Decentralized finance (DeFi) is witnessing a surge of groundbreaking features. Innovators like Perpetual Protocol, Aave Decentralized Autonomous Organization (DAO), Convergence Finance, and Polygon are leading the charge today.
Today’s DeFi Innovations : Perpetual Protocol’s Perp V3 and Aave’s Frontier
Perpetual Protocol has launched Perp V3, aiming to enhance user experience by simulating a centralized exchange-like interface. Additionally, the Smart Liquidity Framework is a key feature that allows various methods for liquidity provision, thereby enabling various on-chain and off-chain methods to generate tradable prices.
“We’re committed to making Perp V3 the go-to for DeFi newbies. Think of it as trading on a CEX, but you’re actually in the DeFi world. It’s about making things so seamless, you’ll wonder why it was ever hard. Here we focus on three key areas: security, onboarding, and an all-in-one stop,” said Perpetual Protocol.
Meanwhile, Aave DAO has approved Frontier, a new Staking-as-a-Service product. It aims to decentralize the protocol’s staking exposure and strengthen network security. Significantly, the proposal for Frontier has garnered unanimous support, receiving 100% of the votes in favor, demonstrating strong community confidence in this initiative.
Read more: 9 Cryptocurrencies Offering the Highest Staking Yields (APY) in 2024
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Author: Harsh Notariya
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