Top Defi Updates

The decentralized finance (DeFi) space has continued to attract global attention this year. DeFi has recorded a massive price rally and an explosion of international users.

Therefore, to keep our readers informed of happenings in the DeFi space, we have compiled a list of Top 10 DeFi updates that took place last week.

1. Solv. Protocol Halloween Giveaway

To celebrate this year’s Halloween, the popular DeFi platform Solv. protocol launched a Halloween giveaway via a meme contest.

Also, according to the annoucement, 100 users will have the opportunity to receive an Impossible finance voucher on Binance Smart Chain (BSC). Interestingly, the voucher is worth $5.

2. GameFi Adds Support For Step Hero

Popular RPG Game Step Hero is now on the GameFi aggregator platform. Likewise, quite similar to Axie Infinity, Step Hero is a fantasy-themed, role-playing game with dual token economics. Its tokens, $STEP, and $HERO, are both available on BSC and Polygon blockchains.

3. Shiba Inu (SHIB) Now on DiversiFi

Shiba Inu receives another opportunity to reach out to more interested users. Therefore, the memecoin can now be traded on DiversiFi completely gas-free.

4. DVision World Goes Live

Dvision Network announced the official launch of its DVision World. According to the official tweet, users can now enjoy the best metaverse experience possible on the recently launched Dvison World. Moreover, Dvision World also serves as a lobby, connecting all the meta-cities in Dvision Network’s world.

5. dForce Partners With EntroFi

DeFi interoperability platform dForce has announced a strategic partnership with EntroFi. The partnership will help facilitate the onboard process of real-world finance and permissioned institutions. As a result, thanks to the partnership, dForce will enjoy access to many real-world institutions, extending loans to tangible assets like bonds, real estate, etc.

6. WOO Network Partners With Chainlink

WOO network has enlisted the support of the popular oracle platform Chainlink. According to the annoucement, the partnership will provide WOO Network Pools with more accurate pricing data.

7. Icetea Labs | LABEL Foundation Partnership

Icetea Labs has strategically partnered with the LABEL Foundation. According to the annoucement, Icetea will provide technological support to Label Foundation while also serving as one of the first advisors to Label.

8. Harvest Finance Launch Synthetic Stablecoin Vaults

Harvest Finance, in conjunction with Jarvis Network, has launched four new synthetic stablecoin vaults. According to the annoucement, Staking now will require very low fees and APYs between 30% – 430%.

9. Another CryptoPunk Makes History

Last week, popular NFT CryptoPunk #9998 was sold for USD 532 million. CryptoPunk is unique in that it is a Female punk with Wild White Hair. Therefore, it is also one of the 617 Black Lipstick punks and one of the 382 Green Clown Eyes punks.

10. Crypto.Com Partners With

Last week, the popular crypto fintech platform, is now integrated with the Solana Foundation. Also, according to an official tweet, users will deposit and withdraw USDC in that blockchain and BSC, Arbitrum, and Polygon.

Moreover, we hope you’ve enjoyed the Top 10 DeFi Updates of the last week of october.

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