DeFi
October 07, 2020

DeFi
Snapshot Gets $200k From Aragon and Balancer for Governance Standards
Off-chain voting solution Snapshot got a stimulus boost thanks to $200k in funding from Aragon and Balancer yesterday afternoon. Both teams have pledged $100k in their native tokens, ANT and BAL, into a 50/50 Balancer pool to be used by Snapshot for future funding. @SnapshotLabs to get $200k in funding in a 50/50 BPT of…
October 07, 2020

Education
Ethereum DeFi Projects Map
DeFi is a growing ecosystem of protocols and applications, which are delivering value to several thousands of users, and transacting the equivalent of hundreds of millions of dollars in digital assets, every day. The very foundations of a new financial system are being laid, with applications that enable everything from simply making transfers and payments,…
October 07, 2020

DeFi
DeFi is About to Get More Tokenized Indexes
Set Protocol is doubling down on the success of the DeFi Pulse index by launching a new project – the Index Coop – focused on creating accessible crypto indexes. Tokensets, a platform for users to purchase sophisticated trading strategies in the form of ERC20 tokens called Sets, recently deployed the DeFi Pulse Index (DPI), a…
October 06, 2020

DeFi
MetaMask Adds Native Token Swaps
MetaMask, the most popular Ethereum wallet, is often used as a gateway to DeFi but today it becomes part of the growing financial ecosystem itself as it introduces the ability to swap tokens directly on the app. MetaMask will source its liquidity across decentralized exchanges and DEX aggregators with the aim of providing the best…
October 05, 2020

Education
A DeFi Introduction: Getting Started in DeFi
In this guide we’ll be helping you take your first steps into the boundless world of Decentralized Finance, better known as DeFi. DeFi is a growing movement which has the potential to democratize access to financial services. This emerging ecosystem is being built on global, public and distributed networks such as Ethereum, and uses smart…
October 01, 2020

DeFi
BitMEX Charges Highlight Case for Real DeFi
CFTC charges against BitMEX are bound to push more cryptocurrency projects towards decentralization — but that means actual* decentralization. The Commission today filed charges against BitMEX and its owners and operators including CEO Arthur Hayes for operating a trading platform without CFTC approval, and for failing to implement know-your-customer procedures, a customer information program, and…
October 01, 2020

DeFi
DeFi Forks Are Moving Beyond Copy and Paste
In the last month, almost every major DeFi project has been forked. Some of the forks have even been forked themselves. But do these near-copies of projects actually add any value? Or are they simply opportunistic money-grabs? Like many things in life, the truth isn’t always clear-cut. Each fork, from SushiSwap, to Swerve, to Cream,…
September 30, 2020

Education
What is DeFi? A Decentralized Finance 101
Decentralized finance, or DeFi, is the ecosystem of financial applications being built with blockchain technology and without banks. Money lives in cages: Each financial system is locked within its own geographical borders and even then only some can access it. It’s also a system built on top of ancient technology; all the money transmitting protocols…
September 29, 2020

DeFi
Andre Cronje Diehards Take "Test in Prod" Over The Edge With $15M Hack
The latest ‘test in prod’ experiment from Yearn founder Andre Cronje has many degen traders questioning their YOLO nature following a flash loan attack of contracts which hadn’t been officially released to the public yesterday afternoon. Eminence Finance, an NFT gaming ecosystem which was still in development, was exploited by a hacker who stole $15M...
September 29, 2020

DeFi
The State of Stablecoins in DeFi: A Deep Dive by DappRadar
Stablecoins are one of the fastest-growing asset types in the crypto world. The purpose of these cryptocurrencies is to track a particular peg (usually the dollar) minimizing volatility and providing a convenient unit for transacting. They have become the lifeblood of the DeFi ecosystem and may look to take over other sectors like remittance and…