Today in DeFi - StakeDAO, Typhoon Cash, and More
StakeDAO
Stake DAO, a staking and yield aggregating DAO, has launched. Created by Julien Bouteloup, StakeDAO is forked from Zapper, but also has its own functionality.
With the stated aim of being a one stop yield shop, Stake Dao allows users to easily participate in yield-bearing strategies as well as single-asset staking opportunities for their portfolio.
In addition to this Zapper-like functionality, Stake Dao also has fiat on-off ramp functionality courtesy a Ramp Network integration.
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:Β https://aave.com
Typhoon Cash
Typhoon Cash, a Tornado Cash fork with yield-bearing assets, has launched. Find out more about the protocol above.
Be aware that using mixers may result in your wallet being blacklisted by certain exchanges, gov. agencies or protocols.
DIGG
DIGG, a bitcoin rebase token, is launching soon. The snapshot has already been taken and you can find out more about DIGG above.
BoringDAO is partnering with 88MPH, a fixed rate lending platform, which allows users to collect their yield up front (while locking their assets for the term). Find out more inΒ the postΒ .
FollowΒ @todayindefiΒ 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