Zapper Quest NFTs, Convex Growth, mStable Reduce Swap Fees

Decentralise Daily #139

Jun 01, 2021

📰 Decentralise Daily #139

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.

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📊 Market Highlights:

Zapper Quests

Oops.eth @Irrelephantoops

The NFTs I'm excited about the new #NFT rewards for the @zapper_fi #quests! Ive already redeemed the first one for reaching level 2 and I must say it looks good in my wallet (rainbow.me/oops.eth). I believe this will be a great platform for artists to share their creations

Now users of Zapper can unlock NFT rewards for their progress using the service’s features.

Zapper recently announced a $15M funding round and is becoming an easy to access DeFi hub where users can easily enter and exit positions and track their portfolio.

Convex Approaches $1B TVL

david.eth @david_dot_eth

.@ConvexFinance is one the most exciting DeFi projects of 2021. 2 weeks after launch, Convex has: - $969m TVL - $2.2m revenue - emerged as a potential Yearn killer Learn more about $CVX and why it's potentially undervalued 👇 1/

Convex is a Curve bosting protocol. After launching two weeks ago they are already closing in on $1B total value locked.

Users deposit their Curve liquidity tokens and benefit from a higher yield ( reportedly up to 80% on stablecoins) thanks to the locked $CRV boosting their farms.

mStable Reduces Swap Fees

mStable 🧮 @mstable_

We have reduced swap fees on mStable to 0.02% 🎊! All fees earned from platform swaps will go directly to users in Save - providing a more secure, profitable, and usable way to hodl stores of stable value.

mStable has reduced swap fees to 0.02%

mStable provides non-custodial yield, combining interest with swap fees.

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