Today in DeFi - Terra Synths, Aave V2, and More
Terra Mirror
Terra, a stablecoin project, has just launched Mirror, a synthetic asset protocol. Similar to Synthetix, Terra allows the minting of synthetic assets that are tied to the price of real world assets. These synthetics are backed by UST - Terraβs stablecoin, or by mAssets.
Aave V2
Aave V2 has just launched on mainnet. It offers:
Yield & Collateral swap
Flash Loans Upgraded
Repayment with collateral
Flash liquidations
Debt Tokenization
Native Credit delegationΒ
Batch Flash Loans
Read more in the announcement.
Human Node
Paradigm, a VC fund, has announced Humanode, a human-based decentralized network.
βThe Humanode network is a protocol that can prove oneβs unique identity through novel authentication schemes and grant permission to launch a node and verify transactions running through a public permissionless network based on human existence.β
If you read that sentence and didnβt understand what it meant (or what the point of this is) youβre not alone.
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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