Today in DeFi - Trader Joe Integrates LayerZero, Stargate to Re-Issue STG, LP to Earn Funding Rates, and More...

Trader Joe Integrates LayerZero

Trader Joe🔺💙 | Live on Arbitrum 🌊📘 @traderjoe_xyz

Trader Joe 🤝 LayerZero $JOE will be launched as an omnichain fungible token (OFT). This evolution of $JOE will unlock seamless connectivity for the $JOE token across all chains supported by the Trader Joe DEX. Read more: joecontent.substack.com/p/trader-joe-i…

Trader Joe has integrated with LayerZero, and JOE is now an ‘omnichain fungible token’ (OFT), meaning users can bridge JOE across Avalanche, Arbitrum, BnB, and more chains to be supported.

Stargate to Re-Issue STG

Stargate @StargateFinance

For clarity on the discussion post in the forums -- as written commonwealth.im/stargatetoken/… The tokens from the initial launch auction are in a contract where the keys of the intended owner have likely been compromised by a malicious party

commonwealth.imSTG ReissueTldr; Stargate should re-issue a new STG and airdrop it to all STG holders Background Stargate faces a significant threat to its POL and to the security of token holders due to potential security issues within Alameda Research (Alameda). To ensure the safekeeping of Launch Auction Stargate tokens,…

Stargate passed the vote and will re-issue a new STG and airdrop it to all STG holders. On March 15th, a snapshot would be taken of all user balances, and a new token will be sent to every user on a 1:1 basis.

Aave to Add cbETH

Aave @AaveAave

The Aave community has voted to add cbETH a liquid staking derivative token issued by @coinbase to Aave V3 market on Ethereum. An important decision that could help Increase the diversity of validators supporting Ethereum and LSDs on Aave.

Aave passed the proposal to onboard cbETH to Aave's Ethereum V3 pool. Adding cbETH allows Aave to attract new users and deposits, pre-Shanghai upgrade.

Clearpool 2023 Roadmap

Clearpool @ClearpoolFin

📝 @CoinDesk just featured our accelerated roadmap, including the highly anticipated launch of #ClearpoolPrime. 🚀 We're also excited to announce that #ClearpoolPrime will be exclusively available on @0xPolygon! coindesk.com/markets/2023/0… $CPOOL @0xPolygonDeFi #onPolygon #DeFi

coindesk.comDecentralized Lending Protocol Clearpool to Start Institutional Borrowing PlatformClearpool Prime will allow institutional borrowers to create permissioned borrowing pools with their own loan terms.

Clearpool releases the 2023 roadmap. Clearpool plans to launch Clearpool Prime, its lending product for institutional investors, and other plans such as support for more assets, Term Pools, ETP, etc.

CowSwap Exploited

MevRefund @MevRefund

@CoWSwap your funds appear to be moooving away ... etherscan.io/tx/0x90b468608…

CowSwap settlement contract was exploited for $150k. Many recommend revoking approvals, yet CowSwap explains that the lost funds are fees collected by the protocol and the contracts have no access to users’ funds.

LP to Earn Funding Rate…