Today in DeFi - FRAX Stablecoin on Near, EigenLayer AVSs on Mainnet, Synthetix Meme Coin, Isolated Borrowing with Liquidation Protection, and more...

Updates 📰

• FRAX stablecoin is live on Near Protocol via Ref Finance and Burrow through FraxFerry and the Rainbow Bridge. More Frax assets including sFRAX, sfrxETH, FXS, etc. will be available on Near.

• Ethet.fi weETH is live on Mode L2. EtherFi users can now bridge weETH to Mode and earn Mode Points on top of their Staking Yield + Eigenlayer Points + EtherFi Points.

• Renzo is live on Linea L2. Renzo users can restake ETH directly on Linea

  with $ezETH as a native asset.

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Upcoming ⏳

• EigenLayer announced a gradual mainnet rollout comprised of six phases to bring operators and EigenDA to mainnet.

• Synthetix founder will launch a memecoin on OP for all the SNX stakers today to test 4844 costs.

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Farms 🧑🏻‍🌾

• Staking your GHO on Aave earns ~35% APR

  • Today in DeFi is supported in part by ACI

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Isolated Borrowing with Liquidation Protection,…