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  • Bonzo Bytes Newsletter - #28 🐵🗞️

Bonzo Bytes Newsletter - #28 🐵🗞️

⏳ Claim your Pre-Season Bonzo Points

BONZO BYTES WEEKLY NEWSLETTER

Hello, Bonzo Community!

Welcome to this week’s Bonzo Bytes, your weekly recap of the latest updates from Bonzo Finance and the broader Hedera and DeFi ecosystems. The Pre-Season Bonzo Points claim window is closing, a dashboard refresh is live, and new features are right around the corner.

Here’s everything you need to know from the latest Bonzo Bytes X Space:

⏳ Today is the final day to claim your Pre-Season Bonzo Points

Time’s almost up! April 14 is the final day to claim your Pre-Season Bonzo Points. After that, any unclaimed $BONZO will be redistributed to those who did claim and to the Season 2 Bonzo Points pool.

We’re excited to close out the Pre-Season Bonzo Points program and reward those who participated, and get everything set for Season 2 Bonzo Points claims.

Claim your points: https://app.bonzo.finance/claim 

🆕 New Claim Modal & Dashboard Polish

You may have noticed a smoother claim flow this week. That’s thanks to a redesigned Claim Rewards modal, which now includes warnings for over-limit entries and general UI improvements.

“You won’t see a massive redesign all at once, but these small UX upgrades add up. We’re listening to feedback and shipping improvements every week.”

Gaurang Torvekar, Bonzo Finance Labs Co-Founder & CTO

🔁 Coming Soon: Claim $HBAR Rewards as $BONZO

Next up: users will be able to claim their $HBAR liquidity incentive rewards directly as $BONZO, giving another option to stack tokens and support the ecosystem. This minor feature goes a long way in providing another path to acquiring $BONZO without needing to swap.

💰 Liquidity Incentives Update

Bonzo Finance continues to offer liquidity incentives (✨) for supplying and/or borrowing $HBAR, $USDC, $KARATE, $DOVU, $STEAM, & $GRELF.

Check out current rates: app.bonzo.finance

*Current rates as of April 14, 2025, at 9:30 AM ET. APY is subject to change. Bonzo Finance does not endorse any of the assets cited in this newsletter or the utilization of DeFi protocols. Interacting with smart contracts carries inherent risks including total loss of funds. LTV ratios and protocol parameters are subject to change. Users are responsible for understanding the protocol risks, including smart contract vulnerabilities and liquidation mechanisms. Do your own research. Not financial advice.

📊 Protocol Growth

Bonzo recently hit an all-time high in HBAR-denominated TVL, even as the market dipped.

HBAR TVL: 205.12M HBAR

“We’re proud of the results we’re seeing. Even in a chaotic market, Bonzo keeps moving forward.”

Gaurang Torvekar, Bonzo Finance Labs Co-Founder & CTO

Hedera is now part of Chainlink’s CCIP network, enabling secure cross-chain messaging with 46+ blockchains.

This is a significant milestone — it opens up Hedera to the broader blockchain world and makes it easier for developers to bring their apps from other chains over to Hedera.

🤖 Brady Gentile Joins OpenConvAI Hackathon as Judge

The OpenConvAI Hackathon is live, and Bonzo Finance CEO Brady Gentile is now one of the official judges.

“Really looking forward to seeing what devs build… I hope some folks decide to build tools on top of Bonzo Finance or using Bonzo data. That’s the dream.”

Brady Gentile, Bonzo Finance Labs Co-Founder & CEO

⚙️ Nvidia AI x HBAR

Nvidia is integrating Hedera into its AI infrastructure by using HBAR to secure and verify the massive datasets behind next-gen AI systems.

🪙 HBAR Now on Bitbuy

Canada just got a new onramp: Bitbuy has listed HBAR, expanding retail access in North America.

📉  Bitcoin fell below $75,000 on April 7, marking its lowest point in 2025

The crypto market stumbled this week. Bitcoin dipped below $75K, and ETH nearly fell below $1,400.

Despite the volatility, Bonzo Finance held strong. Protocol TVL grew in HBAR terms, and borrow demand stayed consistent, a rare sight during a market shake-up. Bonzo’s single-sided pools with no impermanent loss seem to be giving users confidence during uncertain times. 

📈 Aave Hits Record Deposits

While markets dipped, Aave surged. The leading DeFi lending protocol reached $17.3B in TVL, with deposits more than tripling since the start of the year.

“There’s obviously something to this,” Brady said. “Lending protocols are attracting deposits. It’s different from what you’re seeing in DEXs.”

Bonzo is following a similar pattern. Users are still supplying assets and borrowing through the protocol, even as broader sentiment stays cautious.

Read more on CoinDesk: How DeFi 'Defied' Market Carnage as Traders Poured Millions Amid Panic

📰 Trump Signs Historic Crypto Bill: The DeFi Broker Rule Is Dead

In a landmark moment for digital asset regulation, Donald Trump has become the first U.S. president to sign a crypto-related bill into law, officially repealing the IRS’s controversial “DeFi Broker Rule.”

The bill, which received rare bipartisan support, reverses an earlier regulation that would have forced decentralized finance protocols to comply with the same tax reporting obligations as traditional brokers — a move widely seen as unworkable and harmful to innovation.

Industry leaders hailed the repeal as a victory for privacy, decentralization, and the future of Web3 in the U.S.

📺 11,000+ Financial Institutions Just Gained Access to Hedera

Hedera just hit a major milestone: with Chainlink’s CCIP network integration now live, over 11,000 U.S. financial institutions can interact with Hedera, marking a huge step toward real-world adoption of decentralized infrastructure.

This YouTube breakdown from AllinCrypto explores how Hedera’s alignment with legacy finance rails like FedNow and its expanding interoperability through Chainlink are positioning the network for explosive institutional growth.

🔗 Watch the full analysis on YouTube: 11,000+ Financial Institutions Just Gained Access to Hedera

🎙️Weekly Bonzo Bytes 𝕏 Space - Friday, April 18 at 12 PM ET

Join us live for Bonzo Finance updates, ecosystem news, and community Q&A.

Set a reminder on 𝕏.

Thank you for being part of Bonzo Finance and the Hedera DeFi 2.0 journey.

- The Bonzo Finance Team

The views shared in this newsletter are personal opinions and do not represent official Bonzo Finance advice. Any forward-looking statements about Bonzo Finance and its associated projects involve risks and uncertainties. Please do your own research and consult a professional before making any investment decisions. Bonzo Finance is not liable for any actions taken based on the information provided.