Lido Rides Liquid Staking Wave to Become Largest DeFi Protocol
Hello Defiers! Happy Tuesday! Here's what we are covering today.
News
- Lido Rides Liquid Staking Wave To Become Largest DeFi Protocol
- Ethereum Devs Prime Beacon for ETH Withdrawal
- Yearn Finance Releases Permissionless Vault Factory
- Withdrawals and Layoffs at Huobi Spark Concern
- L2BEAT Report Takes Aim At LayerZero’s Security Model
Markets
Video
- Ethereum’s Shanghai Upgrade is coming
- The New Year Opened With a Market Surprise and a Tightening Crackdown
DeFi Explainers
Podcast Archives
Today’s Sponsors
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News
Ethereum Staking
Lido Rides Liquid Staking Wave To Become Largest DeFi Protocol
LDO, RPL, FXS and SWISE Outperform Broader Markets
Lido Finance briefly topped Maker as the largest DeFi protocol this week amid surging interest in liquid staking protocols.
Read the full story in The Defiant
Ethereum Staking
Ethereum Devs Prime Beacon for ETH Withdrawal
ETH Stakers May Be Able to Initiate Withdrawals in March
By Samuel Haig
Stakers may soon be able to withdraw Ether from the Beacon chain, with Ethereum’s devs aiming to deliver the long-awaited upgrade this quarter.
Read the full story in The Defiant
Sponsored Post
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Market Action
Crypto Kicks Off The Week With Broad-Based Rally
Layer 1 Tokens Outperform
Crypto markets are building on the momentum from last week, with most top-20 tokens by market capitalization posting gains over the past 24 hours.
Read the full story in The Defiant
EVM
EIP-5988 Poised To Improve ZK-Rollups’ Compatibility With Ethereum
Vitalik Emphasizes Need For Stability Of Ethereum’s Virtual Machine
By Samuel Haig
In a development that may reduce the costs of scaling up Ethereum, momentum is gathering behind a new plan for improving the interoperability between the Ethereum Virtual Machine (EVM) and ZK-powered rollups.
Read the full story in The Defiant
DeFi Protocols
Yearn Finance Releases Permissionless Vault Factory
Factory Vaults To Include Preset Strategies and Reduced Fees
By Owen Fernau
As DeFi winter grinds on, Yearn Finance, one of the space’s most venerable protocols and a pioneer of yield aggregation with $363M in total value locked, continues to push forward with its roadmap.
Read the full story in The Defiant
Crypto Stress
Withdrawals and Layoffs at Huobi Spark Concern
Solvency Fears Mount At Yet Another Centralized Exchange
By Owen Fernau
Alongside a slew of rumors, a spike in withdrawals from Huobi, a top-ten crypto exchange by volume, are raising doubts that yet another centralized exchange is on shaky financial footing.
Read the full story in The Defiant
Blockchain Messaging
L2BEAT Report Takes Aim At LayerZero’s Security Model
Cross-Chain Protocol Dismisses Claims
By Owen Fernau
LayerZero, a protocol which enables messaging across blockchains and is used by applications entrusted with hundreds of millions of dollars, drew scrutiny on Jan. 5 for a purported security flaw.
Read the full story at The Defiant
Defiant Video
Daily Defiant
Ethereum’s Shanghai Upgrade is coming
Weekly Recap
The New Year Opened With a Market Surprise and a Tightening Crackdown
Podcast Archive
Ali Yahya of a16z: “We’ve Entered The Golden Era Of Blockchain Applications”
DeFi Explainers
What Are DeFi Derivatives?
A Primer on High-Risk Instruments Used in Decentralized Finance
As their name suggests, derivatives are financial instruments that enable investors to bet on the behavior of underlying assets, whether they are stocks, bonds, commodities, or cryptocurrencies.
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