Today in DeFi - 3x BTCBULL/BEAR, YAM x UMA, and More

Dec 11, 2020

3xBTCBULL/BEAR Live

3XBTC/USD trading is now live on synlev.com/exchange! Leverage trade BTC/USD with no liquidations or expiration! Powered by Ethereum and @chainlink $SYN $LINK

synlev.comSynLev ExchangeSynLev: Synthetic Leverages. Built on Ethereum and Chainlink

SynLev, a leveraged token platform, has just launched 3x BTC BULL and BEAR Tokens. These tokens allow traders to take a 3x long, or short position on Bitcoin. The 3xBTC BULL/BEAR tokens supplement the existing 3xETH USD tokens SynLev already supports.

th all PowerIndexes, there are some additional features like cash flow accrual to to the token, and governance participation. Find out more in the article.

YAM x UMA

Yam Finance @YamFinance

We're excited to announce a collaboration with @UMAprotocol and the creation of a new product suite: #DegenerativeFinance! These degen derivatives will begin with #uGas and expand into a variety of synthetics catered to the DeFi ecosystem.

yamfinance.medium.comYAM x UMA: Degenerative FinanceThe Yam community is excited to announce a collaboration with the UMA protocol team and the creation of a new product suite: Degenerative Finance. This new suite of degen derivatives will begin with…

Yam Finance is teaming up with UMA to create “Degenerative Finance”. This partnership means that uGAS will transfer ownership to Yam Finance, who will develop it into a full fledged product. In addition, “dapp mining” will occur to incentivize further development in the ecosystem.

Curv DeFi

ConsenSys @Consensys

A new offering from @metamask_io will provide cryptocurrency funds, custodians, and professional traders with institutional-grade features and controls for connecting to #DeFi. Our first launch partner is @curvmpc

consensys.netMetaMask Early Adopter Program Enables Institutional Access to DeFi | ConsenSysCurv, a leader in digital asset security, will be the first launch partner to integrate an institutional version of MetaMask to connect its customers to decentralized finance protocols and applications.

Curv, (unrelated to Curve finance) has launched Curv DeFi - a way for institutions to access DeFi. Leveraging its partnership with Consensys, it will offer an institutional grade Metamask which will allow users to access DeFi services:

“Customers can swap tokens, borrow, lend, and invest in Ethereum applications with the same familiar user experience of MetaMask — yet with the operational, security, and reporting features necessary to run a professional DeFi trading desk.”

Follow @todayindefi to keep up with the latest DeFi news on Twitter.

Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned