Today in DeFi - PancakeSwap on Arbitrum, Sentiment Sunsetting V1, Stable Pools with Boost, and more...
PancakeSwap on Arbitrum
BnB Chain-based DEX PancakeSwap is now live on Arbitrum with Swaps, Liquidity Provision, and upcoming Farms and IFOs.
Sentiment Sunsetting V1
Sentiment V1 will sunset on Aug 22nd, while the team is working on the upcoming V2. Previously, Sentiment was affected by the Cruve exploit and had deprecated support for Convex/Curve TriCrypto pools.
Tenet Bridge Live
The bridge between Tenet L1 and six chains supported by LayerZero, is live. Tenet bridge allows bridging major LSDs, such as stETH, rETH, MaticX, and ankrBNB, as well as stablecoins such as USDC, USDT, and DAI.
Tenet is an LSD-focused, EVM-compatible L1 secured by Diversified PoS.
Trader Joe Auto-Pools V2
Trader Joe has upgraded the algorithm of Auto-Pools. The upgrade “interprets more data and offers a more diverse set of decisions during rebalancing”.