Defiprime #28 - Recap of DeFi Space, December 2020
New DeFi Products
Aave V2
Aave V2 is the DeFi borrowing and lending protocol’s upgraded system, which brings about many structural optimizations and new features like collateral swaps.Loopring’s zkRollup AMM
The team behind decentralized exchange Loopring just launched an L2 version of their DEX via zkRollup tech. The AMM will power instant and cheap transactions.Gnosis Custom Market Maker
A combination of the Gnosis Safe and Gnosis Protocol DEX, this tool is an extremely customizable AMM that caters to advanced traders.SuperRare Timed Auctions
Leading Ethereum cryptoart platform rolled out Timed Auctions, which puts permissionless digital art auctions in the hands of all of its artists.Compound Chain
Popular DeFi borrowing and lending protocol Compound unveiled plans for its own separate blockchain, i.e. Compound Chain, which the project will use as a coordination hub for its cross-chain DeFi services.Graph Protocol
Decentralized open API project Graph Protocol launched on the Ethereum mainnet this month, and to much ado.Curve’s sETH Pool
This month saw Curve launch its sETH pool, which is notably the DEX’s first ETH-based pool.Fuel v1
Optimistic rollup project Fuel’s v1 system just arrived on the Ethereum mainnet. It’s the first ORU project to have achieved this feat.
Aave is a sponsor of our monthly newsletter 🙏
Aave is an open-source and non-custodial protocol for money market creation on Ethereum. Originally launched with the Aave Market, it now supports a Uniswap Market and enables users and developers to earn interest and leverage their assets. Aave also pioneered Flash Loans, the first uncollateralized loan option in DeFi, and an innovative building block for developers.
What’s new at Defiprime
Defiprime listed a handful of new products this month, including:
SynLev, a leveraged synthetic assets project ✅
Empty Set Dollar, an algorithmic stablecoin loosely inspired by the design of Basis ✅
dHEDGE, a DeFi investment management protocol ✅
FinNexus Options, a new decentralized options protocol ✅
Interviews with DeFi projects
dHEDGE – Co-founder Henrik Andersson explains how the upstart asset management protocol is aimed at democratizing finance.
OpenDAO – Co-founder Sean Qian breaks down how his project is centered around tokenizing real world assets.
CryptoWars – Co-founder Vitaliy outlines how CryptoWars is built to gamify DeFi liquidity mining.
Noteworthy Links
S&P Dow Jones Indices to Launch Cryptocurrency Indexes in 2021
Stability, Elasticity, and Reflexivity: A Deep Dive Into Algorithmic Stablecoins
Upcoming DeFi Events
MarketMake Hackathon - 15 Jan 2021 - Online
ETHDenver 2021 - 04 Feb 2021 - Online
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