Today in DeFi - Vest Exchange Private Mainnet, EIGEN Stakedrop Update, MODE Token & Airdrop Extension, SOL Liquid Staking + Airdrops, and more...
Launches π
Vest Exchange, a perps DEX backed by Jane Street, launched its phase one private alpha mainnet on zkSync Era. Users with an invite code can trade on Vest and earn LP yields. Others can earn codes by joining Vest Discord and earning roles.
Sturdy Subnet is live on the Bittensor mainnet. The Subnet allows Sturdy aggregators to determine the allocation between whitelisted silos for optimal yield. Users can now deposit into aggregators to earn yield and accrue rewards.
Heroglyphs, an incentive layer for solo stakers, launched its website. Users with a Genesis NFT key can now register their IDs to earn BADGES and exclusive NFTs. Another snapshot will be conducted with new Genesis Keys for additional chains.
Updates π°
Eigen Foundation updated on the EIGEN Stakedrop after facing community backlash. The Foundation will distribute 100 more EIGEN to token holders. It also clarified that investor tokens will vest after token transferability starts, sometime after Sept. 30, 2024.
Klaytn announced Kaia, a new blockchain that merges Klaytn and Finschia. Kaia is backed by Korean and Japanese tech giants Kakao and Never, and the chain will be launched by the end of June.
Upcoming β³
Ebisu Finance is launching a stablecoin project. Ebisu will enable users to borrow ebUSD against LSTs and earn EigenLayer, LRT, & AVS rewards. Ebisu pre-deposit vaults are live, allowing users to deposit LSTs to earn Koi.
Synthetix founder Kain Warwick said that Infinex Account would launch on May 13. Infinex Protocol is a front-end to access Synthetix liquidity and trading features, and the Infinex Account will be the starting point of Infinex that allows users to deposit into that account to earn governance points.
Threshold Netowork proposed onboarding tBTC to the Aave v3 on Ethereum, Arbitrum, and Optimism. The vote is live and will end on May 4th.
Origin Protocol approved the OGN Tokenomics proposal. The proposal introduces xOGN, new staking mechanics, and new value accrual mechanisms for Origin stakers.
Airdrops πͺ
Mode L2 introduced the MODE token and extended Airdrop 1 by 5 days until May 5th, followed by Airdrop 2 with boosted incentives.
Magic Eden launched Diamond Rewards for its Bitcoin marketplace, allowing users to claim Retro rewards and earn Diamonds by purchasing Magic Eden listings.
Blueberry TGE and relaunch are coming and users can still farm $BLB by depositing on Blueberry upon relaunch. Users will need to migrate their funds to a new contract to continue receiving rewards upon relaunch
Farms π§π»βπΎ
Stake your GHO to earn AAVE and participate in the Merit Program (for the last round, participants got ~90% APY)
Today in DeFi is supported in part by ACI
Today in DeFi is Now on Telegram
Get notified of daily DeFi news, project analysis, early airdrops, farming opportunities, and many more as soon as we publish. https://t.me/todayindefinews
For news tips and press releases reach us at news@todayindefi.com.
For sponsorships or partnerships, reach us at: support@todayindefi.com
SOL Liquid Staking + Airdrops
Keep reading with a 7-day free trial
Subscribe to Today in DeFi to keep reading this post and get 7 days of free access to the full post archives.