Top DeFi updates february week 2

Several interesting updates took place in the decentralized finance (DeFi) space last week. To keep our readers informed we have compiled some of last week’s top DeFi updates.

As a result, these DeFi updates range from strategic partnerships, product launches, updates, etc. Let’s find out some more DeFi updates.

1. $LUNA Now on Planet Finance

Exciting news for Terra Money, a public blockchain protocol known for its focus on bringing DeFi to the masses. Therefore, TERRA native token $LUNA has officially gone live on Planet Finance.

Interestingly, this move also signifies the launch of a new money market.

2. EverRise Integrates Chainlink Price Feeds

The Multi-chain DeFi security platform, EverRise, has disclosed details of a strategic partnership with Chainlink. Providing it with the opportunity to provide its users with a myriad of multi-chain services.

According to the partnership, EverRise will have access to Chainlink’s reliable, secure, and accurate price feeds. Also, the price feeds will facilitate real-time conversions, help monitor token prices, calculate gas fees, among others.

3. Clover Finance Partnership With HyperJump

Fantom and BSC-based play-to-earn and farm-to-earn DEX platform, HyperJump, has strategically partnered with Clover Finance. Also, HyperJump is currently one of the top DeFi projects on both Binance Smart Chain and Fantom ecosystem.

According to the partnership, HyperJump has also integrated Clover wallets. Therefore, bringing a seamless and top-notch DeFi experience to users

4. OpenOcean Partners With Platypus

Last week, DeFi and CeFi aggregator platform OpenOcean entered into a strategic partnership with Platypus. Platypus is an Avalanche-based AMM dapp. Therefore, the partnership will facilitate more stablecoin liquidity on Avalanche.

5. Polkamarkets Labs Launch Multichain Market Protocol

On the other hand, Polkamarket Labs recently launched its multi-chain prediction market protocol. Also, the multi-chain tool is a combination of both Moonriver and Moonbeam. Therefore, the protocol will bring even more intrinsic value to Polkadot and Kusama.

6. Moonbeam Now on Beefy Finance

Polkadot easiest on-ramp, Moonbeam is now a part of the Beefy Finance ecosystem. Moreover, Moonbeam is popularly known as the most powerful ETH-compatible smart contract on Polkadot.

7. Clover Finance | OpenOcean Partnership

DeFi and CeFi aggregator platform OpenOcean has entered into a strategic partnership with Clover Finance. Therefore, the partnership will provide OpneOcean with access to Clover multichain wallet. Therefore, users will be able to easily switch between different platforms by providing them with the best token price rates.

8. DAFI Protocol dBridge Launch

Programmable rewards platform DAFI protocol has announced the strategic launch of its dBridge. Therefore, the launch will facilitate the interoperability of DAFI tokens where $DAFI holders will be able to move seamlessly between Ethereum and Binance Chain.

9. MP4 NFT Format Now on Coin98

Moreover, Coin98 brings a new twist to the NFT space by supporting NFT MP4 versions. This means users can now send, receive, store MP4 NFT versions on Coin98.

10. Algorand Joins The Bloktopia Metaverse

Finally, new additions to the Bloktopia Metaverse. Therefore, this time around, Proo-of-Stake (PoS) blockchain protocol, Algorand, has opened shop in the Blocktopia metaverse.

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