Earn Double-Digit Fixed APY and Protect Your PT-ezETH with Pendle Finance
Earn Double-Digit Fixed APY and Protect Your PT-ezETH with Pendle Finance
🔒 Double-Digit APY, DeFi Protection
Pendle Finance is offering ezETH holders the opportunity to earn a double-digit fixed annual percentage yield (APY) by depositing their ezETH in Pendle's Fixed Yield market. Additionally, users can protect their PT-ezETH (the tokenized representation of their deposited ezETH) against the biggest risks in DeFi by purchasing Pendle Protocol Cover. This cover can be acquired through the Nexus Mutual UI or OpenCover on Base, Arbitrum, or Optimism.
$ezETH holders who want to earn a double-digit fixed APY through @pendle_fi can also protect their PT-ezETH against the biggest risks in #DeFi 💪 1️⃣ Deposit $ezETH in Pendle's Fixed Yield market 2️⃣ Protect your PT-ezETH with Pendle Protocol Cover Learn more 👇
All eyes are (understandably) on the leverage power of YTs now, but thanks to this widespread demand, some great opportunities have opened up for PT-ezETH 👀 Both ezETH pools on Ethereum are now offering >50% Fixed Yield on $ETH.
Nexus Mutual Expands Coverage to New Morpho Vaults Across Multiple Networks
Nexus Mutual has updated its Blue Chip Morpho Vaults listing with new markets across multiple networks including Ethereum, Base, Unichain, World Chain, and Corn. Key additions include: - MEV Capital PTs Vault (Ethereum) - OpenEden USDC Vault (Base) - Xlend USDC Vault (Base) - Multiple USDC & WETH vaults on various chains Coverage protects against: - Smart contract hacks - Oracle failures/manipulation - Liquidation failure - Governance attacks Single market coverage quotes available at [nexusmutual.io/contact](https://nexusmutual.io/contact) View full vault listing in the updated [Annex](https://api.nexusmutual.io/ipfs/QmdLGjtKDELJTBjiHjpgKurPZgJn1qkC73m54rM3po3cdv)
DeFi Pulse Hosts Open Forum on Crypto Law and Legal Risks
DeFi Pulse is organizing an Open Forum focused on critical legal challenges in the crypto space. The session will cover: - Legal gray areas in DeFi protocols - Enforcement of smart contract code - Key court cases affecting the industry - Specific risks for yield aggregator platforms The forum brings together crypto lawyers, builders, and community members to discuss legal exposure and compliance strategies. [Join the discussion live](https://www.youtube.com/watch?v=BySsF3LwiQI).
OpenCover Enhances Base Pass DeFi Protection
OpenCover has updated their Base DeFi Pass, enhancing security for DeFi activities on Base network. Key features include: - Protection against hacks, smart contract bugs, and protocol failures - Coverage for 9 major protocols including Aerodrome, Beefy, Uniswap - Partnership with Nexus Mutual for comprehensive coverage Base creator Jesse Pollak endorsed the pass in CoinDesk, highlighting its role in building user confidence. The platform offers a free 30-day trial covering up to $10,000 in protection per user. Learn more: [Base DeFi Pass](https://opencover.com/basepass/)
Nexus Mutual DAO Offers $600,000 in Grants
The Nexus Mutual DAO has announced nearly $600,000 in available grants. This significant funding opportunity is open for applications, with details on the Request for Proposals (RFPs) and application process available on their website. Key points: - Almost $600,000 in grants available - Open RFPs for various projects - Application process detailed on NexusMutualDAO website **How to apply:** 1. Visit https://nexusmutualdao.io/grants-program 2. Review open RFPs 3. Submit your application *Interested in contributing? Check out the program and see if your ideas align with their current priorities!*
This Week in DeFi: Slow Start to Uptober
International tensions led to a bearish start for crypto this week, with ETH facing additional pressure from decreased L1 activity and fees. Key developments: - SWIFT to trial digital asset transactions with banks in 2025 - Synthetix community approves major governance change - EigenLayer token debuts with $7B valuation - FTX creditors approve reorganization plan - Solana DEX volumes surpass Ethereum again - Japan to review crypto financial regulations Despite the slow start, the DeFi ecosystem continues to evolve with significant governance changes, new token launches, and regulatory developments shaping the landscape.