Davos Protocol

Davos Protocol is expanding into the LRTFi sector and introducing a CDP solution that enables the collateralization of reward-bearing tokens. By integrating LRTs, investors can unlock a threefold yield advantage, gain exposure to the DGT token, and unlock DUSD for various DeFi activities. Davos Protocol aims to be the first stablecoin platform to venture into LRTFi and plans to introduce the DGT token as a TVL boost for integrated protocols.

The Davos Protocol community has announced a new sDAI/DUSD pool on Balancer, paired with a farm on Aura Finance. This pool offers boosted yields, thanks to MakerDAO's innovative DAI savings rate (sDAI). Investors can now make their investments work harder.

The frontend of Velodrome has been compromised, but this incident has not affected Davos Protocol's pools, contracts, or users' funds. Users are advised to avoid all links to the Velodrome website except for a confirmed safe mirror link. Velodrome team is working on fixing the issue.

Davos Protocol is taking important security measures to protect its users in light of recent vulnerabilities in the DeFi space. These measures include a $500,000 bug bounty on Immunefi, completion of 4 audits by top firms, and an ongoing 5th audit. The goal is to ensure the safety of funds and provide users with confidence in their investments.

Davos Protocol has integrated vUSDT and vUSDC and will be co-hosting an AMA with Venus Protocol on November 23rd to address inquiries from their citizens. Participants can ask questions in the comments of the tweet to be answered live.

Davos Protocol has introduced two new features on its Earn page. The first feature is a filter that enables users to browse through various assets, types of pools, and networks. The second feature is a sorting tool that allows users to easily view pools with the highest Total Value Locked (TVL) or yields. Users can now start seamlessly exploring DeFi opportunities with these new additions.

DeBank has become the latest hotspot for DeFi users, offering exciting yield farming opportunities. Keep your DMs unlocked for exclusive details.

Davos Protocol has announced the integration of Venus Protocol's vUSDC and vUSDT pools in an effort to strengthen the price stability of DUSD. This development also offers a new DeFi opportunity on the BNB Chain for yield farmers.

The Davos Protocol community provides an update about the recent Galxe incident, which affects the Noble Role access. Galxe website experienced issues and went offline, but has now been fully recovered with enhanced security measures. Users are advised to switch to Google's public DNS, clear browser cache, and double-check the site to ensure they are on the genuine platform. A manual workaround is available for accessing the Noble role on Discord. The Davos Protocol team apologizes for any inconvenience and prioritizes the security and satisfaction of the community.