🔑DeFi Devs Turn To Real-World Assets For Future Growth

GM Defiers!

The rising rates available in traditional markets is attracting DeFi developers, with Umee, Maple Finance, Pendle, and Frax all making moves to embrace real-world assets. The announcements follow the success of MakerDAO's growing RWA adoption, which now drives 80% of project's revenue.

Coinbase announced a revenue-sharing agreement between its Layer 2, Base, and Optimism, the team behind the OP Stack technology underpinning Base. Optimism will receive a share of Base's revenue moving forward, with Base earning up to 2.75% of the OP token's supply in exchange for governance participation.

The complexity of liquidity providing on Uniswap v3 has given rise to protocols offering automated LP strategies in exchange for a fee. The Defiant spoke to Maverick, an emerging contender automating Uniswap v3 liquidity provision, to learn more about the sector.

And decentralized exchanges are facing an influx of Telegram trading bots, with Dune Analytics data indicating more than 7,000 bots are now active daily. However, said trading bots require access to a user's private keys, compromising their security in the process.

✍️ In today’s newsletter:

• High real-world yields entice DeFi developers
• Base to share revenue with Optimism for OP tokens
• Exploring automated LP management for Uniswap v3
• Telegram bots surge in popularity despite security risks