CFTC Sees ‘Significant Risks’ From Digital Assets 

Rocket Pool Launches rETH On zkSync Era

Hello Defiers! Here’s what we’re covering today:

On Eve of The Merge Skeptics and Supporters Gird for Raft of Changes

ETH Fire Sale Unlikely After Shanghai Upgrade: Nansen

MakerDAO Users To Mint DAI for Free After Debt Ceiling Rises

Ether and PoW Coins Outshine Rivals as Merge Looms

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Maple Revives Crypto Lending With $40M Deal

Listen to the exclusive interview with Stani Kulechov in this week’s podcast

Quick Take: The Final Merge Video Before The Merge

The Merge: Anthony Sassano explains why Ethereum’s ‘final boss’ is still the nation state

Abra to Launch US Chartered Bank, Crypto Yield Accounts: Decrypt

Last week the Polkadot ecosystem was busy building, deploying, and growing: Polkadot

Artists Say NFT Markets Betray Web3 by Nixing Royalty Payments

Binance Enters Zero-Knowledge Race With zkBNB

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 is your way into OP Summer! Simple, novel, and easy-to-understand markets: UP or DOWN? IN or OUT? The choice is yours. 

Shift to PoS Will Reduce ETH Issuance and Impact Staking Yields

 The moment has finally arrived. Ethereum is poised to execute the most historic upgrade in its eight-year history. And the DeFi community is giddy with anticipation that the shift to Proof-of-Stake consensus will revitalize the blockchain network’s usefulness and value. Richard Craib’s response? Meh.

👉READ THE FULL STORY IN THE DEFIANT.IO👈

More Than 70% Of Stakers Are Currently Nursing Losses

Unless The Merge sends Ether to the moon, Ethereum die-hards shouldn’t fear a fire sale when the post-Merge “Shanghai” upgrade takes effect next year, according to a new report from crypto analytics firm Nansen.

Trailing Stop now available to MakerDAO and Liquity users

, an all-in-one dashboard for sophisticated DeFi management.

A trailing stop is a dynamic type strategy that allows users to configure a percentage drop from peak market value that would trigger the full closing of a position once reached. While with a standard Stop loss, a position would get closed at a fixed price, a 

Trailing stop actively follows any upward market movements by the set percentage, instead continuously increasing the stop price.

The new strategy is another in the series of automated trading strategies introduced to MakerDAO and Liquity by DeFi Saver, following Stop loss and Take Profit. Setting up is straightforward. Existing Maker and Liquity users need to visit DeFi Saver and switch to the Automate tab in the dedicated protocol dashboard. Users just need to input the percentage that they want the stop price to be below the reached market peak and to select the asset to which they want their position to be closed (e.g. collateral asset or debt asset).

A trailing stop is a great method to reduce losses or lock in profits. For example, when one is using these lending protocols to go long on ETH. It’s recommended to combine a trailing stop with a standard stop loss to further minimize potential losses in case of a market downturn. Users can find both of these options available in the dedicated protocol dashboards within the 

Check out the new Trailing Stop automation for Maker and Liquity by 

GAINS Ethereum is outperforming most leading digital assets as the Merge rapidly approaches, with ETH last changing hands for $1,700 — a 14% gain since Sep. 7.

DeFi Lender’s Move Punctuates Overhaul of Model

 MakerDAO’s users can now mint DAI for free. A recent MakerDAO executive vote raised the debt ceiling for its stETH vault to 200M DAI. Maker’s Wrapped stETH vault currently maintains a 0% stability fee, meaning users can create DAI against WstETH collateral without paying any fees on the position to Maker.

A Step-by-Step Guide to the No. 1 Stablecoin in Crypto

 Tether (USDT) offers the familiarity and stability of the dollar, but in digital form, moving across blockchain networks. As one of the first stablecoins of its kind, Tether is the No. 1 stablecoin by market capitalization.

The Block sat down with EthHub’s Anthony Sassano to discuss Ethereum’s ‘social layer’ and its biggest challenges going forward.

Abra, a financial services company and crypto trading firm, 

 the launch of three new products: Abra Bank, Abra International, and Abra Boost.

1/ Last week the Polkadot ecosystem was busy building, deploying, and growing. Check out some of the latest announcements and news from the parachain teams and infrastructure providers in this week's 

This week on the Defiant Podcast we speak to Stany Kulechov, founder & CEO of Aave, one of the first lending protocols in the DeFi space.

On a hot and humid Tuesday night, collectors flocked to a sweltering art gallery in Lower Manhattan.

Binance Enters Zero-Knowledge Race With zkBNB 

Binance’s recently rebranded BNB Chain is the latest smart contract network to throw its hat in the ring to deliver smart contracts powered by zero-knowledge (ZK) proofs.

🧑‍💻 ✍️ Stories in The Defiant are written by Owen Fernau, Aleksandar Gilbert, Samuel Haig, and yyctrader, and edited by Edward Robinson, yyctrader and Camila Russo. Videos were produced by Robin Schmidt and Alp Gasimov. Podcast was led by Camila, edited by Alp.

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Hello Defiers! Here’s what we’re covering today:

News

On Eve of The Merge Skeptics and Supporters Gird for Raft of Changes

ETH Fire Sale Unlikely After Shanghai Upgrade: Nansen

MakerDAO Users To Mint DAI for Free After Debt Ceiling Rises

Markets

Ethe...

🔥 On Eve of The Merge Skeptics and Supporters Gird for Raft of Changes