Today in DeFi - Reserve eUSD Live, Maker Reactivates D3M, Stable Farming on Osmosis, and More...

Reserve eUSD Live

Reserve @reserveprotocol

On 02/24, the Electronic Dollar (eUSD), a decentralized 1:1 asset-backed stablecoin built with @reserveprotocol, officially launched on the Ethereum & MobileCoin blockchains. eUSD is NOT your average stablecoin. It is decentralized, community-governed, and censorship-resistant.

Reserve launches Electronic Dollar (eUSD) on Ethereum and the MobileCoin chain. eUSD is backed by a basket of stablecoin derivatives (cUSDC, cUSDT, aUSDC, aUSDT) using Compound and Aave, and 100% of the yield that eUSD generates is directed to RSR stakers

Maker Reactivates Aave D3M

Maker @MakerDAO

🌊 MakerDAO reactivates the @AaveAave Direct Deposit Module (D3M) Through a wholesale credit line denominated in DAI, D3M facilitates the interaction between Maker's credit facility engine and Aave's lending market, guaranteeing a stable borrow rate for Aave's DAI market users.

MakerDAO reactivated Aave D3M and deployed $5m DAI to the market on Aave V2. The initial debt ceiling is 5m with a target borrow rate of 2%.

Polygon ID Release

Polygon @0xPolygon

ZERO KNOWLEDGE IDENTITY FOR WEB3 The Polygon ID team is excited to announce 4 tools have been released in the #PolygonID Identity Infrastructure to build a more equitable internet that places identity at the center of it. The future is self-sovereign⛓🪪 bit.ly/3ky8e5Z

Polygon releases the Polygon ID infrastructure stack, enabling devs/projects to utilize the tools and integrate identity solutions into their products.

Cat-in-a-Box Live

Cat-in-a-Box Finance @catinaboxfi

The Cat-in-a-Box Finance protocol is now fully launched. You are now able to mint boxETH against your stETH deposits and enjoy the full functionality of the protocol. catinabox.finance

Dynamic lending protocol Cat-in-a-Box is now live on Ethereum. Users can deposit stETH to mint and borrow boxETH for further uses while earning yields.

Conic Omnipools Live

Conic Finance @ConicFinance

1/ Say goodbye to manually changing pools👋 Conic Omnipools are finally here!🎉 Provide liquidity and start earning $CRV, $CVX, and $CNC rewards📈 medium.com/@ConicFinance/…

medium.comConic is live!Wen Omnipools? Now! The Conic protocol has officially launched bringing Omnipools to the Curve ecosystem. Head over to conic.finance and…

Conic launches Omnipools for the Curve ecosystem. Omnipools enables LPs to diversify their exposure across Curve and Convex. LPs can earn $CNC in addition to CRV and CVX rewards.

Thales Staking on Arbitrum

Thales @thalesmarket

Today is a big day for Thales DAO 🏛️ 1⃣ Releasing gamified THALES staking on @arbitrum 2⃣ Co-incentivizing THALES/ETH pair w/ @CamelotDEX 3⃣ Establishing a more resilient multi-chain governance framework Want the full scoop? Read our blog post 👇 thalesmarket.medium.com/thales-gamifie…

thalesmarket.medium.comTHALES gamified staking expands to ArbitrumPaving the way for multi-chain DAO governance

Parimutuel markets protocol Thales launches staking on Arbitrum with a gamified rewarding approach. Besides staking, Thales also launches an incentivized THALES/ETH pool on Camelot.

Liquidity Incentives, Stable Farming on Osmosis, …