Today in DeFi - Cover V2, Sudoswap v2, and More...
Cover Launching V2 & BSC
Insurance project Cover Protocol is launching v2. Compared to V1, cover is more customizable to individual usage. Payouts are also more finely grained, with partial payouts possible. The upgrade promises to improve capital efficiency.
V2 also expands Cover protocol from a peer to peer coverage market for defi projects to a general insurance project (e.g. for real world risk).
Finally, V2 expands Cover to BSC as well, a popular chain for farmers.
Cover will do an airdrop to reward LPs, as detailed in the official post.
Sushiswap
Today in DeFi is sponsored by Sushiswap.
Sushiswap is a DeFi-Native DEX 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
Sudoswap V2 Live
A week after the v1 launch, Sudoswap upgraded to v2 to support combined token swaps, orders with expired date, custom taker addresses, and the swap fee remains zero.
High Leverage Stable Farming
Curve has given a sneak peak at upcoming functionality: leveraged stable asset farming.
Alpha Oracle Aggregator Launches
Alpha launches Oracle Aggregator, which integrates Band and Chainlink as data providers and plans to expand on both Ethereum & cross-chain, and to support more assets in the upcoming stages.
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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.