Today in DeFi - RAI Launches, BitWise DeFi Fund, and More

RAI is Live

Reflexer Labs @reflexerfinance

1/n RAI is (officially) live! Let the money god rise and shine 🗿 medium.com/reflexer-labs/…

medium.comRAI is LiveAfter almost a year of testing, simulations and building, we’re thrilled to announce the launch of RAI! RAI is an ETH backed, non pegged stable asset whose monetary policy is managed by an on-chain…

RAI, an ETH-only, governance-minimized version of DAI, has launched. RAI has both positive and negative rates (DAI only has positive rates), has an on-chain “PI” controller, and will feature native insurance.

Today in DeFi is sponsored by Aave.

Aave is a decentralised, open-source, and non-custodial liquidity protocol for earning interest on deposits and borrowing assets. It tokenizes deposits as aTokens, which accrue interest in real time. Aave also features access to Flash Loans and Credit Delegation as uncollateralised loan options.

Try it today at: https://aave.com

BitWise DeFi Fund

Bitwise @BitwiseInvest

1/ Today, we're thrilled to launch the world's 1st DeFi crypto index fund! DeFi is an exciting, young, & fast-growing category. We hope this fund makes it easier for more to participate. Press release here: bitwiseinvestments.com/resources/pres… Below, a quick run-through of the details —

BitWise now has a DeFi Fund. Bitwise is a crypto index fund provider. The current asset make up is: UNI, AAVE, SNX, MKR, COMP, UMA, YFI, ZRX, & LRC.

Bancor Vortex

Bancor @Bancor

🌪🌪🌪 Bancor Vortex is live! 🌪🌪🌪 Here's how to use it and what you need to know: blog.bancor.network/using-bancor-v…

Bancor Vortex is live. Vortex allows staked Bancor to be used as collateral to mint vBNT, which can be traded for other tokens on Bancor. This mechanism is similar to how SNX can be collateralized in Synthetix.

Hex Trust adds AAVE

Hex Trust @Hex_Trust

Hex Trust has partnered with @AaveAave, integrating Aave, stkAAVE, and aTokens into our institutional-grade custody platform, Hex Safe. We're also integrating the Aave Protocol within our new DeFi module. bit.ly/3jXNZts #Crypto #DeFi #cryptocurrency

bit.lyAave partners with Hex Trust to bring institutions to DeFiThursday 18th February, Hong Kong — Hex Trust, the institutional gateway to DeFi and Digital Assets, has partnered with Aave, an open-source and non-custodial liquidity protocol for earning interest…

Hex trust, a crypto custody company(unrelated to the cryptocurrency HEX) has added AAVE, staked AAVE, and aTokens into Hex Safe.

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