StakeDAO Airdrop, Enzyme v2, xCOVER Staking and Pickle Sushiswap Farms

Decentralise Daily #90: How to claim your $SDT

Jan 22, 2021

📰 Decentralise Daily #90

Decentralise Daily is the only Ethereum & DEFI newsletter written seven days a week.

Decentralised Finance (DEFI) is a revolutionary movement built on Ethereum providing open financial tools for a global audience.

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📊 Market Highlights:

StakeDAO Airdrop

Stake DAO @StakedaoHQ

We are incredibly proud to be surrounded by the best minds in DeFi 🙌: 🙇‍♂️Strategies: @AndreCronjeTech @CurveFinance @picklefinance @1inchExchange @SushiSwap @BadgerDAO (+more to come @Archer_DAO👀) 💸Fiat on ramp: @RampNetwork 💱Swap: @paraswap 🥩Staking: @forbole

StakeDAO is a multi-service DeFi platform bringing the ecosystem together in one decentralised location.

As part of their launch they are airdropping SDT tokens, which can be staked to gain a share of fees generated by the DAO.

1.5% of the total supply is being dropped with 39% going to Gitcoin Round 8 donors and 45% to those who participated in governance across DeFi protocols including Aave, Pickle, Badger, Yearn, Uniswap and more.

You can check if you are eligible for the drop here.

Be quick, after 48 hours your eligible SDT claim will begin to decrease!

🥧 PieDAO

Decentralise is sponsored by PieDAO, the community governing tokenised ETFs.

PieVaults are a new product range, diversified yield aggregators capable of multiple farming strategies. The first PieVault YPIE gives complete exposure to the Yearn Finance Ecosystem.

Mint YPIE gas-free with Oven.

Enzyme v2

Enzyme Finance @enzymefinance

Today, we're excited to announce Enzyme; the asset management layer for: 1. Savers who don't have time to stay on top of all the DeFi opportunities 2. Portfolio Managers who want to build, scale & monetise investment strategies 10 new features 👩‍🔬 medium.com/enzymefinance/…

medium.comIntroducing EnzymeYou spoke, we listened! Enzyme (formerly known as Melon) is directly inspired by our users and the DeFi community at large. We couldn’t be more excited to unveil it with you. It’s no exaggeration to…

Decentralised fund management protocol Enzyme Finance’s v2 is live.

The launch expands to 150 assets, allows liquidity provision with AMMs, and integrates lending protocols.

Synthetix is also connected, allowing for synthetic assets as well as short positions using inverse tokens.

Enzyme Finance recently re-branded from Melon, read the full analysis here.

Pickle Finance Remove Performance Fee

Pickle Finance 🥒 @picklefinance

PIP-26 passed with 100% approval, which means the following @SushiSwap Jars now have 0% performance fee! 🍣 USDC/ETH 🍣 USDT/ETH 🍣 DAI/ETH 🍣 wBTC/ETH 🍣 YFI/ETH Deposit into the Jar and then the Farm for extra crunchy Pickle goodness🥒🍣 @0xMaki app.pickle.finance

app.pickle.financeFarm PICKLE tokensThe future of finance is green

Pickle Finance’s Sushiswap farms now have 0% performance fee following the PIP-26 Snapshot.

Previously 20% was taken.

Here’s a breakdown of the latest APY for the Sushiswap farms:

Pickle’s algorithmic stablecoin farms for BAC and MIC are also earning 1169% and 14,575% APY at the time of writing.

xCOVER Staking

Alan @chefcoverage

.soon

Soon you will be able to stake your COVER tokens to earn a portion of redemption fees.

Cover Protocol is a decentralised and KYC-free insurance protocol, allowing anyone to easily gain protection by holding CLAIM tokens.

The recent integration with Yearn Finance is already benefiting both protocols.

🗞️ Yesterday’s Newsletter:

YFI Minting, Cover Liquidity Mining, and Catnip Launch Sports Markets

Decentralise is sponsored by PieDAO.

Join the PieDAO community.