DeFi

Enhanced Trading Options on SushiSwap with Orbs' dLIMIT and DCA Protocols

Wednesday. August 21 at 5:00 AM

1 min. read

Orbs, the layer 3 blockchain, has integrated its dLIMIT and DCA protocols into SushiSwap, a prominent multi-chain DEX. These protocols offer advanced order types, allowing users to spread out orders over time to minimize risk. dLIMIT enables decentralized limit orders on-chain, where users can set specific buy or sell prices. Users can also set expiry dates and choose options like +1%, +5%, or +10% above their target price. Sushi users can easily track their orders through a user-friendly interface and order history tab. The integration of DCA by Orbs allows users to execute time-weighted average price orders by specifying trade frequency and quantity. This integration enhances SushiSwap's trading capabilities, empowering users to customize swaps and implement dollar cost averaging strategies. The adoption of these technologies by EVM DEXs like PancakeSwap and QuickSwap highlights Orbs' leadership in DeFi innovation and its advanced layer 3 technology.

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Solana DeFi Exchange Jupiter Launches Rewards Checker Ahead of $575 Million Airdrop

Thursday. January 16 at 10:00 AM

Jupiter, a decentralized exchange aggregator on Solana, has introduced an airdrop checker for users to check their eligibility for the upcoming 'Jupuary' airdrop. The event aims to expand the Jupiter ecosystem by distributing 700 million JUP tokens, valued at over $575 million. The tokens will be distributed among three groups: 'users' who benefit from Jupiter products, stakers of the Jupiter token, and growth initiatives. Around 2 million wallets are expected to qualify for the airdrop, with a focus on engaging active community members. While not all wallets will receive tokens, those who do will likely contribute to the platform's decentralized governance. The JUP token claim process is set to commence soon, following the success of previous airdrop events in 2024 and plans for another in 2026. Jupiter continues to drive community engagement and growth in the DeFi space.

DeFi

Enhancing Staker Incentives in DeFi with Token Buybacks

Wednesday. January 15 at 8:00 PM

Maple Finance is contemplating using protocol revenues to repurchase SYRUP tokens and reward stakers, as per a Jan. 13 governance proposal. The proposal suggests allocating 20% of Maple's protocol revenues for monthly buybacks to incentivize stakers. Voting for the proposal begins on Jan. 20. The buybacks will be funded through decentralized exchanges and OTC trading desks. Maple, generating approximately $5 million in annual revenues from its onchain lending service, aims to reward committed SYRUP stakers for the long-term growth of the ecosystem. These buybacks will complement existing staker incentives from inflationary SYRUP emissions. The remaining 80% of annual emissions will be retained in the protocol's treasury. Other DeFi protocols like Aave, Ethena, and Ether.fi are also exploring mechanisms to share protocol revenues with tokenholders, driven by a more favorable regulatory environment for DeFi projects post the US election.

DeFi

Enhancing DeFi Accessibility Through Uniswap and Ledger Integration

Wednesday. January 15 at 9:00 AM

Uniswap Labs, the creators of the DeFi protocol Uniswap, have partnered with Ledger, a crypto hardware wallet provider, to integrate Uniswap's Trading API with Ledger Live. This integration allows users to swap tokens directly within Ledger Live while maintaining control of their assets through their Ledger hardware wallet. The goal is to simplify the self-custody user experience and unlock value through universal exchange. The integration features a clear signing feature supported by the Uniswap API on Ledger Live, ensuring secure authorization of transactions. By eliminating the need for hot wallets and intermediaries, users can swap on Uniswap directly from Ledger to the DApp. Initially focusing on the Ethereum network, the integration enables token swapping, such as exchanging Ether for stablecoins, directly from self-custody. This partnership aims to provide secure platforms for digital asset management and move DeFi users closer to universal exchange while maintaining self-custody.

DeFi

Integration of Digital Banking Data into DeFi by Pyth and Revolut

Thursday. January 9 at 5:00 AM

Pyth, a decentralized data infrastructure provider, has partnered with fintech banking company Revolut to integrate digital banking data into decentralized finance (DeFi). Revolut will share its digital asset price data on Pyth Price Feeds, allowing DeFi developers to use asset quote and trade data. In exchange, Revolut will provide its proprietary digital asset price data to support Pyth's decentralized applications. This collaboration signifies the blurring lines between traditional finance and Web3, according to Mike Cahill, CEO of Douro Labs and a core contributor to Pyth. The integration showcases the increasing connection between traditional finance and DeFi, laying the groundwork for a global financial market. Through this partnership, DeFi developers gain access to over 500 real-time feeds covering various assets. Revolut's expansion of its crypto offerings, including the Revolut X platform, across the European Economic Area, is seen as a natural progression.

DeFi