygon, BSC, and will add other chains in the next quarter or two.

Gnosis Safe is a multi-sig wallet that requires more than one person to approve a transaction, which makes it safe and easy to co-manage crypto funds.

UMA Optimistic Oracle Live

UMA @UMAprotocol

1/ UMA’s Optimistic Oracle is live. It can be used to resolve markets and get cheap, precise data on almost anything.

medium.comIntroducing UMA’s Optimistic OracleTl;dr: UMA’s Optimistic Oracle is live now. It can be used to resolve markets and bring all types of data on-chain. It is not limited to use only for UMA financial contracts, but can be “plugged…

UMA launched Optimistic Oracle to offer cheap, accurate on-chain data. Anyone can push data to the oracle and it will only be a dispute if it’s wrong.

Optimistic Oracle has been audited by OpenZeppelin and is ready to use for developers.

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Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned.