Odaily Planet Daily News Decentralized lending protocol Silo announced the launch of the OP Mainnet on X. With a deposit of $1.3 million, Silo Optimism started the initial OP distribution in 9 markets, including OP, wstETH, wBTC, tBTC, rETH, strxeth, VELO, sUSD, and SNX, where users can deposit in any market to borrow ETH and USDC. In stage 1, 100,000 OP will be allocated to the initial market. Over the next 60 days, the official team will launch a series of new markets and optimize incentive distribution based on protocol revenue indicators. The remaining 150,000 OP will be allocated in the second phase, during which rewards may be rebalanced based on historical activities. New markets will also be launched and may be included in the incentive category.

PANews reported on April 5 that, according to Cointelegraph, Grayscale has removed the Cardano token in its Grayscale Digital Large Cap Fund and the Cosmos token in the Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE), a smart contract platform fund. In an April 4 X post, Grayscale announced that the token removal was part of its quarterly fund rebalancing. The proceeds from the sale of tokens are used to purchase existing fund components. After removing the ADA token, Grayscale's large-cap fund now consists of 70.96% Bitcoin, 21.84% Ethereum, 4.52% SOL, 1.73% XRP, and 0.95% AVAX. As for Grayscale's smart contract platform fund, it now holds 58.41% of SOL tokens, 14.56% of ADA tokens, 12.25% of AVAX tokens, 8.53% of DOT tokens, and 6.25% of MATIC tokens after removing ATOM from the fund. No new assets have been added or removed from Grayscale's DeFi fund, which currently holds 48.74% of UNI tokens, 20.41% of MKR tokens, 13.17% of LDO tokens, 9.99% of AAVE tokens, and 7.69% of SNX tokens.