DeFi in Ether
Biweekly update on Ethereum DeFi ecosystem vol.9, 8th July — 22nd July
3B TVL milestone, Total DAI is now >200M, yEarn has been making big waves, mStable launches MTA on Gnosis-based Mesa DEX, Aave introduces new features, Synthetix’s dHedge is live on testnet, Balancer’s first governance polls, and much more!
TL;DR
- yEarn — an automated liquidity aggregator created by Andre Cronje and his team — has been making big waves over the weekend through the release of its native governance token — YFI.
- mStable launched their protocol token (MTA) over the weekend on the Mesa platform (built by Gnosis).
- The Aave team introduced new risk parameters giving more freedom to users, new assets listed, the listing of LEND on Loopring, and a brand new fiat onramp for a seamless Fiat to Yield experience. Moreover, the team has raised $3 million in a sale of the protocol’s LEND token.
- Total DAI is now over 200 million, a new all-time high. MakerDAO approves 4 new light feeds for oracles: Kyber Network, Infura, Etherscan and Gitcoin have all been added as Light Feed’s to the MakerDAO protocol.
- Five new proposals have passed through Compound’s governance system in July, with two passing, two failings, and one being canceled.
- Dharma has voted in favor of Compound Prop 15 and 17, and has voted against Compound Prop 16.
- 0x Developer Update — July 2020 is out. Matcha surpassed $10M in cumulative volume with over $11.8M traded since launch.
- Augur v2 will launch next week, on July 28, 2020. Check out The Augur Master Plan (Part 2) published yesterday.
- Update for all of dYdX programmatic traders and developers is out.
- All three Balancer proposals have been approved by the vast majority of voters. A more detailed outcome of the voting will be published later this week.
-
1inch.exchange passed $777,777,777M of total volume. These weeks, the team added 1inch to Gnosis Safe Multisig App. MTA is already listed on 1inch for limit orders. YFI AMD BZRX is integrated in their pathfinder.
- Bancor V2 is getting ready for release as it publishes both the code of its smart contracts and a bug bounty for researchers to report vulnerabilities. Once live, the new Bancor V2 pool will allow Chainlink and ENJ holders to provide liquidity and earn a share of the pool’s trading fees while maintaining their long position on the token.
- Only two days left to vote on the first KyberDAO Proposal: BRR-1.
- dHedge, a new decentralised asset management protocol powered by Synthetix, is now live on the Ropsten testnet.
- The Loopring and bZx teams announced that the BZRX token is listed on
Loopring.io, Ethereum’s zkRollup exchange, trading against ETH. Loopring first month’s liquidity mining campaigns are complete.
- Ren just crossed $50m total volume. The renBTC asset is now listed on Loopring, Ethereum’s zkRollup Exchange, trading against USDT. REN is now supported in the Aave Market. And it is now available on Kyber Network.
- TokenSets News Feed now live, it allows you to keep up to date with Social Traders and Sets that you’re following as well as discover new ones.
- DeversiFi launches Celebrity Trader, a competition where if you pick the winning trader, you’ll win their entire portfolio.
- An update from the Chicago DeFi Alliance where they recap some of their work and announced new cohort members including Gauntlet, Three Arrows Capital and Aave, was published.
- KeeperDAO v1 is live on mainnet.
- MCDEX liquidity mining guide is out.
- Switcheo Exchange has now integrated liquidity from Uniswap V2.
- Latest Raiden Weekly is out.
Read Q2 update on the Melon ecosystem.
- xDai weekly recap is here.
- The Q2 2020 Ethereum DeFi report by ConsenSys Codefi.
- These weeks DeFi podcasts.
And more!
#DeFi_in_Ether
https://t.co/W9bQyDVpon?amp=1 
