Today in DeFi - Aave V3 Launch on Era, Kresko Shutdown, Hemi Incentivized Testnet, Deposit BTC to Earn Multiple Airdrops, and more..

Launches 🚀

• Aave V3 is launching on Era Mainnet with zkSync, incorporating Chainlink's price feeds. The AaveChan Initiative will manage GHOAave incentives through zkSync ecosystem airdrops and related programs.

• YieldNest, a liquid restaking protocol, has launched ynLSDe, its first Liquid Restaking Token (LRT), designed to enhance the rewards from staked $ETH.

• DeepBook, a decentralized liquidity layer, has launched its V3 Testnet. The update includes improvements to liquidity and trading fees, with the goal of providing performance similar to CEX on decentralized platforms.

• DeFund, a cross-VM liquidity hub, has launched its testnet. The project aims to solve DeFi interoperability problems by reducing impermanent loss and connecting different ecosystems for a smoother DeFi experience.

• Beraborrow has announced that testnet early access is now live for Big Fat Beras and Honey Jar’s Honey Comb NFT holders, with general access coming soon.

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Updates 📰

• OKX Wallet now integrates with Sonic SVM, enabling users to claim Sonic test tokens, start their Odyssey campaign, and play games on Sonic. An exclusive Sonic x OKX Wallet campaign is scheduled to launch next week.

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Issues 🚨

• Kresko, an open platform for synthetic stocks, commodities, and crypto, is shutting down due to significant health challenges faced by the founder. The community is advised to withdraw or migrate assets by September 10, 2024, with the option to transition to Kopio, a fork of Kresko's protocol.

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Airdrops 🪂

• Hemi Network, a modular protocol powered by Bitcoin and Ethereum, has launched its incentivized testnet. Users can earn rewards through testnet activities, which contribute to their point totals. The testnet aims to attract and retain users, developers, and creators before the mainnet launch.

• Dynamyte, a launchpad protocol on Gravity, has initiated The Gravity Bomb campaign. Participants can claim a Gravity Bomb NFT, which provides a $TNT airdrop multiplier, whitelist access for the $TNT public sale, and entry to the first IDO on the launchpad.

• Magic Eden Wallet's mobile app is now available on iOS and Android, with a $100K Mintfest prize pool. Mint exclusives from WIF, Michi, and Echelon are accessible through the Magic Eden Wallet to earn entries.

• Notional has completed the Season Two $ARB point drop, with all amounts over 1 $ARB transferred directly to users.

• Ramen Finance, a decentralized token launch protocol on Berachain, has announced the closure of Gacha registration. Users can now check their allocation for the token sale.

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Farms 🧑🏻‍🌾

• Stake your GHO to earn ~28.44% APR from AAVE and Merit Program

  • Today in DeFi is supported in part by ACI

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Deposit BTC to Earn Multiple Airdrops