It has been a while since my last post due to minor health issues so instead of the regular routine, I'll go over the things that happened in DeFi while I was away. Cathing up with everything is virtually impossible but that doesn't mean that we can't stay on top of things.
Decentralized Options Trading On Hedgey
Hedgey has added a lot of markets recently and right now you can trade options on Polygon, Fantom, ETH, BSC, xDAI, AVAX, and OKx Chain. It is very simple to use and I highly recommend checking it out. Options trading > Margin trading, especially if it is decentralized.
$Spell and $Time Making Vawes
Avax wasn't very lively last time I checked it out but things are changing rapidly. Liquidity mining is underway with $180 M up for grabs but Wonderland.Money is definitely the place to be.
$Time has wen't up from sub $1k to $8k at the time of writing and staking APY is at 48,000 %. It is crucial that you DYOR before jumping into this one. I will definitely be covering it in one of my future guides.
$Spell has also had an insane run, pushing Magic Internet Money into the top 100 on CoinGecko. $MIM is a decentralized stablecoin that is gaining a ton of attention at a staggering rate. Definitely worth checking out.
Ribbon Finance Airdrop
Ribbon Finance airdropped some tokens for early users. If you interacted with the protocol you probably have some tokens to claim. Earni.fi can help you check that with ease.
Rarity Game Adds Marketplace
Rarity Game, a free-to-mint game on Fantom that I covered recently added a marketplace and you can now trade your characters. Keep in mind that the game is still growing and it's not too late to start your adventure.
180% APY For Stablecoin Staking on Oddz Finance
Oddz is yet another options trading platform deployed on BSC. Those that provide liquidity in USDC can get 180% APY in Oddz rewards. The platform is still in the early stages so farming some ODZZ is probably a great idea, especially if you have some idle stablecoins sitting on the side.
Cheap NFT Trading On Fantom
If you are into NFT trading but don't have the capital to play around on ETH, Fantom has you covered. Artion has been deployed recently on Fantom and it already has almost 100k listings.
xDai Punks Are Getting A Token
If you saw my announcement post and minted some xDAI punks consider holding onto them for a while. The team recently shared updates on Twitter and Telegram about an upgrade for the punks but also an airdrop for punk owners. They are becoming a DAO and governance tokens will be distributed to xDai punk owners. Even if you missed the mint there are a few that can be bought for 20-30 xDai on the marketplace.
And that should be enough alpha for today. I will be covering some of this news in-depth in the coming days so stay tuned. If you have a project in particular you would want me to cover just leave a comment below and I'll add it to the list.
