Today in DeFi - Maker RWA Loan, Synthetix FAANG Synths, and More...
First RWA Loan on MakerDAO
Earlier, we covered Maker passing the Executive Vote, which is to add a Real World Asset (RWA) token as a DAI collateral type.
Yesterday, New Silver just financed its first loan using MakerDAO as a credit facility, becoming the first ever DAI backed with real world assets.
Today in DeFi is sponsored by Sushiswap.
Sushiswap is a DeFi-Native DEX which features the best liquidity across many DeFi pairs such as YFI, SNX, and AAVE.
Sushiswap has recently launched Bentobox, gas-efficient lending platform for DeFi, as well as Kashi, a one-click margin-trading platform.
Synthetix sFAANG Live
FAANG synthetic stocks are now tradable on Synthetix/Kwenta.
Ampleforth Launches $FORTH
Ampleforth, the first algorithmic stablecoin protocol in DeFi, introduced new governance token $FORTH. Users who has previously interacted with AMPL on-chain can claim an airdrop.
Celer Layer2.Finance Launches
Celer network launched layer2.finance, powered by its own rollup tech, on Ethereum Mainnet.
The initial v0.1 supports Compound, AAVE, and Curve, with more protocols to be added in the coming releases.
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Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned