Today in DeFi - SEC No Longer Proves Solana as Security, Compound Governance Attack Update, Ether.fi Points Boost, Earn Over 30% APY on USDC or AVAX, more...

Updates 📰

• The SEC has amended its complaint against Binance regarding third-party crypto asset securities, and no longer seeks to prove tokens like Solana are securities.

• pStake launches Bitcoin Liquid Staking v1 on the Babylon Chain, with a total deposit cap of 50 Bitcoin. Users can deposit $BTC to earn boosted pSats and participate in the upcoming SatDrop Campaign for additional rewards.

• Aave DAO launches a V3 pool designed specifically for Lido stETH and wstETH, The new Lido pool makes the first custom deployment on Aave V3.

• Gnosis DAO announces the establishment of its Gnosis AI department, intending to enhance the accuracy of Gnosis trading agents to realize the "truth teller" vision.

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Upcoming ⏳

• The people (Golden Buys) behind the Compound governance attack agreed to rescind the controversial proposal (289, canceled) in place of a new one.

  The new proposal (291, in review) is for a new staking product that addresses the interests of the Golden Boys without jeopardizing Compound DAO governance. Proposal 291 recommends distributing 30% of both existing and upcoming market reserves to COMP stakers based on the amount they stake.

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Airdrops 🪂

• Ether.fi introduces Perks Passport. Users can get up to 5x points boost on their Season 3 points by completing a variety of Passport Activities.

• Swell airdrop snapshot will be taken on Tuesday, 30th July 2024. Following the snapshot, Swell will finalize details of the TGE including anti-sybil measures and Loyalty Boost calculations.

• Jupiter JUP claim will be closing on the 31st, 03:00 PM UTC.

• Farcaster users who joined before July 10th, 2024 are eligible to claim the MOXIE airdrop.

• PancakeSwap is airdropping 2.4 million ZK tokens to veCAKE holders, Past Liquidity Providers, Active traders, and ZKsync Prediction participants.

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Farms 🧑🏻‍🌾

• Stake your GHO to earn ~20.15% APR from AAVE and Merit Program

  • Today in DeFi is supported in part by ACI

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Earn Over 30% APY on USDC or AVAX