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Today in DeFi

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

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

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Mar 02, 2023
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Today in DeFi
Today in DeFi - Reserve eUSD Live, Maker Reactivates D3M, Stable Farming on Osmosis, and More...
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Reserve eUSD Live

Twitter avatar for @reserveprotocol
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.
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3:59 PM βˆ™ Feb 28, 2023
354Likes96Retweets

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

Twitter avatar for @MakerDAO
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.
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4:55 PM βˆ™ Feb 28, 2023
74Likes16Retweets

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

Twitter avatar for @0xPolygon
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-sovereignβ›“πŸͺͺ bit.ly/3ky8e5Z
6:22 PM βˆ™ Mar 1, 2023
599Likes185Retweets

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

Twitter avatar for @catinaboxfi
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
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9:42 AM βˆ™ Feb 28, 2023
43Likes19Retweets

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

Twitter avatar for @ConicFinance
Conic Finance @ConicFinance
1/ Say goodbye to manually changing poolsπŸ‘‹ Conic Omnipools are finally here!πŸŽ‰ Provide liquidity and start earning $CRV, $CVX, and $CNC rewardsπŸ“ˆ 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…
4:43 PM βˆ™ Mar 1, 2023
205Likes70Retweets

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

Twitter avatar for @thalesmarket
Thales @thalesmarket
Today is a big day for Thales DAO πŸ›οΈ 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 πŸ‘‡ thalesmarket.medium.com/thales-gamifie…
thalesmarket.medium.comTHALES gamified staking expands to ArbitrumPaving the way for multi-chain DAO governance
12:54 PM βˆ™ Mar 1, 2023
61Likes15Retweets

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, …

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