Connext's L2 Swaps Live, AAVE, Synthetix, and Andre Cronje - Decentralise #84

Plus Billionaire Mark Cuban talks Aave

Connext Network’s Vector on Mainnet

Connext @ConnextNetwork

🚨 Vector is on mainnet! 🚨 🤯 This means seamless communication to, from, and between L2 systems *works today*. 👋 Say hello to the the beginning of a multichain Ethereum ecosystem! medium.com/connext/vector…

medium.comVector 0.1.0 Mainnet ReleaseAfter months of hard work, we’re incredibly excited to announce the 0.1.0 mainnet release of Vector! 🎉 This marks the start of the multi-chain Ethereum ecosystem, where users can seamlessly interact…

The 0.1.0 mainnet release of Vector marks the beginning of a seamless multi-chain Ethereum ecosystem.

Using state channels liquidity providers (routers) allow swaps across chains, L2s, and shards. This happens instantly.

Contracts have been fully audited by ChainSafe.

Read more.

PieDAO

Decentralise is sponsored by PieDAO, community governed tokenised ETFs.

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AAVE’S AIP7

Aave @AaveAave

AIP-7 has been voted on and executed: 💫Stake slashing has been activated 💫Safety Incentives have been increased to 550 $AAVE/day More details👇 medium.com/aave/aavenomic…

medium.comAavenomics Quarterly UpgradeIn September, 2020, the Aave Protocol began the initial phase of the Aavenomics. In this genesis phase, $AAVE holders could stake their AAVE in the Safety Module and earn Safety Incentives, but…

Aave’s latest update introduces 30% slashing in the event of shortfall.

To compensate for this additional risk stakers are now rewarded with 550 $AAVE daily, a 37.5% rise.

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Synthetix’s 2021 Roadmap

kain.eth @kaiynne

I just published Synthetix 2021. Which is nothing more than a veiled attempt to cling to a sense of power in this ever more decentralized world.

blog.synthetix.ioSynthetix 2021Synthetix 2021, it feels more like the title for a 80’s sci-fi movie than a roadmap post, I guess it kind of is. Imagine a future where everyone in the world is connected to one another by handheld devices that allow them to hold, trade and transfer every imaginable asset. This week science fiction…

Synthetix’s Kain Warwick laid out his thoughts on the year ahead.

L2 scaling with Optimism, Synthetix V3 (a complete rewrite), and the project’s growing decentralisation were all covered.

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Andre Cronje On DeFi Communities

banteg @bantg

This was quite a therapeutic rant

andrecronje.medium.comBuilding in defi sucks (part 2)It has been almost a year since the first time I wrote these words. Any industry has its good and its bad. You leave an industry when the bad outweighs the good. I’m still here, so don’t get me wrong…

Yearn founder Andre Cronje let off steam on the difficulties of building in this space and the pressure from community members who are only looking to pump their bags.

It’s a reminder for everyone why we’re here.

Read more.

Billionaire Mark Cuban Talks DeFi

Arthur @Arthur_0x

One of the most high-profile billionaires trying out DeFi. I am liking this trend.

Mark Cuban @mcuban

@haralabob @tyler Except the gas is always an issue. Just the cost of moving crypto to AAVE is crazy expensive and the number of non crypto options will increase

Mark Cuban gave his thoughts on Aave’s UX.

DeFi has made incredible progress in the last year and is now attracting attention from the top.

In case you missed it:

Vitalik’s incomplete guide to rollups.
Andre Cronje on Impermanent Loss Prevention

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