Welcome to Weekly Roundup, where our team of experts selects buzzworthy pools, news, and announcements for you to have on your radar.
The weekend is almost here! We’ve got new pool ratings, protocols and asset reports, so you don’t miss a byte. 🤳
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Our featured pool this week is Yearn USD Market Making. This opportunity acts as a high-risk, savings account denominated in USD and works well for investors who want stablecoins pegged to USD. Risks include multiple smart contract dependencies and exposure to centralized fiat stablecoins. Your yield comes from earning protocol incentives and fees investors pay when trading between hyUSD and eUSD stablecoins on Ethereum. The yield can change depending on transaction volume and value.
Invest in Yearn USD Market Making
New kid on the blockchain. We review thousands of DeFi investments to find the most attractive pools for you.
- APR ~4%
- Exponential Risk Rating: B
- APR ~19%
- Exponential Risk Rating: B
- APR ~13%
- Exponential Risk Rating: B
- APR ~22%
- Exponential Risk Rating: D
New protocol reports
Keeping up with Protocols is tough – let us help. Our team finds the most interesting protocols that should be on your radar and breaks down what you need to know.
Stader (ETHx) - a non-custodial, multichain staking platform. ETHx is Stader's liquid staking solution for ETH on Ethereum.
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.
yETH - a community-governed index token consisting of various Ethereum liquid staking tokens.
ETHX - a liquid staking token that users receive when they stake their ETH through Stader.
Explore our Degen Responsibly podcast series
Interested in learning more about the latest developments and innovations in DeFi? Don’t miss our Degen Responsibly podcast. We have hosted insightful discussions with some of the top protocols in the space, including @MorphoLabs, @raft_fi, @AngleProtocol, @pendle_fi, @indexcoop, @Rocket_Pool, and more!
You can now find all our episodes, along with transcripts, on our brand new page: degenresponsibly.com
Weekly DeFi alpha 🧠
- Celestia announces its Genesis launch plans and unveils airdrop
- Curve founder further reduces outstanding debt with Aave loan fully settled
- Circle launches native Euro stablecoin, EUROC, on Stellar network
- Ethereum transactions are now handled by four block builders, raising centralization concerns amongst community members
Major exploits 🚨
- Mixin Network suffers a $200M hack after a third-party cloud service provider was breached
- Tether closes USDT redemptions for Singapore customer, Cake DeFi
Other news 🌎
- Immunefi launches smart contract bug bounty vaults to improve cooperation between devs and security researchers
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.