Category: DeFi Digest
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Lido GG Vault launches for DeFi yields with 3.8% APY on Ethereum and Solana staking.
Lido launched GG Vault for DeFi yields, offering stETH and wstETH support with 3.8% APY, simplifying access for Ethereum and Solana users.
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Ondo Finance launches tokenized US stocks on Ethereum with Tesla and Apple in 2023
Ondo Finance launched tokenized US stocks on Ethereum, including Tesla TSLA and Apple AAPL, with $10 million in initial trading volume.
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Yield products like JEPI underperform in 2023 with 15% average return decline amid Fed rate hikes
In 2023, yield products like JEPI and QYLD underperformed, with average returns dropping 15% amid rising interest rates and inflation pressures.
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Trust Wallet and Ondo launch tokenized stocks and ETFs for 50+ traditional assets in 2024
Trust Wallet partners with Ondo to offer tokenized stocks and ETFs, including Tesla and SPY, providing access to over 50 traditional assets via blockchain.
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Venus Protocol recovers $27 million from exploiter via force-liquidation, restores services.
Venus Protocol recovered $27 million from an exploiter via force-liquidation, restoring services for users and assets like BNB and XVS tokens.
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Arbitrum launches $40 million DeFi incentive program Season One for Uniswap and GMX protocols
Arbitrum launches Season One with $40 million in incentives for DeFi protocols like Uniswap and GMX to boost liquidity and user engagement.
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DeFi lending rises 72% in Q2 2024 on institutional RWA collateral adoption
DeFi lending surged 72% in Q2 2024, driven by institutional inflows and RWA collateral adoption, with Aave and Compound leading the expansion.
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Venus Protocol recovers $27 million in stolen funds and restores services after exploit
Venus Protocol restored services and recovered $27 million in stolen funds after a major exploit involving BNB and XVS tokens on BNB Chain.
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Secret Network, Oasis Network, and Aleo establish DeFi privacy infrastructure with zero-knowledge proofs in 2023.
Secret Network, Oasis Network, and Aleo integrate zero-knowledge proofs, processing over 1 million transactions monthly to enhance DeFi privacy infrastructure.
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ETHZilla commits $100 million to Ether.fi, expanding Ethereum restaking via EigenLayer in 2024
ETHZilla allocated $100 million to Ether.fi, boosting Ethereum restaking. This trend involves EigenLayer and increases staking yields by 15% annually.
