Ellipsis Finance, an authorized fork of Curve Finance, launched yesterday on Binance Smart Chain (BSC).The protocol is an exchange for stablecoins and its launch doc promises traders “very low slippage and minimal fees.”  As the protocol is an “authorized fork,” holders of veCRV, Curve’s governance token which earns trading fees and liquidity provider rewards, will…

It’s become a consensus view that the use case for cryptocurrencies becomes stronger in emerging economies, which are more often plagued with authoritarian regimes and devaluing currencies than developed nations. If that’s the case, then DeFi builders aren’t reaching the audience that needs them most. Developing nations made up only 10% of the biggest DeFi…

Anchor protocol aims to deliver a fixed rate of 20% APY on your deposits. A huge improvement over traditional savings accounts in trad fi. As always, please exercise caution and common sense. This is NOT financial advice.

Uniswap has mapped out what is perhaps the most anticipated DeFi product launch of the year with its post introducing its version three (V3) iteration.  The team confirmed what many hoped: following a targeted May 5th launch, a deployment to Optimism’s Layer 2 scaling solutionis “set to follow shortly after.”  As Uniswap trades currently cost…

Float Protocol has over $1B of cryptocurrency locked in its contracts after less than a day since the project’s phase two distribution event began. The locked cryptocurrency “will not be used for anything,” according to the launch post, except to “distribute BANK, build an active user base, and provide signaling.”  BANK itself will be used…

BitClout, a blockchain-based social networking platform branding itself on the ability to speculate on celebrities’ social media presence with real money, officially launches today.  But while BitClout’s novel premise has drummed up support amongst big-name investment firms, its password-locked pre-launch allowing insiders to access the platform and buy its token prior to the public release,…

Successful NFT Marketing Combines Cultural Awareness With Established Skill Sets Image: Fewocious and Digital Sneakers Courtesy RTFKT The recent release by Taco Bell of a series of crypto art pieces and the deep dive by Gary Vaynerchuk into all things NFT signals the entry of corporate marketing into NFT Land. Though not the first indications of corporate…

Step into crypto and it can feel like you’re throwing your life to the gods of thunder. I’m here, you say, take me, throw me into the void. And, ape that you are, you keep walking towards that edge.

In this week’s episode we speak with Antonio Juliano, founder and CEO of dYdX, one of the biggest decentralized exchanges on Ethereum, focusing on derivatives. dYdX recently made news by being one of the first major DeFi projects to move to Layer 2.  One of the main goals for his team this year will be to further…

“Bitcoin billionaire” Tyler Winklevoss of Gemini submitted a governance proposal on a community forum for GUSD to be used as stablecoin collateral for loans on AAVE. Currently, GUSD can only be borrowed.  GUSD is a stablecoin that maintains value by holding one USD in reserve for each stablecoin issued. By using GUSD as collateral, borrowers…