News Archives - The Defiant

Teens Controlling Multi-Million-Dollar DeFi Protocols Are Not Playing Around

Leave a Comment / Dive, News / By Owen Fernau / May 6, 2021 May 6, 2021 / Rari Capital, Teens

As a teenager, I was mostly concerned with getting decent grades, obtaining terrible liquor, and attracting girls with a rock band despite only playing the saxophone. Today, teenagers are running multi-million dollar DeFi protocols. Jai Bhavnani, 19, David Lucid, 20, and Jack Lipstone, who just turned 20, founded Rari Capital in April 2020, less than …

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Aave Liquidity Mining Catapults Lender to Become Top DeFi Protocol

Leave a Comment / Dive, News / By Lucas Outumuro / May 6, 2021 May 6, 2021 / Aave, Liquidity Mining, Markets

On-Chain Markets Update by IntoTheBlock Almost a year since the initial release of COMP fueled DeFi Summer, Aave’s governance voted to implement a similar incentive program. The effects were just as momentous. Aave’s total value locked more than doubled within less than two weeks. As of May 5, 2021 through IntoTheBlock’s DeFi Insights This sharp …

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Uniswap Spearheaded the First AMM Era; its V3 May Usher in a New One

Leave a Comment / Dive, News / By Owen Fernau / May 6, 2021 May 6, 2021 / Protocol Upgrade, Uniswap

Uniswap launched its third and most comprehensive update yet. This new version of DeFi’s largest decentralized exchange by traded volume has the potential to usher in a new era for automated token swaps. The most notable change is that with Uniswap V3 decentralized trading becomes more capital efficient as liquidity providers can now set price …

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Meebits’ $1.4M Sale Has Crypto Artists Calling Bubble

Leave a Comment / Dive, News / By Clyde F. Smith / May 5, 2021 May 6, 2021 / Meebits, NFTs

Meebits has everything an NFT investor could ask for ––random computer-generated traits to assign uniqueness and scarcity, the pedigree of the CryptoPunks maker and their community, and extremely cool-looking creatures many crypto enthusiasts would want to have as an avatar. But is that all worth $1.4M for a single token? Artists in the NFT community …

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