RaaS #422: WLFI Airdrops USD1!

Polygon Partners With Near, Aave Crosses $1.5B On Pendle, and Moar!

Kaito’s community hit the max 75 bps NEWT boost on Magic Newton after activating 58 K+ trading agents (20K+ this week). Yappers, referrers, and the wider Kaito ecosystem will share rewards as Magic Newton nears its TGE, tying user activity to future token value.

Kava’s AI-powered oracle filters data anomalies before sending verified info to DeFi platforms, reducing smart contract risks. Unlike traditional oracles like Chainlink, it uses AI for credibility scoring and predictions, enabling secure, real-time cross-chain DeFi on Cosmos.

Privy’s new Python SDK enables server-side control of embedded crypto wallets, automating tasks like limit orders and recurring payments. It uses TEE-secured key management with granular access controls, ideal for fintech apps needing secure, programmable crypto infrastructure.

Arbitrum’s Trailblazer 2.0 is a $1M fund launched on June 4, 2025, to advance agentic DeFi via AI-driven automation. It introduces Vibekit, an open-source DeFi agent framework, with grants focused on tools, strategy templates, and integrations across top Arbitrum protocols.

Polygon integrated with NEAR Intents to enable cross-chain swaps (POL, ETH, BTC, SOL, NEAR, ZEC) without bridging or slippage. This advances NEAR’s vision of agentic, user-owned finance and leverages Polygon’s low-cost EVM support for seamless, AI-driven DeFi experiences.

3Jane raised $5.2M from Paradigm to build a credit-based money market on Ethereum using on/off-chain credit data. It introduces USD3, a yield-bearing stablecoin backed by credit lines, aiming to replace overcollateralization and unlock a $5.3T unsecured credit market.

GalacticaNet partners with Arbitrum Orbit to build a decentralized identity layer for omnichain ecosystems. Using zkKYC and soulbound reputation, users gain portable, privacy-preserving compliance across chains, addressing a key gap in secure, scalable Web3 identity infrastructure.

MAKE IT MORE HUMAN!

Magma Staking is launching weekly language-group yaps on Discord to boost community engagement on Monad, a high-performance L1 (10K TPS, 1s blocks). Tied to its liquid staking model, the initiative may boost APYs by sharing MEV rewards, blending culture, education, and DeFi incentives.

Aave announces over $1.5B in deposits via Pendle, marking a major DeFi milestone. The integration enhances Aave’s non-custodial liquidity protocol with yield trading, boosting platform utility and signaling growing investor confidence in DeFi.

Top Gainers: POLY, 0X0, LIQD, TRB, ME.

Lido Finance’s Dual Governance proposal passed Snapshot and heads to an Aragon vote. It gives stETH holders formal governance power via a dynamic timelock system, with states for signaling, veto, and exit, enhancing protocol security and aligning stakeholder incentives against governance attacks.

World Liberty Financial (WLFI), backed by Donald Trump, airdropped millions of USD1 stablecoins to 85,000 wallets. While it boosts rollout efforts, critics highlight centralization risks. 40% of votes came from 5 wallets amid broader Trump crypto support plans.

That’s all for today, see ya later!