BadgerDAO launches eBTC, the most decentralized form of BTC on Ethereum. Users can now deposit ETH, WETH, stETH or wstETH to borrow eBTC with zero fees, while earning profits from Lido Finance.
The Rollup-as-a-Service protocol, AltLayer, exposes staking for the ALT token. Staking is the first step in releasing MACH Alpha, a rapid final layer leveraging EigenLayer's technology. The layer will be designed to support Optimism and Arbitrum initially.
Real-world assets (RWA) platform, Ondo Finance, enables 24/7 redemption and subscription of OUSG, whose product invests in US Treasuries. Additionally, Ondo will also direct $95 million of OUSG's backing to BlackRock's latest BUIDL fund.
Cross-chain money market platform, Pike Finance, announced tokenomics for their governance token, P. In the same week, Pike conducted a presale where PIU token holders can burn PIU of them at a discounted price during pre-sale.
The re-liquid protocol, EtherFi, launches Points Season 2, which will last until June 30, where 5% of the ETHFI supply will be distributed to participants. Bettors will receive more points the longer they stake their ETH with EtherFi.
Lending protocol, Nominal Finance, launches V3 on the Ethereum mainnet, opening up deposits in USDC, USDT, ETH, and rETH. NOTE incentives are also available to users and can be maximized by using leveraged lending or lending strategies on Notional Finance.
Stablecoin protocol, Angle Protocol, reveals USDA, their USD-pegged stablecoin, works alongside EURA, their Euro-pegged stablecoin. USDA holders can also stake their tokens to obtain returns on real-world assets.
The ETH (LST) liquid staking token stablecoin protocol, PrismaFi, was hacked for $12 million in mkUSD and wstETH. Since then, the protocol has been paused by the team. Their two stablecoins, mkUSD and ULTRA are also reported to remain overcollateralized.
The Liquidity bootstrapping pool (LBP) platform, Fjord Foundry, announces their upcoming LBP token sale on April 13, as well as an airdrop for FJO tokens to Fjord V1 and V2 LBPs users.
Arbitrum (DEX)-based perpetual decentralized exchange, Hyperliquid, announces upcoming support for spot trading on the platform as well as an upcoming airdrop of PURR tokens to Hyperliquid point holders. 50% of the token supply will be reduced proportionally to the points held, with the remaining 50% used to provide liquidity.
Liquidity management solution, Maverick Protocol, announces upcoming Maverick V2 upgrade to their protocol, which will introduce higher gas efficiency, more flexibility for liquidity pools and token incentives The MAV message is oriented, to be controlled through their vote escrow token model.
StarkNet-native DEX, SithSwap, begins a token sale for their governance token, SITH. Users can contribute to the token sale using STRK tokens, with 15% of the total token supply up for grabs. The token sale will end on April 5.
The explosion-based NFT game, Munchables, was mined for $62.5 million, by a rogue developer on the team. Fortunately, the funds were transferred back to the protocol.