Welcome to the 121st issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between November 21st and November 27th, 2022.
🔥 The DeFi Bulletin
- DFX Finance has discussed a potential debt token for exploit victims.
- Binance has released its Proof of Reserves system, per its commitment to transparency after the FTX collapse.
- ENS selected Karpatkey DAO to manage its endowment fund.
- The Wrapped Bitcoin DAO has removed FTX and nine others in a move to a new multisig.
- Yearn Finance recently discussed activating $veYFI on its governance forum.
- Quix is winding down its operations and going open source.
- BarnBridge DAO deployed a pool with a 50/50 distribution of $OHM and $BOND tokens.
- MakerDAO passed a vote to close Alameda-linked $renBTC as stablecoin collateral.
- XDAO, a multichain DAO builder, finished a token round possessing a $50M valuation.
- Across Protocol raised $10M in token sales, with the round co-led by Hack VC, Placeholder, and Blockchain Capital.
- Onomy, a Cosmos-based protocol, secured $10M in funding.
- t3rn, a Polkadot-based protocol, closed a $6.5M funding round.
💱 DEX Report
- The Gnosis chain is now available on Dex.Guru.
💎 NFT News
- ApeCoin DAO recently launched a community-driven NFT market.
Thanks for reading, and be sure to catch the 122nd issue of The Defiprime Post out this time next week! 👋♦️👋