Must Read
Must Read
馃憖 Peek into the future
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- Dates mentioned: 2024-09-24 and 2024-10-03
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Must Read 馃憖馃憞
Exciting to see previously untapped unique functionality of @GearboxProtocol being explored. Let's dive into the Gearbox mechanics and see how efficient can bribes be there. TL;DR: one can save up to 50% on their interest paid while making stakers earn 26% APR.
French Web3 Podcast Features Mithras Labs Co-founder
A new French-language podcast by CryptoastMedia features an interview with the co-founder of Mithras Labs, known for developing Paladin Vote and Rings Protocol. This follows their previous engagement at Crypto Crunch Paris, where they collaborated with ThenaFi. - Interview focuses on Mithras Labs' developments - Podcast available in French - Continues their active participation in French web3 community For those interested in French web3 developments, this podcast offers insights into innovative protocols and governance solutions.
Protocol FX Launches New Quest with SDEX Voting Incentives
Protocol FX has launched a new Quest featuring voting incentives for the USDN-fxUSD gauge. SmarDex is offering SDEX rewards for participants who vote with their veFXN tokens. Key Details: - Gauge: USDN-fxUSD pairing - Reward Token: SDEX - Voting Requirement: veFXN tokens Participate in the Quest at [Paladin Vote](https://quest.paladin.vote/#/fxn/0xa295829c082C4d21fE37dbC8C96bFa0ef6dbaa92) This continues Protocol FX's history of gauge voting incentives, following previous successful Quests including the USD0/fxUSD gauge.
Sonic Expands Token Bridging Options with Stargate Finance Integration
**Sonic Labs** has expanded its cross-chain capabilities by enabling $PAL token bridging from Ethereum to Sonic through Stargate Finance, powered by LayerZero Core. This adds to Sonic's existing bridging infrastructure, which includes the **Sonic Gateway** - a decentralized bridge launched in October 2024 featuring: - 10-minute transfers from Ethereum to Sonic - 1-hour withdrawals back to Ethereum - Fail-safe recovery system with 14-day asset retrieval - No multi-signature wallet risks - Validator network security The integration provides users with more options for moving assets between chains while maintaining security standards.
Rings Protocol Achieves New TVL Milestone and Launches Rings Quest
Rings Protocol has reached a significant Total Value Locked (TVL) milestone while expanding its ecosystem offerings. The protocol's stable assets $scUSD and $scETH continue to show strong performance metrics. - New Rings Quest program launched to enhance user engagement - $veUSD system demonstrates improved efficiency in yield generation - Protocol maintains steady growth within Sonic Labs ecosystem The platform's focus on real yield generation and stable farming positions it as a key player in the DeFi landscape. Integration with Sonic Labs ecosystem provides additional opportunities for users seeking stable farming options.
Rings Quest Launches Weekly Voting Rounds with Incentives
Paladin's Rings Quest has officially launched with weekly voting rounds occurring every Thursday. The platform introduces voting incentives for participants. Key Details: - Voting rounds held weekly on Thursdays - Active voting round currently in progress - Earn rewards for participation - Platform accessible via [quest.paladin.vote](http://quest.paladin.vote) The system includes NFT reward distribution mechanisms, which will be refined through community governance.