Today in DeFi - SocialFi L2 Cyber Live, Lido to Launch EigenLayer Competitor, Blast Airdrop June 26, Earn >50% APR with ETH Leverage, and more...

Launches 🚀

• CyberConnect, a social network, transitioned into a social L2 and rebranded to Cyber. Cyber is now live on the developer mainnet, and the team plans to distribute millions of $CYBER tokens to stimulate developments.

• Genome, a domain system built for the Gnosis Chain, launched public registration of .gno domains.

---

Upcoming ⏳

• Lido co-founder and Paradigm are funding a new restaking project named Symbiotic. The key difference between Symbiotic and EigenLayer is that users will be able to deposit any ERC-20 token into Symbiotic – including Lido's staked ETH (stETH). EigenLayer, meanwhile, only accepts ETH tokens.

• MakerDAO founder Rune introduced two options for DAI holders migrating to new tokens. DAI users will be able to upgrade to NewStable (NST) or PureDai, a complementary stablecoin that features only purely decentralized collateral and a free-floating peg.

• Dydx will enable isolated markets and isolated margins, allowing traders to trade 800+ markets with isolated collateral.

• marginfi, a Solana-based liquidity protocol, will launch a yield-lending app mrgnlend, LST-backed stablecoin YBX, and an integrated stableswap mrgmswap.

---

Airdrops 🪂

• Blast Airdrop is launching on June 26th. Two final dApp Gold will be distributed before the airdrop.

---

Farms 🧑🏻‍🌾

• Stake your GHO to earn ~40% APR from AAVE and Merit Program

  • Today in DeFi is supported in part by ACI

---

Today in DeFi is Now on Telegram

Get notified of daily DeFi news, project analysis, early airdrops, farming opportunities, and many more as soon as we publish. https://t.me/todayindefinews

For news tips and press releases reach us at news@todayindefi.com.

For sponsorships or partnerships, reach us at: support@todayindefi.com

---

Earn >50% APR with ETH leverage