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