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DeFi

Jam Session #1: Wagging the Tail | WTF is Buying this $#*% and Will They Be Buying it in 2024?
DeFi

Jam Session #1: Wagging the Tail | WTF is Buying this $#*% and Will They Be Buying it in 2024?

This is Jam Session No. 1. We’ll be exploring the long term viability of NFTs as artist/creator communities, what we can learn from Hollywood and major platforms like Beats and the bright future of play-to-earn.
Crypto Drops Amid Large-Scale Macro Selloff
DeFi

Crypto Drops Amid Large-Scale Macro Selloff

Crypto prices have taken a hit in the past 24 hours with open finance’s leading index DeFi Pulse Index down 8.14% at the time of writing and Ether down 8.9% in that same span. Bitcoin too is down 6.1%. The selloff comes with the backdrop of a slump in the general equities market — the…
EIP-1559 Locked In With London Upgrade on August 4
DeFi

EIP-1559 Locked In With London Upgrade on August 4

The date is set. The upgrade, called London after Ethereum’s Devcon 1 location, includes the famous improvement proposal.  EIP-1559, as the upgrade is labeled, will go live at block number 12,965,000. The launch date is expected to be August 4. EIP-1559 will change Ethereum’s fee model so that each block will have a set “BASEFEE,”…
ShibaSwap Is Dragging Ethereum By the Tail
DeFi

ShibaSwap Is Dragging Ethereum By the Tail

For any Defiers wondering why gas prices on Ethereum have been so high over the past few days, you can blame it on the dog — $SHIB, that is. The meme coin’s revival through a new swap protocol has driven traffic, and gas costs, through the roof. While most meme tokens that moonshot and then crash…
MakerDAO Rebuts Accusations of Selling Oracle Data
DeFi

MakerDAO Rebuts Accusations of Selling Oracle Data

In the DeFi world, oracles aren’t the seers of Greek myth but handy tools that enable data to flow between blockchains and traditional networks in the form of smart contracts. Now oracles have landed right in the middle of a clash pitting two of the biggest players in the space against one another — Chainlink…
Cronje's Goerli Move Triggers Confusion and Dreams of Instant Wealth
DeFi

Cronje's Goerli Move Triggers Confusion and Dreams of Instant Wealth

Yearn Finance’s founder Andre Cronje triggered a dustup on Twitter yesterday when he announced a new Layer 2 scaling solution for multichain.xyz, a cross-chain token transfer tool. Cronje said multichain.xyz would support Goerli, an Ethereum test network. The announcement has left some users wondering whether their tens of thousands of Goerli ETH are about to…
Partially Collateralized Options using Opyn
Education

Partially Collateralized Options using Opyn

Opyn is a capital efficient DeFi options protocol that allows users to buy, sell, and create options on ERC20s. DeFi users and products rely on Opyn’s smart contracts and interface to hedge themselves against DeFi risks or take positions on different cryptocurrencies.
Live: DeFi 101
Education

Live: DeFi 101

Join us for our first ever livestream – Defiant Weekly is our friday deep dive show and where the video department first began. In this special episode we’re going back to basics and doing a live version of Robin’s now infamous Consensus presentation. We’ll cover the basics of DeFi from LP’s to Collateralized debt positions…
Insane Money and a Hype-Drunk Market: Are NFTs the New ICOs?
DeFi

Insane Money and a Hype-Drunk Market: Are NFTs the New ICOs?

“If you have seven figures in JPEGs…”  Deeze doesn’t have to finish the thought as he scrolls through his gallery of NFTs. The 27-year-old collector doesn’t have his camera on, but his profile photo is an NFT avatar with a hoodie and 3D glasses blowing bubbles from a pipe. It’s an aesthetic he searches for across…
DeFi Rates are Sliding Closer to TradFi Yields
DeFi

DeFi Rates are Sliding Closer to TradFi Yields

DeFi’s borrowing and lending rates are trending downwards, opening questions of what will happen to open finance if yields converge with those of traditional finance. Borrowing rates for USDC have declined to 2.5% and 3.1% on Compound and Aave, from over 15% three months ago, according to LoanScan. Lending rates have suffered similar compression, with…