Today in the world of DeFi, there are several exciting developments that are worth taking a look at. From new launches to upcoming events and airdrops, the decentralized finance space is buzzing with activity.
Aevo has launched aeUSD, a yield-bearing stables-denominated collateral asset that allows users to earn a 4.75% APY on their exchange margin while trading with 20x leverage. This innovative asset, consisting of 5% USDC and 95% sDAI, provides an opportunity for users to earn passive income while engaging in trading activities.
Additionally, QuickSwap has introduced QuickSwap Bonds on the DEX, providing a new way for liquidity provision. Users can now provide liquidity and receive tokens at a discount that vest over time, represented by a Bond NFT. This new feature adds an interesting layer to the liquidity provision process on QuickSwap.
Meanwhile, the Ethereum Reserve Dollar (ERD) lending protocol has launched the USDE stablecoin, utilizing liquid staking derivatives (LSDs) and blue-chip DeFi tokens as collateral. This introduction of a new stablecoin further expands the range of options available to DeFi users.
In upcoming news, the Worldcoin Foundation has unveiled a new grants program for developers and outlined plans to decentralize the network. This signals a commitment to fostering innovation and ensuring the long-term sustainability and security of the Worldcoin network.
Airdrops continue to be a popular way for projects to engage with their communities, with Solana liquid staking protocol Jito set to open the airdrop claim window on Dec 7th, 2023. Eligible users will have the opportunity to claim their JTO tokens for 18 months, starting on the Token Generation Date.
In the world of farming, Alphanonce has launched a new borrower pool on Clearpool, allowing lenders to earn a 9.23% APR with 5% additional rewards in OP. Additionally, Stakewise has introduced a new farm osETH-rETH on Curve, enabling users to earn staking rewards from RocketPool and StakeWise, trading fees, and $SWISE incentives.
These developments highlight the dynamic and rapidly evolving nature of the DeFi space, with new products, features, and opportunities constantly emerging. As the ecosystem continues to grow and mature, it will be interesting to see how these developments shape the future of decentralized finance.