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.

3:59 PM · Feb 28, 2023

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96 Reposts · 354 Likes

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.

4:55 PM · Feb 28, 2023

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16 Reposts · 74 Likes

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

6:22 PM · Mar 1, 2023

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185 Reposts · 599 Likes

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

9:42 AM · Feb 28, 2023

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19 Reposts · 43 Likes

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.com

Conic is live!

4:43 PM · Mar 1, 2023

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70 Reposts · 205 Likes

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.com

THALES gamified staking expands to Arbitrum

12:54 PM · Mar 1, 2023

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15 Reposts · 61 Likes

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, …