Element Finance is a decentralized protocol that allows users to buy assets (BTC, ETH, USDC, DAI) at a discounted price. The protocol allows users to create liquidity and trade these discounted assets to allow buyers to earn fixed rates. The Element protocol does not require trusted intermediaries and allows for fast and efficient trading of…

This is a weekly tutorial on the most compelling opportunities in yield farming, written by our friend DeFi Dad, an advisor to The Defiant. The goal is to expose more Defiant readers to new DeFi applications and their associated liquidity mining programs. Background on Protocol: If there’s one word to describe crypto markets, it is…

It’s grim times for DeFi tokens but as prices plunge, protocol revenue remains stable.   The DeFi Pulse Index, which tracks the performance of 14 key tokens including Uniswap and Maker, has skidded 31% in the last seven days and 6.5% in just the last 24 hours, compared with a 2.1% decline for ETH from yesterday. …

On-Chain Markets Update by Lucas Outumuro, IntoTheBlock Yearn Finance is quickly turning into an asset management behemoth. Propelled by its thriving community, Yearn’s fundamentals are looking stronger than its traditional finance counterparts.   After recently hitting a new all-time high of $5 billion+ in TVL, Yearn also broke its highest monthly revenues.  Making over $10 million…

Investors continue to have an appetite for NFT collectibles despite the recent downturn in crypto markets. Wicked Craniums, an Ethereum-based, algorithmically-generated NFT project, launched on June 20 and all 10,762 pieces were sold out within the first 30 minutes. The NFTs were available to mint for 0.06 ETH, bringing the total raised by the project…

It isn’t often that a market player appeals to the morality of its customers to correct a mistake. But that’s what’s unfolding this week as Alchemix Finance made traders an offer to iron out the alETH debacle that unfolded on June 16. Alchemix Finance recently launched alETH, a synthetic yield derivative that lets DeFi users…

Convex allows Curve.fi liquidity providers to earn trading fees and claim boosted CRV without locking CRV themselves. Liquidity providers can receive boosted CRV and liquidity mining rewards with minimal effort.

The explosion of activity in DeFi markets over the last year highlighted both possibilities and problems inherent to blockchain systems, including the phenomenon of miner—or maximal—extractable value (MEV). Since January of this year, MEV amounts to at least USD $370 million, though some sources say the real value is likely higher.  For the technically inclined,…

Today we’re covering Karura but in order to understand it we have to define its relationship to Kusama as well as Kusama’s relationship to Polkadot, not to mention Karura’s relationship to Acala. But I’ll do my best to make it as clear as possible because what’s being built here, particularly in DeFi could be really…

In this week’s episode, I speak with Soona Amhaz of Volt Capital. Soona saw the value of crypto from very close when her family lost most of their savings after Lebanon’s currency crashed. She immediately told them to move their money to Bitcoin to protect themselves against further currency devaluation and currency controls. She was working on…