DeFi

DeFi
Aave Liquidity Mining Catapults Lender to Become Top DeFi Protocol
On-Chain Markets Update by IntoTheBlock Almost a year since the initial release of COMP fueled DeFi Summer, Aave’s governance voted to implement a similar incentive program. The effects were just as momentous. Aave’s total value locked more than doubled within less than two weeks. As of May 5, 2021 through IntoTheBlock’s DeFi Insights This sharp…

DeFi
Uniswap Spearheaded the First AMM Era; its V3 May Usher in a New One
Uniswap launched its third and most comprehensive update yet. This new version of DeFi’s largest decentralized exchange by traded volume has the potential to usher in a new era for automated token swaps. The most notable change is that with Uniswap V3 decentralized trading becomes more capital efficient as liquidity providers can now set price…

DeFi
Meebits’ $1.4M Sale Has Crypto Artists Calling Bubble
Meebits has everything an NFT investor could ask for ––random computer-generated traits to assign uniqueness and scarcity, the pedigree of the CryptoPunks maker and their community, and extremely cool-looking creatures many crypto enthusiasts would want to have as an avatar. But is that all worth $1.4M for a single token? Artists in the NFT community…

DeFi
Curve Finance Token Holders are Reaping Rewards
Curve Finance users are getting a steady stream of rewards lately. In the last month, holders of the Curve voting token veCRV have gotten news of airdrops from two separate projects. Frozen Yoghurt, a Curve Finance fork, launched this week on the Fantom blockchain, but the project will airdrop its token, FROYO, to holders of…

DeFi
$100k NFT Offers Blueprint for Hypothetical Moon House
Have you ever wanted to go to the moon and reach those crypto prices with your own hands? Well strap into your spaceship, because millionaire, serial IT entrepreneur Roman Kropachek has an NFT for you. “Moon house concept by Roman Kropachek” is more than just an NFT; it’s an experimental art and architecture project. Billed…

DeFi
S&P Dow Jones Adds Bitcoin and Ether Indices With ETF Providers Lining Up
The S&P Dow Jones Indices, the maker of likely the most widely referenced indices in finance, has added three crypto indexes to its offerings. The firm added the S&P Bitcoin, Ethereum and Crypto Mega Cap––a combination of BTC and ETH–– indices. The benchmarks can be used by the financial industry to track the underlying assets’…

DeFi
Defiant Degens: How to Yield Farm Betting on the Growth of the Crypto Market Cap
We will be hosting a weekly tutorial on the most compelling opportunities to consider yield farming, written by our friend DeFi Dad, an advisor to the Defiant and the Chief DeFi Officer of Zapper. The goal is to expose more Defiant readers to new DeFi applications and their associated liquidity mining programs. Background on Protocol:…

DeFi
Here's What's Driving the Price of ETH
Queue your rocket emojis, because ETH is flying. ETH broke through the $3k milestone on Sunday and reached a new all-time high above $3,300 on Monday with its market cap just under $3.8B. Now, some DeFi community members are saying that ETH at $10k is on the horizon. But ETH’s massive price surge hasn’t been…

DeFi
Maker Foundation Transfers Funds to DAO in Decentralization Push
The Maker Foundation is sending 84K MKR tokens, worth $512M at the time of writing, to its DAO’s Treasury. The move is a major step towards further decentralizing the protocol. MKR holders will now decide via governance how the 84K tokens will be spent. Tokenholder governance will also oversee employees who were previously supported by…

Education
Use DeFi Without Spending Any Money
Using InstaDapp‘s built in DeFi simulator you can get a feel of how lending, borrowing, and liquidity providing works in DeFi.