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Recap of DeFi Space, May 2021

Defiprime Newsletter
Defiprime Newsletter
New DeFi Products
  • Pontoon FinancePontoon Finance is a cross-chain liquidity mirror protocol that offers users one-click liquidity mirroring across many chains, including ETH, BSC, POLYGON, and more, enabling liquidity mirrors to unlock underutilised assets without need for intermediaries.
  • Opium Bridge ProtectionOpium Bridge Protection is a decentralized insurance for a variety of side-chain bridges, and aims to give you a high APR for the same risk.
  • IDEX Hybrid LiquidityIDEX Hybrid Liquidity is a combination of the best features of both orderbook and AMM DEXs, and pushes the boundaries of what’s possible by fusing pools with a high performance trading engine and also traditional orderbook. \
  • oSushioSushi is a tokenomic proposal for SushiSwap, that is mainly proposed to allow the user to lock SUSHI for 1-4 months to receive oSushi, control emissions across ecosystem products in the future, allows you to vote on Onsen allocations, and more.
  • Malt StablecoinMalt is an algorithmic stablecoin that aims to achieve a capital-efficient token that can be pegged to any value, for example, $1.
  • Binance NFTBinance NFT is, according to Binance themselves, a groundbreaking NFT Marketplace that is launching in June of 2021, and attempts to become the premier destination for NFTs and digital collectibles across all mediums.
  • MiningDAOMiningDAO is a protocol with goals of making block production on the Ethereum chain transparent, trustless, and more decentralized.
  • $DESK$DESK is CoinDesk’s new token rewards program, and allows CoinDesk conference attendees to earn $DESK beta reward tokens and redeem them for items and experiences.
  • $GTC$GTC is Gitcoin’s new governance token, and is completed by two crucial components that allow it to be decentralized and build an equitable protocol.
  • JPGJPG (no, not the image format) is a registry-based media curation protocol that brings together collectors, curators, and artists so that artists can find collectors.
  • DivergenceDivergence is a decentralized platform for volatility-based derivatives, and offers traders the chance to gain volatility exposure to decentralized assets.
Aave is a sponsor of our monthly newsletter 🙏
Aave is an open-source and non-custodial protocol for money market creation on Ethereum. Originally launched with the Aave Market, it now supports a Uniswap Market and enables users and developers to earn interest and leverage their assets. Aave also pioneered Flash Loans, the first uncollateralized loan option in DeFi, and an innovative building block for developers.
What’s new at Defiprime
Defiprime listed a handful of new products this month. They include:
  • Revert Finance, which provides actionable analytics for DeFi liquidity providers✅
  • QuickSwap, a permissionless decentralized exchange, based on Polygon Layer 2 scalability infrastructure✅
Interviews with DeFi projects
Noteworthy Links
💸 Venture Financing
Upcoming DeFi Events
DeFi is coming. Don’t get left behind. Daily DeFi news at our Telegram announcement channel👇👇👇
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