Curve Finance is on a roll. Both Yearn Finance and Convex Finance are making Curve Finance’s CRV token a key part of the foundation in their revenue models. Users who lock in CRV receive governance rights, trading fees from the automated market maker, and boosted rewards. Curve War The development is no small thing for…

On-Chain Markets Update by Lucas Outumuro, IntoTheBlock When Curve launched back in February 2020, many might have thought a DEX for stablecoins was a niche segment. Fast forward to today and Curve is averaging over $300 million in daily volumes, and has recently seen competing moves from the likes of Uniswap and Coinbase as the…

Paris in the 1910s. New York in the 1950s. London in the 1990s. And now, maybe, just maybe, Foundation in the 2020s…  Artists have long thrived in cultural hothouses where they can trade ideas with peers and debate revolutionary forms of expression with critics, curators, and collectors. Just because digital artists are working remotely through…

ARCx Introduces “DeFi Passport” for On-Chain Credit Scores In a move that could bring DeFi into the mammoth industry of consumer credit scoring, ARCx has introduced an offering that will measure the financial health of customers based on their Ethereum addresses. As the key feature of its Sapphire (v3) release, ARCx will enable “identities issued…

Bored Ape Yacht Club isn’t monkeying around when it comes to NFTs. On June 1, a rare Bored Ape Yacht Club (BAYC) NFT sold on OpenSea for 49.99 ETH, or $128k at the time of purchase. This marks the highest sale yet for a BAYC NFT, putting it in a price range typically reserved in…

First came the tweet, then countless discussions and debates followed. Within days, voila! A governance proposal materialized. This pattern is rapidly becoming the norm for DeFi protocols. This time the initiator was Sam Kazemian, the founder of Frax Finance,  a protocol for a fractional-algorithmic stablecoin. His tweet suggested that Sushiswap, the automated market maker, should…

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 member of the core team at Zapper. The goal is to expose more Defiant readers to new DeFi applications and their associated liquidity mining programs. Background on Protocol: For…

DeFi is going to Washington.  A group of influential Uniswap users are proposing the formation of a DeFi political defense fund to address government action aimed at cryptocurrencies. At the top of the list: the Biden administration’s 2020 budget proposal, which includes a potential expansion of cryptocurrency asset reporting requirements While many investors in the…

A testnet token created a full on mania at CoinDesk’s Consensus 2021 virtual conference last week, in one of the latest signs even valueless coins can spur engagement and help unite communities.  CoinDesk’s $DESK token had been claimed by more than 1,371 addresses by the end of the conference on May 27. Each wallet claimed…

Arbitrum is a L2 scaling solution for Ethereum from Off-chain Labs. It should make it extremely easy for developers to move apps to L2 since no new tooling is required. They just announced their Mainnet Beta so this was a perfect opportunity to get a very first taste of a rollup future. It didn’t go…