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 π
Solana AI layer gm.ai began rollout, allowing beta users to access AI apps and accepting applications for gmINFRA Dev Whitelist Access.
Updates π°
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.
Upcoming β³
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).
Airdrops πͺ
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.
Farms π§π»βπΎ
Stake your GHO to earn AAVE and participate in the Merit Program (for the last round, participants got ~90% APY)
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Leverage ETH 4x to Earn 3 Unique Points
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