Neptune Protocol on Eclipse
• @Neptune_Stable is launching on @EclipseFND Mainnet to offer DeFi services that cater to users of both Solana and Ethereum
• Key features include 0% interest loans, multi-collateral support, and a USD-pegged stablecoin (USDN)
• Neptune facilitates cross-chain liquidity, allowing users to leverage assets from both ecosystems for yield generation and arbitrage
• The protocol ensures system stability through a liquidation process, and a stability pool
Loop’s Pool Party
• @loopfixyz is a hybrid lending market focused on Ethereum carry trades, enabling users to supply various Ethereum derivatives as collateral to borrow ETH and increase yield exposure
• Lenders receive lpETH tokens, which can be used in DeFi or staked for additional rewards
• Borrowers, or "Loopers," leverage ETH for higher yields, benefiting from reduced fees and extra rewards by locking dynamic liquidity pool (dLP) tokens, which pair the governance token, LOOP, with lpETH
• There is also Loop's Points Program, dubbed the "Pool Points Party," is a reward initiative designed to boost liquidity for the Loop protocol by encouraging users to deposit ETH and LRTs
• Participants earn Quaaloops, which represent contributions to the protocol and will be converted into LOOP tokens at launch
Introducing InterSwap
• @InterSwap_io is a fully composable cross-chain AMM built on @Axelar, allowing seamless swaps across multiple blockchains without wrapped assets, or bridging tokens
• It supports open and permissionless cross-chain pools with native tokens or ERC20s, and provides easy LPing with single assets, no pairs
• InterSwap also integrates Cross-Chain Smart Routing (CCSR) to access existing AMM liquidity
• The platform also has non-upgradable smart contracts, and supports both EVM and non-EVM blockchains
Misc News
• @pudgypenguins announced the 1,000 Day Pengus Club Soulbound Token
Thanks bud. Enjoy your Sunday