Subscribe to ETH Daily
>3.5K subscribers
Share Dialog
Obol launches a token incentives program.
Coinbase introduces Verified Pools.
Moonwell launches on OP Mainnet.
Spark announces RWA winners.
Obol launched the OBOL Incentives Program, allocating 12.5 million OBOL tokens in incentives to reward users who stake ETH on Obol Distributed Validators. For the first year, 240,000 OBOL tokens will be distributed each week to participating ETH stakers. OBOL serves as the protocol’s governance, staking, and utility token. To participate, users can stake ETH on Obol Distributed Validators (DVs) through a qualified partner like Chorus One, EtherFi, Swell, or Stakewise, or by running their own distributed validator via Squad Staking. Rewards are based on the total ETH supplied and will begin accruing on March 24, 2025.
Share Dialog
Obol launches a token incentives program.
Coinbase introduces Verified Pools.
Moonwell launches on OP Mainnet.
Spark announces RWA winners.
Obol launched the OBOL Incentives Program, allocating 12.5 million OBOL tokens in incentives to reward users who stake ETH on Obol Distributed Validators. For the first year, 240,000 OBOL tokens will be distributed each week to participating ETH stakers. OBOL serves as the protocol’s governance, staking, and utility token. To participate, users can stake ETH on Obol Distributed Validators (DVs) through a qualified partner like Chorus One, EtherFi, Swell, or Stakewise, or by running their own distributed validator via Squad Staking. Rewards are based on the total ETH supplied and will begin accruing on March 24, 2025.
Moonwell, a lending protocol built on Morpho, launched its first lending vault on OP Mainnet. Users can now deposit into the Moonwell Flagship USDC vault on OP Mainnet, which is designed to provide optimized, risk-adjusted returns from blue-chip collateral markets. The vault is curated by BlockAnalitica and B Protocol, who strategically allocate funds across Morpho Markets. The vault offers liquidity for the ETH/USDC and wstETH/USDC Morpho Isolated Markets on OP Mainnet, generating interest for depositors. Moonwell also launched Virtual Accounts on OP Mainnet, enabling users to receive payments in a U.S. bank account that are converted to USDC. Moonwell is a top 10 DeFi protocol on Base, with over $100 million in TVL.
Spark announced the winners of the Tokenization Grand Prix, a competition that directs $1 billion in reserves toward tokenized real-world assets (RWAs). The three selected winners are BlackRock's BUIDL fund, Superstate's USTB fund, and Centrifuge's JTRSY fund, with $500M allocated to BUIDL, $300M to USTB, and $200M to JTRSY. The final allocations are subject to approval by Sky governance in April 2025. The initiative aims to drive stablecoin adoption in DeFi by boosting liquidity and diversification within the Spark Liquidity Layer. The competition evaluated 39 applications, focusing on pricing, liquidity, and strategic alignment.
See disclosures
Moonwell, a lending protocol built on Morpho, launched its first lending vault on OP Mainnet. Users can now deposit into the Moonwell Flagship USDC vault on OP Mainnet, which is designed to provide optimized, risk-adjusted returns from blue-chip collateral markets. The vault is curated by BlockAnalitica and B Protocol, who strategically allocate funds across Morpho Markets. The vault offers liquidity for the ETH/USDC and wstETH/USDC Morpho Isolated Markets on OP Mainnet, generating interest for depositors. Moonwell also launched Virtual Accounts on OP Mainnet, enabling users to receive payments in a U.S. bank account that are converted to USDC. Moonwell is a top 10 DeFi protocol on Base, with over $100 million in TVL.
Spark announced the winners of the Tokenization Grand Prix, a competition that directs $1 billion in reserves toward tokenized real-world assets (RWAs). The three selected winners are BlackRock's BUIDL fund, Superstate's USTB fund, and Centrifuge's JTRSY fund, with $500M allocated to BUIDL, $300M to USTB, and $200M to JTRSY. The final allocations are subject to approval by Sky governance in April 2025. The initiative aims to drive stablecoin adoption in DeFi by boosting liquidity and diversification within the Spark Liquidity Layer. The competition evaluated 39 applications, focusing on pricing, liquidity, and strategic alignment.
See disclosures
No comments yet