Today in DeFi - OlympusDAO Reward Rate Reduction, Gemini MakerDAO Proposal, and More...
OlympusDAO Reward Rate Reduction
OlympusDAO passed the second vote for launching a new emission framework. The community voted to set a lower base rate (from 266% to 7.3%) for the OHM bond launch and Olympus V3.
DeFi Saver Aave V3 Automation on L2s
Today in DeFi is brought to you by DeFi Saver.
DeFi Saver now supports automation for Aave v3 on Optimism and Arbitrum, meaning you can:
- Long or short assets with automatic liquidation protection & leverage management.
- Automate even small positions with just $500 debt.
- Keep your positions safe from liquidation, now with 20x lower tx fees on L2s.
Check out the only automation option on Optimism at: DeFiSaver.com
Gemini MakerDAO Proposal
Gemini co-founder proposed to offer MakerDAO a 1.25% rate to incentivize the use of DAI and GUSD in Maker PSM (Dai-stablecoin exchange).
Alchemix Live on Optimism
Automatic lending protocol Alchemix is now live on Optimism with alUSD & alETH markets live on Velodrome.
Push Live on Polygon
Push protocol (previously EPNS) is now live on Polygon as the initial destination of their expansion plan.
HashverseDAO and HFT
DEX Hashflow DEX announces the launch of Hashverse, a gamified DAO that allows users to earn rewards by staking and completing quests. And the HFT token is set to launch on Nov. 7th.
Forex Trading On-chainโฆ and More
Thereโs more to todayโs letter, but itโs reserved for Premium subscribers.
Today in DeFi Premium includes early looks at promising projects, and proprietary research to help you get the most out of DeFi.
Subscribe today with Credit Card or Crypto (get discounts on quarterly or yearly subscriptions).
Followย @todayindefiย to keep up with the latest DeFi news on Twitter.
Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned.