Lido's Gearbox Instance Hits $25M TVL After Launch
Lido's Gearbox Instance Hits $25M TVL After Launch
🔧 Lido's Secret Leverage Weapon
Gearbox Protocol has launched a dedicated instance for Lido, reaching $25M in TVL shortly after launch. The integration creates a new wstETH credit market powered by Mellow Protocol vaults.
Key features:
- Up to 20x leverage for borrowers using Mellow markets
- Lenders can provide wstETH without impermanent loss or lockups
- Annual rewards available on DVstETH (14x) and rstETH (20x)
The partnership showcases Gearbox's institutional-grade features:
- Customizable rates
- Deep liquidity
- Security-tested infrastructure
- No liquidity fragmentation
Moody's Pilots Automated Credit Scoring on Solana
Moody's Ratings has launched a pilot program for real-time, automated credit scoring on the Solana blockchain, marking a significant shift from traditional quarterly manual assessments. Key changes: - Moving from manual to smart contract-based assessments - Real-time updates replace quarterly reviews - Transparent infrastructure instead of traditional middlemen This development follows growing momentum in tokenized private credit, which promises: - Shorter margin cycles - Lower collateral requirements - Reduced capital costs - Increased liquidity The transition awaits regulatory clarity on legal enforceability of smart contracts in relation to off-chain assets.
Octav Launches Portfolio Management Platform for DAOs and DeFi Funds
Octav has introduced a comprehensive DeFi portfolio management solution targeting DAOs, funds, and on-chain treasuries. The platform offers: - Real-time wallet position reporting - Protocol-level tracking of staked assets and yields - Percentage allocations across tokens, networks, and protocols - Automated financial reporting for DeFi operations The tool aims to streamline portfolio management for crypto-native teams, shifting focus from data collection to strategic capital deployment. Learn more at [Octav.fi](http://octav.fi)
Sea Salt & Smart Contracts Kickstarts EthCC 8 in Cannes
A beachside gathering marked the beginning of EthCC 8 in Cannes, drawing over 300 Web3 builders and enthusiasts. The event, co-hosted by Octav alongside Mellow Protocol, RedStone DeFi, Symbiotic Finance, and Gearbox Protocol, featured: - Sunset networking on Cannes beach - Extended queues demonstrating high attendance - Casual cocktail discussions about blockchain innovation The momentum continued through EthCC 8 and into ETHGlobal Cannes, maintaining focus on DAO operations and on-chain portfolio management. Partners including Arkham, Portofino Tech, and Tron DAO contributed to subsequent networking events.
Overnight Finance Introduces Batch Transaction Editing
Overnight Finance has launched a new feature enabling users to edit multiple transactions simultaneously, marking a significant improvement in transaction management efficiency. - Users can now select multiple transactions at once - Single-click transformation of transaction attributes - Supports bulk changes to transaction types and protocols - Streamlines reconciliation process This update builds on previous improvements to their transaction handling system, including the Zapin feature that allows consolidating multiple transactions into one.