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Today in DeFi - US Passes Crypto Bills, Lido Proposes stETH Governance, gDAI Hedging, and more...
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Today in DeFi - US Passes Crypto Bills, Lido Proposes stETH Governance, gDAI Hedging, and more...

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Jul 27, 2023
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Today in DeFi - US Passes Crypto Bills, Lido Proposes stETH Governance, gDAI Hedging, and more...
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US Passes Crypto Bills

On Wednesday, the US House Financial Services Committee passed six bills thatย provide consumer protections and legislative clarity for digital assets.

Among all six bills, the Technology for the 21st Century Act is considered positive for crypto as it provides a reasonable regulation framework for crypto assets.

The bills will now go to the House floor and become laws if the Senate passes the House version.

Proposal: Lido stETH Dual Governance

Lido is pushing for a dual governance model. The new model aims to grant stETH holders veto power over the DAO's governance decisions. The proposal was first proposed in June and has yet to move behind discussion to a vote.

tBTC V2 Redemptions Live

BTC bridging protocol Threshold launches tBTC V2 redemptions. Users can now able to redeem their tBTC back to native BTC.

Rysk Options Trading Live

Arbitrum-based options protocol Rysk has enabled ETH options trading after the liquidity bootstrapping phase.

Gamma on Ramses

Liquidity management protocol Gamma Strategy launches on Ramses exchange, offering yield strategies for Ramses LPs.

fUSDC Farming, Hedging on gDAI, โ€ฆ

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