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Arbitrum-based yield protocol Factor launched V2 with initial strategies for TradeJoe, Mux, and GMX vaults. Factor launches v2 staking rewards.
BnB Chain-based DEX Thena.fi launches its perp trading platform Alpha. Alpha supports 100 assets with up to 40x leverage and has zero funding rates.
Alpha is in its early stage and is only open for whitelisted addresses.
Connext introduces the xERC20, a cross-chain token standard that allows token issuers to manage bridges, set minting limits, and let selected bridges mint identical tokens.
Solana-based lending protocol Parrot is voting on a proposal to enable PRT redemption and to transit Parrot to a no-token protocol by declaring the PRT token nullified.
Parrot sold over $80m of PRT in its ICO back in late 2021, with a current ROI of -89% for investors
The vote has a 99% support rate and will end within two days. The team holds control over 81% of all tokens, raising the community’s concerns about the effectiveness of the protocol governance.
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