A MakerDAO proposal to accept an ERC-20 token which represents shares in a pool of real estate assets as collateral in the Maker protocol passed yesterday. The use of real-world assets in DeFi is a first and is a major step in bringing the trillions of dollars worth of physical assets into the open finance…

Ether and the most popular DeFi metrics are all smashing through new records. Ether continues to push higher, hitting a record of $2487 earlier today, according to CoinGecko. Rising ETH prices is pushing total value locked in DeFi to a new high in dollar terms of $55.9B. ETH locked in DeFi hit an all-time high…

zkSync introduced an Ethereum Layer 2 solution called zkPorter yesterday promising to push the blockchain’s transactions per second (TPS) capabilities to over 20,000. This would put Ethereum within striking distance of Visa, which says its network can handle 24,000 TPS.  “To bring true scalability, we need an exponential gain in throughput,” the team wrote in…

The Ethereum Berlin hard fork ships tomorrow. The upgrade contains four Ethereum improvement proposals (EIPs) mainly aimed at optimizing gas costs, and is the first of its kind since Muir Glacier shipped on Jan. 2 2020. “Hard forks” are a result of distributed networks like Ethereum upgrading or making changes in their software. Node operators…

Coinbase listed its stock today on the Nasdaq exchange at $381 per share and an initial market cap of $99.6B, marking the historic first entry of a crypto exchange onto the US stock market. The Coinbase listing is expected to draw a major new wave of investor interest towards crypto markets. Coinbase stock, ticker COIN,…

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We will be hosting 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:…

DeFi is catching the attention of the mainstream consumer, as NFTs draw artists in and Elon Musk to Mark Cuban sing its praises. Introducing DeFi to consumers has been both a design and messaging challenge due to the technical comprehension required. Yet the rate of production and adoption may be converging. In the last week…

PancakeSwap, a Binance Smart Chain automated market maker, surpassed Uniswap’s total value locked for the first time yesterday hitting $7.87B, a mark $100M higher than the Ethereum AMM. That makes the BSC-based AMM the largest by assets locked. PancakeSwap’s TVL is more than 53 times larger than it was three months ago when the AMM…