Today in the world of decentralized finance (DeFi), several exciting developments have taken place. One of the biggest news items of the day is the launch of Maverick on zkSync Era. Maverick is an automatic market maker (AMM) that prioritizes capital efficiency. After being previously launched on Ethereum, Maverick has now gone live on zkSync Era.
In other news, the ETHTaipei event will bring together Ethereum-focused teams from across the globe to discuss trends and build on the platform. The event will feature a hackathon from April 21 to 23 followed by the main conference from 24 to 25. Leading industry experts such as Vitalik Buterin and members from The Graph, imToken, and Perpetual Protocol will share their insights and expertise.
Li.Fi, a leading cross-chain bridge swap built by Li.Fi, has partnered with InsurAce to launch Bridge Insurance. This new offering will provide added protection for bridging transactions on Jumper Exchange.
Angle protocol passed the vote to restore agEUR’s peg after Euler’s repayment. The community has approved the mint & burn of agEUR, which will allow people to buy and sell agEUR to the protocol at 1€.
Arbitrum has announced that it will start distributing the initial 1.13% token allocation of the ARB airdrop supply to DAOs. Discussions are already taking place about the potential usage of these tokens by projects like Uniswap and Lido.
In conclusion, it’s clear that the world of DeFi continues to evolve at lightning speed. Today’s developments showcase the ongoing innovation and creativity in the space, as well as a continued focus on improving the user experience and security of the DeFi ecosystem.