Lido launches institutional-grade liquid staking solution crypto.news 02 August 2024 15:39, UTC Decentralized finance protocol Lido has unveiled a new staking product aimed at institutional investors. On Aug. 2, Lido (LDO), announced the introduction of Lido Institutional, a liquid staking solution specifically designed to cater to the needs of custodians, asset managers, exchanges, and…
Decentralized exchange GMX lists two revenue-generating assets on Arbitrum (ARB) invezz.com 03 August 2024 21:06, UTC GMX decentralized exchange has listed two revenue-generating assets on the Arbitrum network. The two – Lido’s wrapped staked Ether (wstETH) and Ethena Labs’ synthetic dollar (USDe)- will support an ETH/USD perpetual futures marketplace on GMX version 2. GMX…
SushiSwap Accomplishes Chain Subscription Payment on SKALE Network blockchainreporter.net 04 August 2024 01:11, UTC SushiSwap, a prominent decentralized exchange, has announced the completion of Chain Subscription Payment on the SKALE Network. The effective accomplishment of the respective initiative by SushiSwap enables the company to keep operating on the Europa Liquidity Hub of the Skale…
Orbs Reveals Blueprint for Bringing CeFi Trading Standards to DeFi financemagnates.com 08 August 2024 13:18, UTC Layer 3 blockchain project Orbs has unveiled its blueprint for enhancing DeFi trading by adding additional capabilities to decentralized platforms. Its solution brings CeFi-level execution to DeFi platforms, delivering a superior onchain trading experience. Orbs’ decentralized L3 infrastructure…
Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield coindesk.com 08 August 2024 14:01, UTC Decentralized finance (DeFi) protocol Gyroscope said Thursday it roll out a new yield-generating version of its stablecoin. “Savings GYD,” or sGYD, will aim to pay out 12%-15% annualized yield to token holders, variable to market conditions,” the…
Aave DAO and Trident launch $100M onchain fixed-yield loan cointelegraph.com 08 August 2024 13:00, UTC cointelegraph.com
What is Ethena Labs’ USDe Stablecoin? bsc.news 08 August 2024 14:08, UTC Ethena Labs introduced USDe, a synthetic dollar designed to offer a scalable and crypto-native solution for stable value storage and transactions. Let’s find out more on the stablecoin and how it works. Understanding USDe: The Basics USDe is a synthetic stablecoin backed…
