Daily Brief United States: Aave, Binance Coin, Perpetua Resources Corp and more

In today’s briefing:

Crypto Lending Series #3: Light at the End of the Tunnel?
ZaynFi, a Stablecoin Yield Optimiser on BNB Chain, Nets US$600K Funding
Perpetua Resources Corp (PPTA) Flash Note Essential US Defense Project ACF Equity Research 19012023

Crypto Lending Series #3: Light at the End of the Tunnel?

The crypto lending market has been decimated with casualties from both lenders and borrowers after the FTX fallout and credit crisis.
Most centralized lenders have been annihilated while DeFi platforms withstood the shock. The demand for lending has cratered and this will test the viability of existing platforms given lower volumes.
However, we will likely see new platforms emerge that have the necessary lending, trading and risk management expertise from traditional finance that could propel further institutional participation in crypto.

ZaynFi, a stablecoin yield optimiser on BNB Chain, has announced a US$600,000 funding led by Cur8 Capital, the venture investing arm of UK-based Islamic Finance Guru.
Started by Syakir Hashim and Aziz Zainuddin, ZaynFi is a DeFi protocol that helps users stake stablecoins safely and simply for top-of-the-range returns on the Binance Chain.
According to the company, it helps users stake into the best liquidity pools across popular decentralised exchanges, enabling trades to happen while earning trading fees and rewards.

ACF identifies PPTA as a US national strategic asset (Sb)and best-in-class gold asset.
Sb: Proven & Probable Reserves 148 Mlbs at 0.06% in 104 Mt.
Au: Proven & Probable Reserves at 4.8 Moz gold (Au) @ 1.43 g/t.

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