Day: April 27, 2021

Eminem & Ellen DeGeneres are Latest Celebs Into NFTs

Another week, another batch of celebrities entering the NFT space. Over the past month, we’ve seen Snoop Dogg sell an original NFT music track and art collection, Tony Hawk auction off NFT skateboarding videos, and Paris Hilton (who quietly sold her first NFT for $17k in August, 2020, way before the current market boom) emerge …

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Algo Stablecoin Basis Cash Attempts Turnaround With V2

Basis Cash V2 is launching with the aim of “redesign[ing] from the ground up after a deep analysis of the shortcomings of V1.” The upgrade includes dynamic liquidity incentives instead of the static liquidity rewards from V1, consistent staking rewards to incentivize holders of the Basis Shares (BAS) governance token, and utility for the Basis …

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Solana Gains Most Among Layer 1s in Volatile Week

Solana, the Layer 1 blockchain which touts 50K transactions a second capabilities, weathered last week’s crypto sell off better than most.  The chain’s SOL token is up 42% on the week beating out a rebounding Ether, up 10%, as well as sputtering Cardano, Tron, and Polkadot networks, down 5%, 20%, and 12% respectively at the …

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Solana DeFi Ecosystem Overview

Solana has emerged as one of the handful of smart contracts platforms competing to become a base layer for DeFi applications, with some of its projects gaining traction as its SOL token climbs to the top 15 by market capitalization.  Solana, created in 2017, incorporates a so-called Proof-of-History timing mechanism that facilitates its Proof-of-Stake protocol …

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Defiant Degens: How to Farm stkAAVE Lending and Borrowing on Aave

We will be hosting a weekly tutorial on the most compelling opportunities to consider yield farming, written by our friend DeFi Dad, an advisor to the Defiant and the Chief DeFi Officer of Zapper. The goal is to expose more Defiant readers to new DeFi applications and their associated liquidity mining programs. Background on Protocol …

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