Today in DeFi - Threshold thUSD Live, Clearpool Credit Vaults on Avalanche, Origin OGN-OGV Merger, >60% APR on ETH + Confirmed Airdrop, and more...
Launches π
Threshold launches Threshold USD (thUSD), a US dollar-pegged stablecoin backed by BTC and ETH. thUSD introduces interest-free loans, on-chain collateral, and a 110% collateral ratio.
Updates π°
Clearpool launches on Avalanche with the first Credit Vault pool live. Credit Vaults allow borrowers to set their own terms and attract lenders while enabling higher lending APYs, increasing lending volume and protocol revenue.
Stryke (formerly Dopex) launches the SYK token, enabling token migration for DPX and rDPX holders.
Venus, a BnB Chain-based lending protocol, is live on Ethereum with incentives from Lido and Curve.
Uniswap is live on Blast L2, allowing LPs to provide liquidity using V3 or V2.
Upcoming β³
Origin Protocol is voting to merge OGN into OGV, combining the fully diluted valuations of both tokens into one. If approved, OGN would be the value accrual and governance token for all of Originβs products.
Aave ACI proposed to set DAIβs LTV to 0% across all Aave deployments and exclude sDAI from the Merit program starting from Merit Round 2 onwards.
Frax Finance passed the Frax Singularity Roadmap Part 1. Revenue share to veFXS holders will begin this Wednesday, and $FXS buybacks through the liquidity engine on Fraxtal will also go live next week.
StakeStone partners with Merlin Chain to introduce mSTONEBTC, the first yield-bearing BTC based on the PoS mechanism of BTC L2s.
Farms π§π»βπΎ
Supplying GHO liquidity on Gearbox earns ~54% APY
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>60% APR on ETH + Confirmed Airdrop
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