Yearn Finance users have sent a clear message — buy more Ether. More than 82% of voters in Yearn’s online poll have urged the platform to accumulate more of Ethereum’s ETH and strike a better balance with its native token, YFI.  The poll supports buying Ether as an extension of Yearn’s Buyback and Build proposal…

What were they thinking? When billionaires Elon Musk and Michael Saylor met behind closed doors with some of North America’s biggest Bitcoin miners on May 24 they were asking for trouble. The two Bitcoin champions were certainly confronting a big problem: In recent weeks the long simmering concerns about the soaring amount of power consumed…

After 14 days of mayhem in the crypto markets, DeFi investors have stopped hyperventilating.   Yes, it’s true that Ether lost more than half its value in the last two weeks, hitting $1,853 on May 23. That’s a pretty heavy drop even in the wild and woolly world of crypto. Then it jumped 40% to $2,591…

Gitcoin has been funding open source projects for a more decentralized web since 2017 and now it’s decentralizing itself. Yesterday the Ethereum-focused startup announced it will be now governed by a DAO and holders of its new token, GTC. The first step in this gradual decentralization was to issue 100 million GTC tokens, 15 million…

Lossless is the first DeFi hack mitigation tool for token creators. Lossless Protocol freezes fraudulent transaction based on a set of fraud identification parameters and returns stolen funds back to the owner’s account.

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: Ribbon Finance…

The defacing of the website for DeFi100-Rebase, a Binance Smart Chain-based index token, has sparked a flurry of speculation about a possible heist and a brazen rug pull.   On May 22, a message materialized on the DEFI 100 website homepage reading: “WE SCAMMED YOU GUYS AND YOU CANT [sic] DO SHIT ABOUT IT HAHA…All you…

Crypto markets went haywire last week and while extreme volatility is expected from most tokens, stablecoins are the one category designed to peacefully weather the storm. The stablecoin issued by the Terra network, UST, got mixed marks as it dipped well below its peg. UST dropped to as low as $0.89 on May 19, or…

Anchor savings has no minimum deposits, account freezes, or signup requirements – it can be used by anyone in the world with access to the internet. Anchor’s money market is a Compound-inspired lending protocol for lending out deposited Terra stablecoins to borrowers. Anchor sources its deposit yields from bAsset-collateralized loans, where rewards of their bAsset…

In a week where the entire market was gapping down, a curious case was how Index Coop’s indexed token ETH 2x – FLI did not reflect this price action proportionally in relation to its methodology, i.e. if ETH is up X, this index token should be up 2x, while if it’s down X, the FLI…