UMA Range Token, Revolut Supports DeFi, Lyra Finance Options AMM

Decentralise Daily #147

📰 Decentralise Daily #147

Decentralise is the daily DeFi newsletter breaking down the latest news and developments.

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

The space moves at lightning pace, so subscribe to get the latest news and market highlights direct to your inbox.

📊 Market Highlights:

UMA Introduces Range Token

Range tokens allow borrowing against DeFi tokens with zero risk of liquidation.

Token holders earn yield while the token stays within a set price range.

UMA will soon launch the UMA Range Token to demonstrate the capabilities.

Read the full article.

Revolut Adds DeFi

Popular mobile banking app Revolut will soon add support for 9 DeFi tokens.

AAVE, COMP, 1INCH, SUSHI, MIR and CRV will be among those available to buy.

Lyra Finance

Lyra Finance have announced an options AMM that unifies liquidity.

Lyra has been specifically designed for the Optimism L2 and will integrate with Synthetix to support zero-slippage trading.

Dynamic fees are used to manage risk.

🗞️ Previous Newsletter

BanklessDAO & Index BED, Alchemix Launch alETH, PleasrDAO Purchase OG Doge Meme for $4M