To the DeFi community,
This week, Eth L2 Starknet launched its public beta and announced an integration with the Opera web browser and DiversiFi, allowing users to trade digital assets on L2 directly from their browser. In addition to the substantial savings on gas costs, the partnership will seek to bring additional DeFi functionality to the user-friendly DeFi access point, including support for providing liquidity and earning yield on assets.
Exciting times for StarkEx! 🥳
Millions of users will be provided with affordable low-gas-cost transactions, and with Ethereum’s level of security.
How?@opera is integrating with @deversiFi’s exchange, powered by #StarkEx 🚀 https://t.co/XCHSjPNyan— StarkWare (@StarkWareLtd) February 23, 2022
Yearn Finance added support for the Arbitrum L2, bringing gas savings and improved transaction throughput, while also allowing users to withdraw from Arbitrum using Binance or FTX.
Drumrollup please… 🥁
Yearn has launched on Arbitrum.
Just four months ago, Yearn added support for its second blockchain: Fantom.
Today, Yearn adds its first Ethereum L2: @Arbitrum.
— yearn.finance (@iearnfinance) February 23, 2022
Solana-based Zebec Pay raised $15 million from a group of investors including Alameda Research, Coinbase, and Circle. The platform enables real-time settlement for payroll and other payments use cases using USDC and other stablecoins, providing documentation and support to make such on-chain operations easier for businesses to account for in their existing frameworks and for tax and compliance purposes. Funds will go towards additional partnerships with crypto projects and additional value-added services for business customers.
🔥 FUNDRAISING ANNOUNCEMENT 🔥
👉Zebec raises $15M from top investors in private round!!! 🏁 https://t.co/rT4Dlz6R43— Zebec Protocol ⛵ (@Zebec_HQ) February 22, 2022
And CeFi lending platform Celsius is getting in on the DeFi action with a $30 million allocation into Maple Finance. Maple uses a hybrid model where users can contribute to pools of capital designated for particular types of investments, while delegated analysts assess risk and help direct undercollateralized loans to promising projects.
@CelsiusNetwork join Maple as the first CeFi institution to launch a crypto-lending business on Maple’s DeFi rails🔥🥞
Joining as a Pool Delegate, the Celsius team will route capital to fast-growing crypto institutions from an initial pool of $30M in wETHhttps://t.co/3kyLxKcEkX
— Maple Finance (@maplefinance) February 24, 2022
Maple and Celsius teaming up is one of a handful of early examples of the crossover between centralized and decentralized finance, offering an early glimpse of what the evolution of finance based on blockchain infrastructure could look like. Centralized lending services are always looking for the best possible source of yield for their customers, and Maple has developed a…
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