Welcome to Weekly Roundup, where our team of experts selects buzzworthy pools, news, and announcements for you to have on your radar.
Fall leaves are dropping, but gas fees are not 😭.
Weekly Roundup readers know how to save by trading on Exponential. 😎
🌍 Invest is now available in 90 countries across every continent 🌍
Start earning yield in just a few clicks safely and easily on Exponential.
Start earning
Our featured pool this week is Lido MATIC Staking. This opportunity works well for investors who want long exposure to MATIC while remaining liquid. Your yield comes from helping validate blockchain transactions on Polygon by staking your funds.
Invest in Lido MATIC Staking
New kid on the blockchain. We review thousands of DeFi investments to find the most attractive pools for you.
- APR ~9%
- Exponential Risk Rating: C
- APR ~9%
- Exponential Risk Rating: C
- APR ~9%
- Exponential Risk Rating: C
- APR ~16%
- Exponential Risk Rating: C
Catch up on our latest episode on DeFi risk management
We hosted @MorphoLabs, @MonetSupply & @inkymaze to discuss the current state of DeFi risk management, what problems have emerged, and how it can be improved.
Check it out at our brand new podcast hub: degenresponsibly.com
Weekly DeFi alpha 🧠
- Circle announced native USDC support on 6 new chains launching in September/October: Optimism, Base, NEAR, Noble (Cosmos Appchain), Polkadot and Polygon POS
Major exploits 🚨
- Starkware upgraded its Starknet blockchain and all users that didn’t upgrade their wallet have lost all their funds, totaling $550,000. Starkware has restored access to those accounts in light of user complaints.
- Balancer disclosed a vulnerability last week in its v2 pools, and while >90% of funds could be saved, attackers have discovered the exact vulnerability and have stolen over $900k.
Other news 🌎
- Grayscale’s GBTC won an appeal against the SEC in their fight to turn the futures ETF into a Bitcoin spot ETF – rallying the market up to 5%
- A court fully dismissed an SEC complaint about Uniswap’s liability when actors use it unlawfully. A big win for permissionless protocols
Disclaimer: This material is the property of Exponential DeFi. This material is for informational purposes only and is not (i) an offer, or solicitation of an offer, to invest in, or to buy or sell any interests or shares, or to participate in any investment or trading strategy, (ii) intended to provide accounting, legal, or tax advice, or investment recommendations (iii). No representation or warranty is made, expressed or implied, with respect to the accuracy or completeness of the information or to the future performance of any digital asset, financial instrument, or other market or economic measure. The information is believed to be current as of the date indicated on the materials. Recipients should consult their advisors before making any investment decision. Certain links that may be provided in the materials are provided for convenience and do not imply Exponential’s endorsement or approval of any third-party websites or their content.