Gm! Let’s start the week with a quick recap of everything that went down in Web3 last week.
A proposal was published to Aave’s governance forum advocating for freezing 17 V2 pools in the interests of caution due to their thin liquidity and the volatility of the underlying assets. On Nov 27, the changes were executed.
ACX — token by Across is live on L1 and can be claimed by eligible wallets.
Ledger announced the upcoming Ledger Quests — an educational initiative that will reward users with a proof-of-knowledge NFT when they successfully complete the 'Quest'.
The proposal to deploy a Hop Bridge to the zkSync V2 network and establish Hop as a partner of the zkSync ecosystem has passed.
DeFiLlama launched a trending contracts page. Use it to spot which contracts are getting the most usage and check their growth in gas spent, wallet interactions, or the number of txs.
Maker governance rejected proposals including a $500m investment in corporate bonds, a $100m investment in $OUSD, and an increase on the surplus buffer upper limit to 1B DAI. Core Unit budget changes were also polled including reducing UX development budget and not renewing the immunifi security budget.
Aztec Connect has launched a stable developer testnet.
Pendle launches V2 on Ethereum, bringing a new AMM design and structural improvements in capital efficiency, LP risk, and fee accrual.
Opensea adds BNB Chain support.
The Compound community has voted to enforce loan limits on 10 crypto tokens in its version 2 protocol at the end of November — reducing the amount of the affected collateral that users can borrow.
Onomy, a Cosmos-based protocol bridging Forex and DeFi, has launched mainnet with the token distribution planned for December 6.
ZkSync is integrating with RNS .ID to enable on-chain IDs and better data security. Crypto exchanges, such as Binance and Coinbase, already support IDs issued by RNS .ID.
Dopex will be adding perp trading — option perpetual trading to its product line.
Ribbon Finance launched its new product Ribbon Earn stETH which offers principal-protected yield, using a combination of ETH staking yield + options.
BitDAO introduced Mantle — a modular Ethereum L2 network promising to bring robust decentralized data layers with high security using re-staking mechanisms.
Trader Joe, the popular Avalanche-based DEX is expanding to Arbitrum.
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