Kinza Finance Partners with Mu Digital for Tokenized Yield Products
Kinza Finance Partners with Mu Digital for Tokenized Yield Products
🤝 East Meets West in DeFi
Kinza Finance announces a strategic partnership with Mu Digital to integrate $muBOND support on the Monad testnet. This collaboration aims to give stablecoin holders access to Asia's premier tokenized yield products.
The partnership builds on Kinza's recent expansion to Monad's EVM-compatible L1 blockchain, known for its efficiency and scalability.
- Integration focuses on $muBOND implementation
- Testing phase currently on Monad testnet
- Partnership targets Asian yield market access
This development marks a significant step in connecting global stablecoin users with Asian DeFi opportunities.
Puffer Finance Reaches $1B TVL in 16 Days After Launch
In a recent Real Yield Vision podcast episode, Jason from Puffer Finance discussed their innovative liquid staking solutions. Key highlights: - Puffer's validator ticket system enables ETH staking with just 12 ETH instead of 32 ETH - Their pre-confirmation AVS technology provides near-instant transaction confirmations on Ethereum rollups - $pufETH, their liquid staking token, allows users to maintain liquidity while earning staking rewards - Kinza Finance supports $pufETH on both BNB Chain and Ethereum for lending and borrowing Puffer Finance is evolving into a protocol launchpad to simplify new protocol launches with faster, cheaper transactions. [Listen to the full podcast](https://www.youtube.com/watch?v=sF54LfEqaUU)
Kinza Airdrop Points Season 2 Extended Until July 31st
Kinza Finance has announced an extension of their Airdrop Points Season 2 campaign. Users now have until July 31st, 2025 to participate and accumulate points. - Original deadline extended by three weeks - Campaign is part of Kinza's DeFi lending protocol initiatives - Further developments expected after campaign conclusion *Note: This extension provides additional opportunity for users to participate in the protocol's airdrop program.*
SEC Commissioner Atkins Discusses DeFi Future at Roundtable
SEC Commissioner Paul Atkins delivered remarks at a DeFi roundtable, highlighting key regulatory perspectives on decentralized finance. - Emphasized need for balanced approach to DeFi regulation - Acknowledged potential for innovation while addressing risk concerns - Discussed framework for determining securities classification in DeFi protocols The Commissioner's stance suggests a more nuanced regulatory approach compared to previous SEC positions. Industry participants noted this could signal a gradual shift toward clearer DeFi guidelines. *View full speech*: [SEC.gov Official Remarks](https://www.sec.gov/newsroom/speeches-statements/atkins-remarks-defi-roundtable-060925)
Matrixdock's XAUm Token Grows from $5M to $40M AUM in Six Months
Matrixdock's gold-backed token XAUm has seen significant growth, reaching $40M in assets under management within six months. Each XAUm token represents one troy ounce of 99.99% pure gold, stored in Singapore and Hong Kong vaults. Key features: - Fully backed by LBMA-accredited gold - Traceable and verifiable on-chain - Physical redemption available On Kinza Finance, users can: - Create leveraged long positions - Execute shorting strategies - Trade BTC-gold correlations The platform offers looped positions where a $100 USDT deposit can create a $300 XAUm position through borrowing.
Kinza Monad Testnet Paused for Mainnet Integration
Kinza Finance has temporarily paused their Monad testnet dApp as they prepare for integration with the upcoming Monad mainnet. Key updates: - Early adopters from the past 4 months will receive testnet MON tokens - Users will be awarded Kinza Airdrop Points - Previous distribution included 10 Airdrop Points to all users who engaged with the platform Check your airdrop status at [Kinza Finance Dashboard](https://app.kinza.finance/#/referral) *Further details about testnet MON distribution will be announced soon.*