Today in DeFi - Uniswap Received Wells Notice from SEC, Nomic stBTC on Testnet, Sui Gaming Device, >80% on Stables, and more...
Launches π
Nomic launched stBTC on testnet. stBTC is a Bitcoin liquid staking token powered by the Bitcoin staking protocol Babylon. Nomic will implement Babylonβs Bitcoin staking solution to make Nomic dual-secured by staked NOM and BTC via Babylon.
Layer N, a new type of layer 2 that operates as an execution layer for rollups, launched Public Testnet Phase I. At this phase Layer N allows developers and users to experiment with NordVM, an app-specific rollup optimized for asset exchanges.
Issues π¨
Uniswap received a Wells Notice from the SEC on Wednesday. A Wells Notice is a formal notice that the SEC intends to bring charges against a respondent.
Updates π°
IndexCoop High Yield ETH index (hyETH) presale is live. Presale supporters will be incentivized with IndexCoopβs Product Revenue Tokens (PRTs). PRTs offer presale participants a share of product revenue after it is launched.
Upcoming β³
Sui Network announced SuiPlay0X1, a we3 handheld gaming device powered by gaming OS company Playtron. SuiPlay0X1 will be available in stores in 2025 and users can now join the waitlist.
1inch announced the 1inch Card in partnership with MasterCard. The 1inch Card will allow users to use their crypto for online and in-person purchases, and make cash withdrawals at supported ATMs through crypto to fiat conversion.
Jupiter's founder announced upcoming upgrades to tackle recent issues. The upgrades include redesigning Jupiter markets and token system, a new token listing approach, Oracle solutions, etc.
Airdrops πͺ
Swell L2 pre-launch deposits are live. Depositors can earn airdrops from Swell & projects on Swell L2, a share of 1M EigenLayer points, and points & yield of deposited assets.
Napier launched Llama Race and Quest 1, allowing users to earn Napier Points.
Feeturn, a protocol that gives users cashback on referral fees when trading on perp DEX, is currently offering a campaign: link your wallet and trade on the platform to earn a $10 cashback bonus
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Farms π§π»βπΎ
Maple Finance offers good yields on USDC, BTC, ETH, and SOL lending.
Supplying GHO liquidity on Gearbox earns ~49% APY
Today in DeFi is supported in part by ACI
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Tokenomics 2.0, Product Upgrade, >80% on Stables, β¦
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