# Defi Update 5

**Published by:** [bidur.eth](https://paragraph.com/@bidur/)
**Published on:** 2021-11-03
**URL:** https://paragraph.com/@bidur/defi-update-5-2

## Content

Big updates today :#Paladin is a meta-governance ecosystem creating flywheels to enhance governance participation. Their first Dapp is a lending protocol where users loan or borrow voting power. #Airdrop to Users who have voted or created proposals in the Aave, Compound, Uniswap or Curve governance will share 1,000,000 PAL. More detail here: https://medium.com/paladin-protocol/paladin-summons-its-pals-aa5e0e910218Someone took out a $1.4 million loan with an NFT as collateral.NYSE Arca files with SEC to list Bitwise Bitcoin ETP Trust Exchange-traded products with exposure to cryptocurrencies are increasingly gaining ground.To the moon: Huobi wants to send someone to space for its 8th birthday Huobi will celebrate another year around the sun by sending a lucky user to space.Coinbase Users Can Borrow Up to $1M With Bitcoin as Collateral. The crypto exchange’s customers can obtain cash via their PayPal or bank accounts.Thank you and have a nice day.

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