Aave Opens Door to Lido Rewards
Hello Defiers! Here’s what we are covering today!
News
- Aave Opens Door for Lido Rewards Across Three Networks
- DeFi Giants Join Forces on Twitter to Promote Decentralization
- Market Maker Hacks CoW Swap
Exclusive
DeFi Earnings
Podcast
Defiant Video
- DeFi opportunities on Arbitrum right now!
- Ethereum Devs launch public testnet to support staked ETH withdrawals
- Binance stops USD transfers
News
Liquidity Staking
Aave Opens Door for Lido Rewards Across Three Networks
Lido Has Skyrocketed 58% in Last 30 Days as LSD Story Picks up Mojo
In the latest bullish signal for the burgeoning staking sector, Aave has just cleared the way for Lido to distribute rewards across three liquidity pools on its system — Ethereum, Arbitrum, and Optimism.
Read the full story in The Defiant
DeFi Lending
MakerDAO Defies Bear With $19M in Profit
DeFi Lender Takes 42% Hit to Top Line But Stays in the Black With RWA Strategy
By Samuel Haig
At first glance, MakerDAO’s financial performance in 2022 looks grim — the No. 2 DeFi protocol suffered an 79% drop in operating earnings and its top line revenues skidded by 42%.
Yet, given the carnage in crypto in 2022, MakerDAO, a pioneer in DeFi lending, can at least boast it made money last year. And the protocol’s embrace of real-world assets provided a most welcome source of growth.
Read the full story in The Defiant
Sponsored Post
MetaMask Learn is an educational platform designed to immerse you in the world of web3— what it is, why it matters, and how to get started. You will learn core concepts in fresh and engaging lessons from the world’s leading self-custodial wallet.
- You’ve been interested in web3 but just don’t know where to start
- You’ve bought some crypto on an exchange but don’t know what to do with it
- You still don’t understand web3 principles because they’ve been too jargon-heavy
- You want to know what the fuss about web3 really is
- You just want to keep up with your friends who babble about this new digital era and its possibilities
The list could go on. But at its core, Learn is designed for anyone who wants to take the leap to explore uncharted waters. At a self-moderated pace, you can jump into any and all lessons that interest you, interact with features in the simulation, and experience those satisfying “ah-ha” moments when you finally grasp important concepts. As you may have heard, crypto wasn’t created to make you rich, it was created to set you free. And we like to think freedom is fun.
Exclusive
Arbitrum to Let Devs Work in Traditional Programming Languages
Stylus Initiative Enables Devs to Deploy Apps on Leading Layer 2
By Owen Fernau
Developers often need to learn a new programming language to break into crypto, but the company behind Arbitrum, the top Layer 2 network for Ethereum, is trying to change that picture.
Read the full story in The Defiant
DeFi Collaboration
DeFi Giants Join Forces on Twitter to Promote Decentralization
Aave, MakerDAO and Yearn Seek to Show Contrast with Scandal-Plagued CeFi Firms
By Samuel Haig
About 20 DeFi projects, including Yearn, Aave, and MakerDAO, are poised to begin sharing each other’s tweets Monday as part of a 24-hour campaign to promote the permissionless nature of decentralized finance.
Read the full story in The Defiant
Hacks
Market Maker Hacks CoW Swap
DEX Says a ‘Solver’ Perpetrated the Heist and Customer Funds Are Safe
By Samuel Haig
Hackers exploited the CoW Swap decentralized exchange on Tuesday and stole $166,000 worth of BNB from a wallet controlled by the protocol, according to the company. In a twist, CoW Swap identified the hacker on Twitter as one of its market makers.
Read the full story in The Defiant
Defiant Video
Trends
DeFi opportunities on Arbitrum right now!
Shorts
Ethereum Devs launch public testnet to support staked ETH withdrawals
Binance stops USD transfers
Podcast Video
Managing $125 Million Through A DAO
