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Sanko Mainnet, an L3 crypto game based on Arbitrum Orbit, is live. Sanko was originally a video streaming application (SankoTV) on Arbitrum. Sanko users can now connect Arbitrum's DMT to Sanko via the native Sanko Bridge.
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Lyre launched C-Token (Covered Call Tokens), the first tokenized derivative that generates yield through options premiums, ETH staking rewards, EigenLayer points, enhanced re-stake points, and points Lyra. Users can now deposit weETH and rswETH to start earning yields.
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Uniswap Labs and Across Protocol have introduced a new Ethereum token standard called ERC-7683. ERC-7683 aims to create a universal backfill network to follow for all cross-chain intents for better interoperability.
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Spark Lend SPK Pre-Farming Season 2 begins on May 20 at 2:26 p.m. UTC and ends with the launch of SPK and the Spark SubDAO. 6.66 million SPK will be distributed to eligible SparkLend users on Ethereum based on the amount of ETH deposit/DAI borrowing and the duration of their positions.
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Avantis launched a Redeem to Earn campaign on Base L2, allowing users to earn 250,000 USDC in rewards over 16 weeks, Avantis products, and Discord roles.
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Equation V3 is live, allowing users to trade individuals with 0 trading fees + 150x leverage.
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The equation Weekly trading competition and profit rate extraction are also live.
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Traders ranked in the top 10 on the profit rate leaderboard will receive USDT prizes and additional rewards for ranking in the top 3 (1st $2,000, 2nd $1,000, 3rd $500).
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Today, DeFi is supported in part by the equation
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