Today in DeFi - Reserve eUSD Live, Maker Reactivates D3M, Stable Farming on Osmosis, and More...
Reserve eUSD Live
![Twitter avatar for @reserveprotocol](https://substackcdn.com/image/twitter_name/w_96/reserveprotocol.jpg)
![Image](https://substackcdn.com/image/fetch/w_600,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fpbs.substack.com%2Fmedia%2FFqELdOEaYAUqYSJ.png)
Reserve launches Electronic Dollar (eUSD) on Ethereum and the MobileCoin chain. eUSD is backed by a basket of stablecoin derivatives (cUSDC, cUSDT, aUSDC, aUSDT) using Compound and Aave, and 100% of the yield that eUSD generates is directed to RSR stakers
Maker Reactivates Aave D3M
![Twitter avatar for @MakerDAO](https://substackcdn.com/image/twitter_name/w_96/MakerDAO.jpg)
![Image](https://substackcdn.com/image/fetch/w_600,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fpbs.substack.com%2Fmedia%2FFqEZmAvXwBclbc5.jpg)
MakerDAO reactivated Aave D3M and deployed $5m DAI to the market on Aave V2. The initial debt ceiling is 5m with a target borrow rate of 2%.
Polygon ID Release
![Twitter avatar for @0xPolygon](https://substackcdn.com/image/twitter_name/w_96/0xPolygon.jpg)
Polygon releases the Polygon ID infrastructure stack, enabling devs/projects to utilize the tools and integrate identity solutions into their products.
Cat-in-a-Box Live
![Twitter avatar for @catinaboxfi](https://substackcdn.com/image/twitter_name/w_96/catinaboxfi.jpg)
![Image](https://substackcdn.com/video/upload/e_loop,vs_40/slvq3qscphdmd0lqk8h1.gif)
Dynamic lending protocol Cat-in-a-Box is now live on Ethereum. Users can deposit stETH to mint and borrow boxETH for further uses while earning yields.
Conic Omnipools Live
![Twitter avatar for @ConicFinance](https://substackcdn.com/image/twitter_name/w_96/ConicFinance.jpg)
![](https://substackcdn.com/image/fetch/w_600,h_314,c_fill,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc68556bc-6c00-407a-9083-5c201326a6af_1200x675.png)
Conic launches Omnipools for the Curve ecosystem. Omnipools enables LPs to diversify their exposure across Curve and Convex. LPs can earn $CNC in addition to CRV and CVX rewards.
Thales Staking on Arbitrum
![Twitter avatar for @thalesmarket](https://substackcdn.com/image/twitter_name/w_96/thalesmarket.jpg)
![](https://substackcdn.com/image/fetch/w_600,h_314,c_fill,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8c046c49-2270-45b8-b715-8f18a9a25c64_1200x675.png)
Parimutuel markets protocol Thales launches staking on Arbitrum with a gamified rewarding approach. Besides staking, Thales also launches an incentivized THALES/ETH pool on Camelot.
Liquidity Incentives, Stable Farming on Osmosis, β¦
Keep reading with a 7-day free trial
Subscribe to Today in DeFi to keep reading this post and get 7 days of free access to the full post archives.