Liquidity protocol Spark announced that it has deployed $100 million of stablecoin liquidity to Base through the Spark Liquidity Layer. This deployment also activates the Savings feature on Base, where Base users can offer stablecoins. This is the first phase of Spark's liquidity injection into Base, and the second phase will use the same infrastructure to inject liquidity directly into Base's DeFi protocol.
Orderly Network, a full-chain derivatives liquidity layer, tweeted that it does not support IBX trade or its tokens and any other implied claims are false. Orderly is investigating the situation and will take the necessary steps to support the community. In the meantime, we will be cutting off any future collaboration with IBXtrade.
On September 23rd, the Web3 mobility layer Orderly Network said on the X platform that Orderly will be upgraded from 14:00 to 16:00 on September 24th. The estimated downtime is 2 hours.
On August 16th, Orderly Network, a full-chain derivatives liquidity layer, announced that ORDER tokens will be TGE on August 26th, and users can apply for all airdrops on the same day, and the pledge activity will start on the same day. Previously, Orderly Network updated the economics of ORDER tokens, and 13.3% of the total supply will be used for airdrops. After TGE, 60% of the net fee will be allocated to ORDER pledgers.
On July 26th, Solana's ecological liquidity layer, Margaret Infi, announced the launch of the leveraged lending feature mrgnloop, which can cycle users' deposits and borrowings with flash loans to maximize returns.
Chakra, a Bitcoin re-staking protocol, announced a strategic partnership with Nubit, a data availability layer, to enhance the Bitcoin ecosystem in a modular manner. The combination of Chakra and Nubit provides a convenient solution for Bitcoin Layer 2 builders, ensuring security, liquidity, and scalability.
On-chain reputation protocol Nomis announced a partnership with Aqua Protocol, a new liquidity layer project on TON, to provide additional point rewards to its TON Score holders, where users with points greater than or equal to 40 can receive special point multiplier rewards. Users can link their wallets and TON Score to the Aqua Protocol Telegram bot to earn rewards.
On June 24th, Orderly Network, a full-chain derivative liquidity layer, announced an increase in airdrop distribution, increasing the token distribution of the points program "Merits" by 50%, from 59 million to 92 million; increasing the total airdrop from 10% of the total supply to 13.3%. In addition, the Orderly points campaign "The Road to The Order" has been extended for another eight weeks and may end early.