DeFi's Latest Buzz: From Tokens to Swaps, Here are the Major Updates of the Week

Firstly, the Arbitrum token has been launched, and Radiant V2 is now live on the Arbitrum network. Radiant V2 enables cross-chain borrowing and lending, which allows users to access liquidity from different blockchains. This could potentially make the DeFi ecosystem more interconnected and accessible. $ARB$ $RDNT$

In other news, the Uniswap proposal to launch version 3 on Avalanche has been approved. Uniswap is a decentralized exchange that allows users to swap cryptocurrencies without the need for an intermediary. Version 3 promises to offer several improvements, including increased efficiency and lower costs. $UNI$

Arbitrum has also announced that its DAO/Foundation will begin grants programs soon. This move could potentially attract more developers to build on the Arbitrum network and expand the ecosystem. $ARB$

UniDex, a meta-aggregator for DeFi, has released SwapsV3, an upgraded version of their swap aggregator. This new version promises to offer better user experience and more features, such as gas optimization.

Fantom Foundation has launched a new Fantom Wallet with an improved design. The new wallet promises to be more user-friendly and intuitive, making it easier for users to navigate the Fantom ecosystem. $FTM$

Polygon Labs and Immutable have introduced Immutable zkEVM, a chain for games that offers EVM compatibility. This could potentially make it easier for game developers to build on blockchain technology and create new gaming experiences. $MATIC$ $IMX$

GMX has proposed deployment on Coinbase's Base Blockchain Sui Network, which will go live in Q2 2023. Sui is an L1 project that has raised hundreds of millions of dollars in funding. If the deployment is successful, it could potentially bring more liquidity and users to the Sui network. $GMX$

Popsicle Finance, a project by Daniele Sesta, is now live on Arbitrum. Popsicle Finance is a platform that allows users to earn yield by providing liquidity to different pools. Its launch on Arbitrum could potentially make it more accessible to users and attract more liquidity to the platform. $ICE$

Plutus DAO has introduced $plsARB, an Arbitrum derivative token that allows holders to earn dual yield in PLS and ARB. This could potentially incentivize more users to hold the token and contribute to the Plutus DAO ecosystem.

SushiSwap, a decentralized exchange, has received a subpoena from the SEC. The reason for the subpoena is currently unclear, but it is yet another reminder of the regulatory challenges that DeFi projects may face in the future. $SUSHI$

Finally, Timeswap, an automated market maker for lending and borrowing, launched on Arbitrum. This could potentially offer users a new way to earn yield and access liquidity on the Arbitrum network.