Day: May 18, 2021

Defiant Degens: How to Yield Farm with Curve LPs in Convex Finance

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 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: Convex Finance …

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sell

Crypto Market Downturn Mostly Shakes Out Short-Term Bitcoin Traders

It’s been a rough week for the crypto market̶ and it appears to be at the hands of “n00bs.”  Ethereum’s ETH is down 15% from its all-time high of $4,356 on May 12, trading just above $3,300 at the time of writing. And Bitcoin has been hit especially hard with a 25% loss over the …

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Aave Hints at New Institutional Product

Aave is hinting at a new product for allowing institutions to practice DeFi. On Monday, Aave founder Stani Kulechov tweeted the words “Aave Pro for institutions” alongside a cryptic screenshot. According to Aave full-stack blockchain developer Emilio Frangella, the screenshot depicts the “technical implementation of an experimental version of the Aave protocol for institutions.” He …

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binance smart chain

What Is Binance Smart Chain? Low Transaction Fees But Fickle DeFi Users

As the crypto sell-off continues, the Ethereum community has been more resilient than the Binance Smart Chain ecosystem, even though BSC enthusiasts tout the blockchain as a cheaper, faster alternative to Ethereum.  While TVL on Ethereum had dropped 13% to $104.4B from $120B, Binance TVL had dropped 44% to $20B from $36B, according to data …

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security

Polygon’s Rise Comes with Increased Scrutiny of the Scaling Solution’s Security

Polygon, which in the past month soared to become the most popular Ethereum scaling solution, is coming under fire as critics say it is too centralized to be considered secure.  Ethereum scaling solutions are crucial for decentralized finance to continue to grow, as using dapps directly on the network is becoming prohibitively expensive. Scaling solutions …

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