TodayinDeFi - Sui Addresses Allegations of Insider Token Sales, CrossFi Mainnet Launched, $WLFI Token Sale Live, ETH Farm - Earn OP, ETH and Points for Providing ETH Liquidity, and more..

Launches 🚀

• CrossFi has launched its mainnet, which reportedly supports 100K TPS, integrates crypto and fiat services, offers over-collateralized stablecoins, and enables cross-chain interoperability. Users can build, stake, earn, and trade on the platform.

• World Liberty Finance ($WLFI) has commenced its token sale, with support from Donald J. Trump. $WLFI tokens can be purchased through the official website.

• Osmosis has introduced Osmosis Pay, powered by Cypher HQ. This card enables users to spend assets from Osmosis, including USDC and USDY, at over 40 million merchants across 140 countries using the VISA network. It is compatible with Apple Pay and Google Wallet.

• Towns has released a decentralized and permissionless group chat application, allowing users to create their own digital town squares. Built on River, it includes end-to-end encryption and offers extensive gating options based on ERC20 tokens, NFTs, and wallet addresses, which may facilitate membership fees.

• Pyth Network has announced that PlutoLeverage, a DeFi leveraged yield machine on Solana, is now supported by Pyth. This integration aims to provide real-time pricing, potentially allowing users to enter and exit positions with greater confidence.

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DIA’s new Rollup-Powered ‘Lumina’ Reimagines Oracles

• Discover Lumina, DIA’s cutting-edge new oracle stack, delivering the most trustless and verifiable data feeds in DeFi through its native ‘Lasernet’ Ethereum Layer-2 rollup.

  The DIA utility token – the gas token of the Lasernet, captures value generated by data usage revenue and redirects it to stakers, nodes and holders, setting the foundation for an economic flywheel —DIA staking is on the horizon, we’ve heard. 

  • Today in DeFi is supported in part by DIA

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Updates 📰

• Sui Foundation has responded to allegations about insiders selling $400 million in tokens during a recent price increase, stating that no insiders, including employees, founders, or investors, have participated in such sales. The Foundation notes that all token lockups are managed by qualified custodians and are monitored continuously, with the suspected wallet owner believed to be an infrastructure partner adhering to lockup schedules.

• Scroll has launched drand VRF, which provides trustless randomness on all EVM chains. This open-source implementation offers free, verifiable randomness for developers, which could support various use cases in gaming, lotteries, and other decentralized applications (dApps).

• Felix Protocol, an on-chain financial system for Hyperliquid, has introduced feUSD, a stablecoin that enables users to borrow against major cryptocurrencies such as ETH, BTC, and HYPE, utilizing its unique CDP architecture to offer competitive borrowing rates.

• Sonic Labs, previously known as Fantom, has published its Sonic Litepaper, outlining the tokenomics for its upcoming launch. Highlights include the circulating supply of the S token and an airdrop schedule.

• Galxe has integrated with Sei Network, described as the fastest parallel EVM Layer 1. This collaboration focuses on open-source development, with potential Sei rewards for explorers in the future.

• TokenUnlocks has rebranded to Tokenomist.AI, aiming to strengthen its position as a source for transparent and standardized tokenomics data.

• Layer3 has formed a partnership with Solayer Labs to enhance staking rewards on Solana. This collaboration will introduce Solayer's liquid staking solutions on Layer3, offering users opportunities to maximize their staking rewards.

• YieldNest has initiated a DeFi integration that allows $ynETH to be used as collateral on Curve Finance. This development permits users to borrow crvUSD stablecoins against their ynETH tokens, which may create new opportunities to leverage and enhance returns.

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Upcoming ⏳

• Astria, a sequencing layer, has announced that its mainnet launch is forthcoming.

• Asymmetry Finance has introduced $ASF, the governance token for Asymmetry DAO, which will be publicly available on October 24 through FjordFoundry. Holders will have the opportunity to participate in governance decisions, access exclusive features within the ecosystem, and vote-escrow tokens to potentially enhance their voting power.

• Avalanche has acknowledged Off The Grid for launching the Alpha Quest to commemorate its introduction. Participants who complete the quest will be eligible for exclusive $GRID rewards and in-game cosmetics.

• Sophon has formed a partnership with Mirai Labs, creators of Pegaxy and Petopia, which aims to advance mobile-first gaming and consumer applications. The mainnet launch is expected in November 2024.

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Airdrops 🪂

• WalletConnect has stated that there are three days remaining to register for the WalletConnect Token (WCT) airdrop. A step-by-step guide has been provided to assist users with the registration process.

• Matchain has announced that participants in Stage 1 of the Megadrop campaign with OKX can now claim their OKX Badge. A video guide is available for a detailed walkthrough of the process.

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Farms 🧑🏻‍🌾

• Stake your GHO to earn ~16.19% APR from AAVE and Merit Program

  • Today in DeFi is supported in part by ACI

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ETH Farm - Earn OP, ETH and Points for Providing ETH Liquidity