Today in DeFi - Solana gmAI Beta, Jumper Exchange Bridge to Earn, Lyra LDX Airdrop Live, Leverage ETH 4x to Earn 3 Unique Points, and more...

Launches 🚀

• Solana AI layer gm.ai began rollout, allowing beta users to access AI apps and accepting applications for gmINFRA Dev Whitelist Access.

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Updates 📰

• Gearbox launched Friendly Leverage, introducing lower rates, partial liquidations, and fundamental oracles to reduce the liquidation risks caused by thin LRT liquidity.

• IndexCoop users can earn rewards (500 ARB per day) by bridging and holding DPI and/or MVI on Arbitrum. Users must use the Chainlink Transporter app to bridge DPI/MVI to receive rewards. In the future, ARB rewards may also be earned by providing liquidity on Arbitrum.

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Upcoming ⏳

• Jumper Exchange, a multichain bridge aggregator built by Li.fi, is launching Bridge to Earn mode soon.

• Silent Protocol, a blockchain privacy project, introduced Ghost Layer. Ghost Layer will be a modular L1.5 addition to Ethereum, implementing 0VM technology to provide compliant privacy enhancements to public blockchains.

• Blueberry TGE is coming and the tokens are released using a lockdrop. Starting next week, $bdBLB holders will be able to initiate vesting in the Blueberry UI. At TGE, bdBLB can be used to redeem $BLB.

• Asymmetry Finance, a structure products protocol, will launch afCVX on May 14th. afCVX is a new CVX wrapper that enables a 40% yield on CVX, instant liquidity, and bonus Gems (points).

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Airdrops 🪂

• Lyra took a snapshot of LYRA and stkLYRA balance and launched the LDX Airdrop. The first airdrop uses a points system to distribute LDX pro-rata to users for at least 3 rounds or 12 weeks. Users can earn points by trading, yielding, or inviting new users.

• Suilend introduced Suilend Points. Suilend will incentivize users for lending and borrowing activities with 10 million points per day.

• Avail introduced airdrop Phase 2 with rewards for Clash of Nodes participants and liquid staking protocol users for Polygon PoS.

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Farms 🧑🏻‍🌾

• Stake your GHO to earn AAVE and participate in the Merit Program (for the last round, participants got ~90% APY)

  • Today in DeFi is supported in part by ACI

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Leverage ETH 4x to Earn 3 Unique Points