🌟 Photo Sharing Tips: How to Stand Out and Win?
1.Highlight Gate Elements: Include Gate logo, app screens, merchandise or event collab products.
2.Keep it Clear: Use bright, focused photos with simple backgrounds. Show Gate moments in daily life, travel, sports, etc.
3.Add Creative Flair: Creative shots, vlogs, hand-drawn art, or DIY works will stand out! Try a special [You and Gate] pose.
4.Share Your Story: Sincere captions about your memories, growth, or wishes with Gate add an extra touch and impress the judges.
5.Share on Multiple Platforms: Posting on Twitter (X) boosts your exposure an
DeFi Weekly Report: stablecoins collaboration, Superchain expansion, and innovation in traditional projects
Weekly Highlights Review of the Decentralized Finance Industry
New Trends in the Stablecoin Market
Recently, the stablecoin sector has ushered in a new wave of development. The USDtb stablecoin launched by Ethena has received support from a product under a well-known asset management company and has partnered with Usual, achieving mutual benefits in terms of TVL and incentives. Additionally, WLFI has also collaborated with Ethena to integrate sUSDe into its lending market.
Unlike the competition among stablecoins in the past, this round of stablecoin development shows a clear trend of collaboration. Usual has introduced a multi-party game theory stablecoin mining mechanism, which is similar to the underlying logic of Pool 1-3 during the past DeFi Summer, but has significantly improved in terms of the RWA concept, the sophistication of the game model, and liquidity exit.
Resolv, as another Delta neutral stablecoin protocol, has seen its TVL grow by nearly 400% in the past two weeks. The protocol introduces the RLP mechanism as a risk buffer layer, providing options for users with different risk appetites. In the future, Resolv plans to launch on HyperEVM.
Frax is also making important adjustments, including collaborating with Symbiotic, launching the veFRAX multi-reward structure, and considering using products from a well-known asset management company as collateral for Frax USD.
Superchain Ecosystem Expansion
The Ink developed by a certain trading platform has officially launched on the mainnet and joined the Superchain ecosystem. Dinero has launched its first LST product on Ink. Additionally, Velodrome plans to integrate into Ink in 2025, and Ink has purchased and locked 2.5 million veVELO. This indicates that compliant exchanges launching their own L2 will become a trend in the coming years.
New Initiatives in Traditional Decentralized Finance Projects
Convex and Yearn have teamed up to launch the decentralized stable protocol Resupply, which uses the reUSD stablecoin backed by stablecoins generated from the lending market. The Yield Token of GammaSwap is about to complete its audit, and this project aims to hedge against impermanent loss by lending and restructuring LP tokens.
Ethena is considering integrating Derive options and perpetual futures. If approved, Derive will become the on-chain hedging and underlying trading venue for Ethena's $6 billion TVL.
Other noteworthy updates
These developments indicate that the Decentralized Finance industry is continuously innovating and expanding, with cooperation and competition among various projects driving progress throughout the entire ecosystem.