DeFi

DeFi
Eminem & Ellen DeGeneres are Latest Celebs Into NFTs
Another week, another batch of celebrities entering the NFT space. Over the past month, we’ve seen Snoop Dogg sell an original NFT music track and art collection, Tony Hawk auction off NFT skateboarding videos, and Paris Hilton (who quietly sold her first NFT for $17k in August, 2020, way before the current market boom) emerge…

DeFi
Algo Stablecoin Basis Cash Attempts Turnaround With V2
Basis Cash V2 is launching with the aim of “redesign[ing] from the ground up after a deep analysis of the shortcomings of V1.” The upgrade includes dynamic liquidity incentives instead of the static liquidity rewards from V1, consistent staking rewards to incentivize holders of the Basis Shares (BAS) governance token, and utility for the Basis…

DeFi
Solana Gains Most Among Layer 1s in Volatile Week
Solana, the Layer 1 blockchain which touts 50K transactions a second capabilities, weathered last week’s crypto sell off better than most. The chain’s SOL token is up 42% on the week beating out a rebounding Ether, up 10%, as well as sputtering Cardano, Tron, and Polkadot networks, down 5%, 20%, and 12% respectively at the…

Education
Solana DeFi Ecosystem Overview
Solana has emerged as one of the handful of smart contracts platforms competing to become a base layer for DeFi applications, with some of its projects gaining traction as its SOL token climbs to the top 15 by market capitalization. Solana, created in 2017, incorporates a so-called Proof-of-History timing mechanism that facilitates its Proof-of-Stake protocol…

DeFi
Defiant Degens: How to Farm stkAAVE Lending and Borrowing on Aave
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
Magic Money: The Mystical World of Anchor, Alchemix, and Gyroscope
In last week’s episode we ventured into the dark forest where nothing at all was what it seemed and unimaginable horrors lurked round every corner. Well this week we’re labouring the fantasy metaphor yet further with a languid lunge through illusion magic and scarcely credible financial finagling in what critics are already calling the David…

DeFi
Liquidators: The Silent Killers of DeFi
Liquidators are the silent killers of DeFi city. They operate in the shadows patrolling the block to keep the city moving and earning a pretty penny for doing so. Unlike miners or validators liquidators need no capital of their own. This has created a brotherhood of pro-executioners, jacking in from anywhere in the world to…

DeFi
ETH Roller-Coaster Week Frays Nerves as Fundamentals Strengthen
It’s been a wild week for the DeFi traders, with ETH experiencing a mini bear-bull cycle over the course of just a few days. After reaching a then all-time high above $2,500 last week after Coinbase was listed, ETH took a dive over the weekend hitting lows just above $2,050. But this week, ETH has…

DeFi
Wyoming is Turning Into the Delaware of Digital Assets
By Tyler Whirty and Kevin Nielsen Wyoming’s bid to be the “Delaware of digital assets” continued this week. Governor Mark Gordon signed bill SF38 into law on Wednesday, making Wyoming the first state in the country to address the legal treatment of decentralized autonomous organizations, or DAOs. What exactly does that mean? DAOs are entities…
