Twenty days after upgrading its “Polygon Bridge” smart contract, Zapper found a vulnerability in its own deprecated version.  According to a tweet, the Zapper project “exploited the vulnerability ourselves and all of the funds have been rescued.” The problem would have affected those with an infinite approval for the bridge contract. Infinite approval is part…

The World Economic Forum, a bastion of the global establishment and ultra-exclusive club for heads of state, billionaires, and policymakers, is embracing DeFi. Well, sort of. In another sign that decentralized finance has spurred serious study in influential think tanks, the Geneva-based WEF issued a “Policy-Maker Toolkit.” The 38-page white paper explores DeFi’s benefits and…

Curve Finance, long distinguished by its homogenous-asset pools, has taken a walk on the wild side.  The automated market maker (AMM) rocked DeFi yesterday by releasing a pool containing USDT, WBTC, and ETH on Ethereum and another including USDC and DAI as well on Polygon. This was a first for Curve, which had up until…

This is a weekly tutorial on the most compelling opportunities to consider yield farming, written by our friend DeFi Dad, an advisor to the Defiant and member of the core team at Zapper. The goal is to expose more Defiant readers to new DeFi applications and their associated liquidity mining programs. Background on Protocol: Last…

They just couldn’t resist.  Many Bitcoin diehards disdain other digital tokens but when it comes to capturing yields it’s hard not to embrace Ethereum’s DeFi ecosystem. With wrapped Bitcoin’s total supply at 187,610, the leading form of Bitcoin on Ethereum constitutes over 1% of BTC’s overall supply which stands at 18.729M at the time of…

In this tutorial we run through how to set up a simple LP position using the new concentrated liquidity functionality in Uniswap V3.

This is a weekly tutorial on the most compelling opportunities to consider yield farming, written by our friend DeFi Dad, an advisor to the Defiant and member of the core team at Zapper. The goal is to expose more Defiant readers to new DeFi applications and their associated liquidity mining programs. Background on Protocol: For…

Liquity is a decentralized borrowing protocol that allows you to draw interest-free loans against Ether used as collateral. Loans are paid out in LUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%.

Yearn Finance users have sent a clear message — buy more Ether. More than 82% of voters in Yearn’s online poll have urged the platform to accumulate more of Ethereum’s ETH and strike a better balance with its native token, YFI.  The poll supports buying Ether as an extension of Yearn’s Buyback and Build proposal…

Lossless is the first DeFi hack mitigation tool for token creators. Lossless Protocol freezes fraudulent transaction based on a set of fraud identification parameters and returns stolen funds back to the owner’s account.