Curve’s Stablecoin Trades Within 0.5% Range For First Month

MakerDAO Mulls Proposal To Boost DAI Savings Rate

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

Unsecured DeFi Lenders Look Shaky in Face of FTX Contagion

Disclosing Reserves May Backfire for Centralized Exchanges

FTX Confirms Justice, SEC Probes in Bankruptcy Filing

FTX Deployer Transfers $400M of FTT Tokens

FTX Hacked for at Least $650M in Mega-Heist Friday Night

Solana Discloses Losses From FTX Collapse

FTX-Backed Bitcoin and Ether Tokens Depeg On Solana

Markets Rally After Binance Proposes ‘Industry Recovery Fund’

A Recipe for Making DeFi Lending Sustainable and Stable

FTX Saga Update: Binance Recovery Fund, Crypto.com Reserves, FTX Hack

Weekly Recap: The Fall of FTX – everything we know so far

Crypto Lender BlockFi Suspends Withdrawals

SBF Surfaces With Apology and Details on FTX’s Condition

Investors Bargain Hunt as Inflation Report Spurs Market Rally

Solana Ecosystem Facts Related To FTX Bankruptcy: Solana

Let’s Actually Commit to Proofs of Reserve This Time, Okay?: CoinDesk

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Alameda Owes DeFi Lenders $13M as TVL Drops for Major Players

 The fallout from FTX’s collapse is just starting and within decentralized finance, platforms enabling unsecured loans are the most exposed relative to collateralized counterparts with millions in loans on the line, while total value locked slides.

👉READ THE FULL STORY IN THE DEFIANT.IO👈

DeFi Derivatives Surge as Traders Flee Exchanges

 Crypto markets rallied early Monday after Binance CEO Changpeng Zhao (CZ) proposed to create an “industry recovery fund” that would invest in companies struggling to stay afloat in the wake of FTX’s collapse. Major cryptocurrencies spiked after Zhao’s 

 just after 1:30 a.m. New York time, despite few details about the proposed fund.

Liquity’s Chicken Bonds enhanced yield with DeFi Saver

 is an all-in-one dashboard for creating, managing and tracking positions with automatic liquidation protection and leverage management options for only the most trusted DeFi protocols, Liquity among them.

Liquity, interest-free borrowing protocol built on Ethereum, recently introduced a novel product offering 

. Chicken Bonds are a new, innovative form of bonding mechanism in DeFi.

 to those willing to bond their Liquity native stablecoin LUSD. In exchange for depositing and bonding LUSD, users accrue boosted LUSD (bLUSD), derivative token.

Primary benefit for bonding LUSD instead of supplying to Liquity’s Stability Pool is the 

 users get from Liquity’s internal liquidation mechanism as well as from other liquidity sources like the pools in Curve. Alongside improved liquidity for the LUSD stablecoin, the most important benefit to users is 

bonding with no time commitment or maturity

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 at any time, renouncing the accrued interest. The other option being to 

 and claim accrued bLUSD, forgoing the initial LUSD deposit.

As the most comprehensive decentralized frontend for Liquity, 

 continues its devoted support with dedicated Chicken Bonds dashboard and advanced protocol actions and strategies. Alongside basic actions, DeFi Saver offers users options to Claim and Sell bLUSD or Rebond (Claim, Sell and create new bond). DeFi Saver team is even preparing automation options for the new Liquity innovation.

Get the most out of your Liquity experience with 

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

News

Unsecured DeFi Lenders Look Shaky in Face of FTX Contagion

Disclosing Reserves May Backfire for Centralized Exchanges

FTX Confirms Justice, SEC Probes in Bankruptcy Filing

FTX Deployer Transfers $4...

😬 Unsecured DeFi Lenders Look Shaky in Face of FTX Contagion