Defiprime #29 - Recap of DeFi Space, Jan. 2020
New DeFi Products
Agaave
Agaave is a fork of popular Ethereum-based borrowing and lending protocol Aave but built on the xDai sidechain.0x V4 Protocol
DeFi exchange protocol rolled out its optimized V4 system, which actualizes benefits like gas efficiency and automatic upgradability.ZAI Protocol
ZAI Protocol is a new DeFi project that’s focused on improving the stability of, and the liquidity around, MakerDAO’s Dai stablecoin.Notional
New fixed-rate borrowing and lending protocol Notional launched out of its beta earlier this month.The Iron Bank
DeFi lending and exchange protocol C.R.E.A.M. unveiled the Iron Bank, a novel protocol-to-protocol lending and liquidity platform.Fei Protocol
Algorithmic stablecoins have been all the rage in DeFi lately, and one of the latest oncomers in this arena is Fei Protocol, which just launched a few weeks ago.Yearn V2 Vaults
Yield aggregator protocol Yearn started rolling out the first of its optimized V2 vaults, starting with USDC, DAI, and HEGIC vaults.Stake DAO
Multi-service DeFi suite Stake DAO just launched, and to bootstrap its early activity the project airdropped its $SDT token to DeFi users.
Aave is a sponsor of our monthly newsletter 🙏
Aave is an open-source and non-custodial liquidity protocol on Ethereum where users can earn interest on deposits and borrow assets, as well as swap their deposited assets to optimize yield. Aave also pioneered Flash Loans and Credit Delegation to unlock more liquidity in DeFi.
What’s new at Defiprime
Defiprime listed four new products this month, which were as follows:
Frax, a fractional algorithmic stablecoin project ✅
Indexed Finance, a new index pool protocol designed to replicate the performance of mainstream index funds ✅
Croco Finance, an analysis tool for DeFi liquidity providers (LPs) ✅
Boardroom, a streamlined interface for DeFi governance voting ✅
Interviews with DeFi projects
Ethereum Push Notification Service – Harsh Rajat explains how EPNS works and the business model the decentralized push notifications project is pursuing.
xSigma – Project CTO Alex Lebed breaks down the ins and outs of the xSigma stablecoin exchange.
Mirror Protocol – Terraform Labs CEO Do Kwon outlines how Mirror Protocol and the Terra blockchain work.
Cover Protocol – Project co-founder Alan explains how the DeFi insurance solution operates and sets itself apart from the competition.
Frax – Frax founder Sam Kazemian details how the Frax stablecoin relies on collateralization and algorithmic elements.
Opyn – Opyn co-founder and CTO Aparna outlines the project’s backstory and the current state of DeFi options.
Noteworthy Links
Sushiswap V2 Single Sided Exposure and Impermanent Loss Mitigation
January 2021 Guide to Tokenized Art Permanence and Provenance
Upcoming DeFi Events
MarketMake Hackathon - 15 Jan 2021 - Online
ETHDenver 2021 - 04 Feb 2021 - Online
DeFi is coming. Don't get left behind. Daily DeFi news at our Telegram announcement channel👇👇👇