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🚀 DeFi News and Catalysts for September 7, 2023 🚀

Frax Finance is discussing the release of $sFRAX. It'll allow users to deposit FRAX and earn interest (in FRAX) on their holdings.

Uniswap v4 will be live after the Duncan upgrade of Ethereum. Permissionless innovation of DEX pools is the most important upgrade in v4.

Gearbox protocol allows users to add leverage to their Curve and Convex positions. Now you can earn over 100% APY on a few of these pools.

Raft announced the launch of their V2. It introduces two new features: R Savings Rate & Peg Stability Module.

Aave decided to deploy v3 pools on the Gnosis chain. It will have many synergies with GnosisPay and GnosisCard.

Arbitrum DAO is discussing a one-time, community-created program to distribute up to 75 million $ARB. Bullish for Arbitrum protocols.

Celdra, a rollup-as-service firm, introduced the first three dedicated Arbitrum Orbit Chains. Like OP Chains, we might see a lot of Arbitrum L3s coming.

Stargate DAO is discussing its deployment on Mantle & ​Zora. It'll introduce new users to Stargate and expand the dApps on those chains.

Akash Network adds Nvidia GPUs to its decentralized marketplace for computing. It's part of the mainnet 6 upgrade.

Polygon zkEVM scheduled their first major upgrade, the Dragon fruit upgrade, for September 11th.

KTX Finance will deploy on Mantle soon, you can get around ~130% APR, with ~30% paid in BNB. (They use the GLP model).
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Arbitrum released a testnet for Arbitrum Stylus. Devs will be able to write smart contracts in languages such as C++ while retaining the benefits of the EVM. ecosystem.

Krafton, the company behind PUBG, is launching its own Cosmos chain. PUBG has around 294 monthly active players.

Stake, a crypto casino, appears to be hacked. They've lost around 41 million dollars. In 2022, they'd made around $2.6 billion in revenue.

MetaMask added another feature to its wallet: Sell. The users will now be able to cash out their crypto for fiat currency quickly.

Coinbase has created a new crypto lending service in the U.S. for institutional clients. This will fill the void left by now-bankrupt firms like Gensis & BlockFi.

London Exchange Group plans to offer a Blockchain-powered market for Traditional Assets. If successful, this will be the biggest catalyst for the RWA narrative.

That's it for this week! 

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Inovasi dan pertumbuhan DeFi emang makin cepat ya teman Pintu 🤩

Ini beberapa project DeFi yang wajib banget kamu ketahui di bulan september, yuk cek thread dari @thedefiedge 🚀🚀

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Inovasi dan pertumbuhan DeFi emang makin cepat ya teman Pintu.