Welcome to Weekly Roundup, where our team of experts selects buzzworthy pools, news, and announcements for you to have on your radar.
The best of the best. These pools have no major red flags, offer a competitive yield, and are at the top of the class – earning an A or B risk rating. Here are our picks for this week:
New pools on the block. We review thousands of DeFi investments to find the most attractive pools for you. This week, we’re excited to add the first three pools from PancakeSwap on Ethereum, Clipper and 20 others.
Don’t degen too close to the sun. These pools have major red flags at either the chain, protocol, or asset level and have a high likelihood of being exploited or failing.
New protocol reports
Protocols can be a pain to keep up with – let us help. Our team finds the most interesting protocols and breaks down what you need to know and why they need to be on your radar. This week, we’ve reviewed:
New asset reports
We help you stay up-to-date with new and popular assets (as well as some hidden gems) so you can invest more wisely. Here’s what we’re covering this week:
- YFI (Yearn)
- JPMorgan Chase, the largest U.S. bank, has officially entered the DeFi chat. They executed their first on-chain trade using Aave Arc (a permissioned version of Aave for institutional investors) on the Polygon blockchain. JPM issued 100,000 tokenized Singapore dollars and exchanged them for tokenized Japanese yen.
- Polygon secured the bag, locking in a deal with Instagram to support NFT creators on the platform. Soon Instagram creators will be able to design and launch NFTs.
- DeFi 2.0 continues to innovate with Chicken Bonds, a novel product from Liquity that offers users an enhanced yield over a period of time in exchange for ‘bonding’ their LUSD stablecoin. In other words, bonding is a way for a protocol to accumulate its own liquidity. For Liquity, it hopes to deepen liquidity for its LUSD stablecoin which is critical for maintaining its peg to USD.
Join us on November 15th for our second Degen Responsibly episode with @MorphoLabs on Twitter Spaces.
Oscar is hosting and will cover:
- How Morpho works
- What makes them unique
- Related risks
Listen to our prior episodes on Spotify
Coming soon – trading on Exponential
Accredited investors will soon be able to invest in DeFi liquidity pools across major chains directly on our custodial platform.