Today in DeFi - Umbrella Protocol, Hetero Options, and More...

Umbrella Protocol

Umbrella Protocol @UmbrellaByYam

We're happy to share that our internal alpha testing has begun! Umbrella, by the @YamFinance community, has the potential to become a critical lego for DeFi by offering - customizable pool creation - intuitive experience - reliable NFT-based protection

medium.comUmbrella Internal AlphaWe are excited to share that internal alpha testing has begun for the Umbrella protocol. Umbrella has the potential to become a critical lego block for the DeFi ecosystem by offering customizable…

Yam Finance is introducing Umbrella Protocol, a permissionless insurance protocol. Coverage will be tokenized via NFTs, and coverage pools can be permissionlessly created. Umbrella protocol is currently in internal Alpha.

Today in DeFi is sponsored by Aave.

Aave is a decentralised, open-source, and non-custodial liquidity protocol for earning interest on deposits and borrowing assets. It tokenizes deposits as aTokens, which accrue interest in real time. Aave also features access to Flash Loans and Credit Delegation as uncollateralised loan options.

Try it today at: https://aave.com

Hetero Options Analytics

hetoro. @hetoroPlatform

📢 First deploy in 2021. What's new? 1. Dark Mode 🌒

Hetero, an on-chain options interface and analytics projrect powered by Hegic, has a new facelift. You can use it to view on-chain options data, or to buy options with more features than the original Hegic options interface allows.

AAVEnomics Upgrade

Aave @AaveAave

AIP-7 has been voted on and executed: 💫Stake slashing has been activated 💫Safety Incentives have been increased to 550 $AAVE/day More details👇 medium.com/aave/aavenomic…

medium.comAavenomics Quarterly UpgradeIn September, 2020, the Aave Protocol began the initial phase of the Aavenomics. In this genesis phase, $AAVE holders could stake their AAVE in the Safety Module and earn Safety Incentives, but…

A new AIP has been implemented which activates stake slashing. Since this increases risk for AAVE stakers, the incentives for stakers have been increased to 550 AAVE/day.

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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