Balancer unveiled its V2 protocol upgrade, offering a generalized AMM solution for DeFi liquidity. Balancer allows users to create token pools with flexible constituents, weights and trading fees. With V2, Balancer will aggregate all its liquidity in one vault, while users will maintain an internal balance of the tokens they hold. The change is meant…

Synthetic assets trading in decentralized finance is picking up after stock buyers were locked out of traditional markets last week. Platforms like Mirror, FTX, and Synthetix, which are live, and others still in the works like Injective Protocol, allow investors to gain access to traditional stocks and assets via tokens which replicate their price.  Daily…

Did Robinhood freeze your account? Do you want to buy stocks but you can’t? Well, that’s exactly why we have DeFi — it’s permissionless, it’s trustless, no one can freeze your account here. In this tutorial we take a look at how to buy stocks using Mirror Protocol. Mirror Protocol is a synthetics protocol providing…

Yearn Finance token holders voted for the protocol to mint 6,666 new tokens, prioritizing the implementation of a funding model for contributors over keeping a hard cap. Holders of 1.66k YFI (83.4%) voted “yes,” compared with 330.5 YFI (16.6%) voting “no,” on the off-chain governance tool Snapshot. In a recent proposal, Yearn Finance laid out…

A new twist on NFTs might hold the potential to change the entire nature of freelance writing. Mirror is a new publishing platform, akin to an open source, DeFi-oriented take on Medium. The platform will allow individual writers to crowdfund their work by minting their essays as NFTs.  Backers will be able to exchange ETH…

NFT collectors are flocking to get their hands on Hashmasks – a collection of 16,384 unique digital portraits. Each portrait features a combination of five traits with different levels of scarcity. The sale window opened with seven price tranches, quickly breaching the 100 ETH threshold and selling out yesterday morning for a total of $14M…

Goldfinch, a newly launched DeFi lending protocol focusing on loans without collateral, today announced a $1M funding round and progress on its pilot lending program in emerging markets.  Goldfinch, which launched in December, said it’s working with PayJoy in Mexico, Aspire in Southeast Asia, and QuickCheck in Nigeria, which have collectively drawn down $1M from…

The first ever DeFi mortgage may have just gone through.  An engineering lead at a top DeFi protocol, who asked to remain anonymous to keep his personal finances private, on Jan. 22 paid off his mortgage loan with Commonwealth Bank of Australia, and now is paying down his refinanced home loan through DeFi protocol Notional…

Last year, my team and I set out to create a  marketplace that leveraged crypto to give creators a direct stake in the rising value of their work.  Going into it, we knew it would be a challenge to build a platform that was easily accessible to a non-crypto audience. Most creators—and the audiences who…

This article was written together with Ledger, a hardware wallet and application to securely buy, sell, exchange, stake, lend & manage your crypto. Owning crypto is a path made of security choices. By saying owning crypto, we mean owning your private keys. And by security choices, we refer to the way you chose to secure…