Puffer Finance Reaches $1B TVL in 16 Days After Launch

**Kinza Finance** has launched **Protected Collateral**, a new lending feature that offers maximum security for DeFi users. **Key Features:** - Deposits are protected in **private pools**, unavailable to other borrowers - Assets can still be used as **collateral for loans** - No interest earned since funds aren't lent to others - Available across **BNB Chain, Mantle, and Ethereum** **How It Works:** When depositing on Kinza Finance, users can choose between: - **Default Lending** - Higher yields, funds available to borrowers - **Protected Collateral** - Maximum security, isolated deposits **Benefits:** - Highest level of **risk management** - Flexibility to match different **risk tolerances** - Maintains ability to **lend and borrow** - Currently available for **USDT** This feature targets users seeking absolute security while participating in DeFi lending protocols. **Try Protected Collateral:** [app.kinza.finance](http://app.kinza.finance)

**Kinza Finance remains unaffected** by the recent npm hack that impacted other DeFi protocols. The lending platform's **BTC staking and lending services** continue operating normally with no disruptions. **Security measures in place:** - Zero incident record since launch - 4-hour timelock on smart contract upgrades - Multiple security audits and partnerships This follows Kinza's previous response to the Radiant hack, where they emphasized their commitment to **proactive security measures** and protocol safety. The platform continues prioritizing security and sustainability in the DeFi space.

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 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)