Today in DeFi - UMA+Opium Offer SpaceX Insurance, Opium Bridge Protection, and More...
UMA Opium Launching SpaceX Insurance
UMA partners with Opium to offer insurance for SpaceX flights by combining Opiumโs CDS insurance contract and UMAโs Optimistic Oracle, which provides real-world data for DeFi markets.
This financial derivative can be used to hedge financial risks related to the SpaceX launch and even to generate some income.ย
Sushiswap
Today in DeFi is sponsored by Sushiswap.
Sushiswap is a DeFi-Native DEX which features the best liquidity across many DeFi pairs such as YFI, SNX, and AAVE.
Sushiswap has recently launched Bentobox, gas-efficient lending platform for DeFi, as well as Kashi, a one-click margin-trading platform.
Check out Sushiswap atย Sushi.com, or try the Bentobox/Kashi beta atย staging.sushi.com
Opium Bridge Protection Live
Opium now offers insurance for popular side-chain bridges (as tagged in the tweet), which the insurance is decentralized and tradable.
Users can buy monthly coverage or stake into the Bridge staking pool and earn high fees for bearing bridge risks.
Thales by Synthetix
Backed and supported by Synthetix, Thales announced it will bring permissionless binary options to Ethereum. Thales will have its own token, 35% of which will go to SNX stakers, and plans to move over to Optimistic Ethereum in later launch phases.
zkSync 1.x Testnet Live
ZK Rollup-based L2 protocol zkSync launched on Rinkeby & Ropsten testnet with basic features including NFTs and ERC20 tokens swaps.
Check tutorials & developer docs in the official post.
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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.