Today in DeFi - Yearn ETH Vaults, New WETH Wrapper, and More...

Mar 02, 2021

Yearn ETH v2 Vaults

Yearn's brand new✨ v2 ETH vault is now live! Lots of other improvements on the site as well, including fee and APY breakdowns, and improvements to how we display Total Assets. Check it all out on yearn.finance

Yearn’s ETH Vaults are back, allowing you to earn yield on your idle ETH.

WETH10

Alberto Cuesta Cañada @acuestacanada

WETH10 is live on mainnet! This new version of the much-loved WETH wrapper comes with a few new features to make your transactions cheaper. etherscan.io/address/0xf4bb…

A new ETH wrapper is live on mainnet. WETH10 is a new version of WETH which features:

ERC2612 `permit` for gasless transactions
ERC667 `transferAndCall` to skip `approve`
`deposit` and `withdraw` with arbitrary sender and recipient
ERC3156 zero-fee flash mints

This gives this version of Wrapped ETH more power, while reducing tx fees for applications which use it.

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

Compound Gateway

Compound Labs @compoundfinance

Today, we're proud to announce a prototype based on the Compound Chain whitepaper: Gateway is a cross-chain interest rate market that allows you to borrow assets native to one chain (e.g. ETH), with collateral from another chain (e.g. CELO).

medium.comIntroducing GatewayGateway is a Substrate blockchain, governed by COMP token-holders on Ethereum. While many bridge solutions rely on wrapping (porting) assets, a cross-chain interest rate market would allow you to borrow assets native to one chain (e.g. ETH), with collateral from another chain (e.g. DOT).

Compound Labs has unveiled Gateway, its prototype Compound Chain product. Built on Polkadot, Gateway is a Substrate Blockchain designed for interest rate markets. Validators on Gateway can earn interest. Find out more at compound.cash

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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