Today in DeFi - Ruler Launches, Sushi Multichain, and More

Ruler Protocol Launches

Ruler @RulerProtocol

We are happy to announce that we have officially launched Ruler Protocol on the Ethereum mainnet! We appreciate your patience and support through the development of the protocol! Liquidity Mining starts in ~1 hour!

rulerprotocol.medium.comRuler Protocol Launch AnnouncementWe are happy to announce that we have officially launched Ruler Protocol on the Ethereum mainnet! We appreciate your patience and support throughout the development of the protocol. A total of…

Ruler Protocol, a no-liquidation lending platform, has just launched.

Ruler offers:

• No liquidations as long as borrowers pay back on time

• Interest rates determined by supply and demand

• Fixed rate loans at the moment of borrow / lend

• Fungible loans, tradable anytime & anywhere

Today in DeFi is sponsored by Aave.

Aave is a decentralised, open-source, and non-custodial liquidity protocol for earning interest on deposits and borrowing assets. It tokenizes deposits as aTokens, which accrue interest in real time. Aave also features access to Flash Loans and Credit Delegation as uncollateralised loan options.

Try it today at: https://aave.com

Sushi MultiChain

Joseph Delong @josephdelong

Sushi is going multichain 🍣⛓ We have deployed the Sushi contracts to these networks 1. @FantomFDN 2. @0xPolygon 3. @xdaichain 4. @binance 5. @MoonbeamNetwork You can access our a̵͚̙̭̟͓͛͑l̶̢̨͈̳̻̀̚p̸͕̭̰̜̐ͅh̶̪̰͚͕́̓̀́̄a̸̩̹̳̳͇̅̀ ̵͈̤̲͒͆̌ release staging.sushi.com

Fantom Foundation @FantomFDN

1/ @SushiSwap has been deployed on Fantom mainnet at https://t.co/1avaVCv6kq. You can now add liquidity and trade any ERC20 token supported on mainnet using SushiSwap. Learn how to use Sushi on Fantom here: https://t.co/Pd5jO45Zsy https://t.co/4p7UEHgop6

Sushiswap has just been deployed to Fantom, BSC, xDAI, Polygon, and Moonbeam(polkadot). So far it seems to be just the contracts and UI. Liquidity is not bridged or incentivized.

Sovryn Raises $10M

Sovryn | DeFi for Bitcoin @SovrynBTC

Thanks to everyone who participated in the Origin presale!

theblockcrypto.comBitcoin-based DeFi protocol Sovryn raises $10 million in a token saleSovryn, a bitcoin-based decentralized finance (DeFi) protocol for trading and lending, has raised $10 million in a token sale.

Sovryn, a BTC-based DeFi project, has just raised $10M. Based on RSK, Sovryn uses Solidity smart contracts and provides a DEX as well as the ability to earn yield on Bitcoin. Check the app out at https://live.sovryn.app/

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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