defiprime
@defiprime
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All things DeFi - trustless and transparent financial products built on top of the blockchain.
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defiprime
16.6K subscribers
defiprime
https://www.theblock.co/post/299709/metamask-pooled-staking-ethereum
The Block
MetaMask launches pooled staking for Ethereum, excluding US and UK users
MetaMask has rolled out a pooled staking service, enabling ether holders to stake any amount with validators operated by Consensys.
1.2K views
defiprime
https://www.theblock.co/post/299467/paradigm-backed-symbiotic-unveils-restaking-protocol
The Block
Paradigm-backed Symbiotic unveils restaking protocol
Restaking project Symbiotic launched yesterday and announced a $5.8 million funding round from Paradigm and cyber.Fund.
1.15K views
defiprime
https://www.theblock.co/post/299624/trump-advocate-for-bitcoin-miners
The Block
Trump says he will advocate for bitcoin miners in White House: report
Trump’s crypto embrace earned him support from a number of leaders in the industry, including Gemini founders Cameron and Tyler Winklevoss.
1.76K views
defiprime
https://www.theblock.co/post/299587/irys-raises-8-9-million-in-lemniscap-led-funding-round
The Block
Irys raises a total of $8.9 million in Lemniscap-led funding round
Irys develops scalable on-chain storage, with infrastructure to help trace and verify digital information. 
1.69K views
defiprime
https://www.theblock.co/post/299755/layer3-funding-token-launch-airdrop
The Block
Layer3 raises $15 million Series A ahead of token launch and airdrop
Layer3, a token distribution protocol, has raised $15 million in a Series A funding round ahead of its token launch and airdrop.
1.69K views
defiprime
https://cyber.fund/content/symbiotic
cyber.fund
cyber•Fund | Symbiotic: permissionless restaking for crypto
Symbiotic helps networks build faster and more securely by providing permissionless restaking.
1.62K views
defiprime
https://www.theblock.co/post/299829/paxos-layoffs-cuts-workforce
The Block
Paxos cuts 20% of workforce despite having more than $500 million on balance sheet
Paxos has cut about 20% of its workforce, or 65 people, according to a copy of an internal email obtained by The Block.
2.25K views
defiprime
defiprime
🔴️️️️️️ Restaking Farming: Earn Staking Rewards + Restaking Rewards + Eigenlayer Points + LRT Points + Karak XP Karak is the universal restaking layer powered by the entire cryptoeconomy across every asset and every chain. Karak recently raised $48M Series…
🔴 Restaking Farming with Karak

Karak has been progressing nicely since our first post!

There are a few new interesting farming opportunities here:
- Deposit Ethena USDe for 1.5x Karak Multiplier and 20x Sats 🔥
- Deposit sFRAX for 1.5x Karak Multiplier and 10M Frax points 🔥
- Also Pendle rswETH, eETH, rsETH
- wBTC 👀


Join here

Early access codes:

HdBUN
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cJQun
vnjXF
i4g3Q

TVL at the time of writing: ~$985M
app.karak.network
Karak | Restaking
Restaking for everyone
1.35K views
defiprime
https://www.theblock.co/post/299886/terraform-labs-dissolve-ceo-community-settlement
The Block
Terraform Labs to dissolve, CEO asks community to take over following $4.47 billion SEC settlement
Chris Amani, CEO of Terraform Labs, said the firm plans to dissolve its operations and urged the community to take over the Terra network.
1.57K views
defiprime
https://www.theblock.co/post/299864/curve-founder-loan-positions-liquidation-risk
The Block
Curve Finance founder gets liquidated amid sharp drop in CRV token price
The price of Curve DAO fell nearly 25% in the past 24 hours, which put Curve founder Michael Egorov's loans at risk of liquidation.
1.64K views
defiprime
https://www.theblock.co/post/299901/uwu-lend-second-hack-this-week
The Block
UwU Lend drained for $3.7 million in second exploit this week
UwU Lend was previously hacked for about $20 million on June 10, after which UwU stated that the vulnerability had been fixed.
1.63K views
defiprime
https://www.theblock.co/post/299845/near-foundations-new-independent-entity-nuffle-labs-raises-13-million-in-funding?utm_source=telegram1&utm_medium=social
The Block
NEAR Foundation's new independent entity Nuffle Labs raises $13 million in funding
Nuffle Labs builds out NEAR's Data Availability Layer, the NEAR Fast Finality Layer and other products in the NEAR modular product suite.
1.83K views
defiprime
https://www.theblock.co/post/300111/zapper-plans-utility-token-for-new-protocol-focused-on-on-chain-data?utm_source=rss&utm_medium=rss
The Block
Zapper plans utility token for new protocol focused on on-chain data
Zapper has planned the launch of the ZAP token in Q4, which will incentivize user participation in the protocol.
1.79K views
defiprime
https://www.coindesk.com/tech/2024/06/14/defi-heavyweight-curve-focused-on-becoming-safest-lending-platform-founder-says/
2.03K views
defiprime
https://www.theblock.co/post/300343/former-house-speaker-paul-ryan-calls-on-u-s-to-fight-china-with-stablecoins
The Block
Former House Speaker Paul Ryan calls on U.S. to fight China with stablecoins
As Donald Trump and Joe Biden stake out positions on crypto, the former House Speaker says stablecoins can help alleviate the U.S. debt load.
1.83K views
defiprime
https://www.theblock.co/post/300465/memecoin-leverage-trading-protocol-wasabi-funding
The Block
Memecoin leverage trading protocol Wasabi raises $3 million led by Electric Capital
Wasabi, a memecoin and NFT leverage trading protocol, has raised $3 million in a seed funding round led by Electric Capital.
1.82K views
defiprime
https://mirror.xyz/0xF99d0E4E3435cc9C9868D1C6274DfaB3e2721341/2U7m0_wfns4lotPJZV7nCkpB908sUmqqhrR3sWdtknw?s=35
mirror.xyz
Update to $ENA Tokenomics
Today marks an important step forward in more closely aligning the growth and use of USDe with $ENA. Ethena will begin to gradually introduce more functional utility for $ENA within the Ethena ecosystem, starting with the launch of a generalized staking capability…
👍2❤1
2.06K views
defiprime
https://gov.prismafinance.com/t/prfc-prisma-finance-moebius-finance-acquistion/208
👍1
2.13K views
defiprime
https://blockworks.co/news/defi-future-nirvana-hack-risk
Blockworks
DeFi is the future (and a hack can’t convince me otherwise)
Opinion: Despite the hardships that my first project was subjected to, I’m choosing to stay in this industry and try to make an impact.
2.05K views
defiprime
https://www.theblock.co/post/300737/ethereum-etf-issuers-working-to-address-reasonable-comments-from-sec-by-friday-sources
The Block
Ethereum ETF issuers working to address 'reasonable' comments from SEC by Friday: Sources
Spot Ethereum ETF issuers are still going through a slow process regarding the S-1 forms before they see final approval.
2.07K views