Today in the world of decentralized finance (DeFi), there are several exciting developments taking place across various protocols and platforms. Let’s take a look at some of the most notable updates and upcoming launches in the DeFi space:
SSV, a network that aims to remove limitations that restrict the onboarding of validators and operators only to launch partners, has launched its permissionless mainnet. This is a significant step forward for the SSV network and will likely open up new opportunities for participation in the ecosystem.
Clearpool has launched Clearpool Prime on the OP Mainnet, which allows whitelisted institutional borrowers to launch pools with tailored terms and invite similarly whitelisted lenders to participate. This initiative could help bring more traditional financial institutions into the world of DeFi.
Boost has launched on Blast L2, enabling users to sell or leverage farm the Blast airdrop. Users can now deposit ETH and earn BOOST by selling or farming on Boost, creating new opportunities for earning rewards within the Blast ecosystem.
Vertex, an AMM protocol powered by Squid and Axelar, now supports cross-chain deposit, allowing users to bridge and deposit collateral from 8 chains without leaving Vertex. This update expands the capabilities of the Vertex protocol and makes it more accessible to users across different blockchain networks.
MES Protocol has integrated Liquity, enabling users to withdraw LUSD instantly to Ethereum and any rollup that MES is deployed on (Arbitrum/Optimism/zkSync). This integration makes it easier for users to access liquidity on the MES Protocol across various Ethereum scaling solutions.
Delta Prime, an Avalanche-based leverage farming protocol, now supports ggAVAX from Gogopool as collateral. This expansion of supported assets could bring new users and liquidity to the Delta Prime protocol.
Looking ahead, Curve LP optimizer Conic Finance is planning to deploy V2, with the protocol launching votes for the V2 upgrade, including new features, reimbursement schemes, and incentives. This upgrade could bring significant improvements and new opportunities to users of the Conic Finance protocol.
Additionally, Parapswap DAO has proposed to burn the DAO’s 400 million PSP tokens scheduled to vest in years 3 and 4, reducing the maximum supply from 2 billion to 1.6 billion. This proposal could have important implications for the supply and value of the PSP token.
Celestia is set to integrate its data availability layer with Polygon CDK, aiming to reduce gas fees for projects using Polygon CDK. This integration could make DeFi more accessible and affordable for users on the Polygon network.
Finally, Synthetix has stopped SNX inflation and plans to test the new fee share and buyback and burn model on Base L2. This change in the SNX protocol could have significant implications for the future of the Synthetix ecosystem.
In addition to these updates and upcoming launches, there are also new airdrops and high-yield farming opportunities available to users across various DeFi platforms. The DeFi space continues to evolve rapidly, with new developments and opportunities emerging on a regular basis. As the ecosystem continues to expand and mature, it will be important for users to stay informed and engaged with the latest developments in order to take full advantage of the opportunities available in the world of decentralized finance.