Tokens

Maximum Yield for Stablecoins: Degenbox by Abracadabra Money
Education

Maximum Yield for Stablecoins: Degenbox by Abracadabra Money

Degenbox is a strategic program created by Abracadabra Money to solve the issue of accepting non-interest-bearing tokens. In this tutorial we run through the steps of creating a looping yield mechanism through $UST and $MIM.
BasketDAO's Brand New BMI Stablecoin Product Aims to Revolutionise Treasury Management
Education

BasketDAO's Brand New BMI Stablecoin Product Aims to Revolutionise Treasury Management

BMI is an index of stablecoin yield farms from BasketDAO. It's automatically rebalanced monthly to ensure that yields are high and risk is diversified.
Treasury Troubles Solved: with the UMA range Token
Education

Treasury Troubles Solved: with the UMA range Token

A year ago we were all aping into DeFi farms hunting those precious governance tokens because, you know, NUMBER GO UP. Governance was basically seen as a LARP, a way to shank idiots into believing money really could be conjoured out of thin air. But I’ve become increasingly aware of grumbling around governance, particularly when…
Algorithmic Stablecoins Breakdown: Attempting to Fulfill Satoshi's Dream
Education

Algorithmic Stablecoins Breakdown: Attempting to Fulfill Satoshi's Dream

When Satoshi first published the Bitcoin whitepaper to the world, he titled it “Bitcoin: A Peer-to-Peer Cash System” and although Bitcoin would evolve to adopt the digital gold narrative instead, the dream of creating a fully functional digital cash system has remained. Stablecoins, defined as a subset of cryptocurrencies that are pegged to a specific…
Governance Tokens: Investing in the Building Blocks of a New Economy
Education

Governance Tokens: Investing in the Building Blocks of a New Economy

One of the most important building blocks in DeFi is the governance token. When blockchains have on-chain governance, there is no built-in central entity that controls how any given upgrade is managed. Seeing the opportunity, developers all over the world are creating programmatic systems for on-chain governance, and issuing governance tokens, which give holders the…
Algorithmic Stablecoins
Education

Algorithmic Stablecoins

Stablecoins on Ethereum boast an estimated $20B in liquidity (according to usdonethereum.com) and they show no signs of slowing down in growth.  Stablecoins, examples of which include DAI, sUSD, USDC or USDT, come in all sorts of varieties: decentralized vs centralized, backed 1:1 by dollars vs overcollateralized vs reportedly undercollateralized (in the case of USDT).…