RAI Founder Rues 'Mistake' on Ethereum
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- RAI Founder Rues ‘Mistake’ of Dependency on ETH
- Soulbound Tokens Come Into Their Own With Pudgy Penguins Move
- MakerDAO Set To Deposit $100M In Bespoke Yearn Vault
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Stablecoins
RAI Founder Rues ‘Mistake’ of Dependency on ETH
Market Caps and Volume Crater for Stablecoins RAI and Liquidity USD
By Samuel Haig
The Tornado Cash sanctions case was supposed to be a boost for censorship-resistant, decentralized stablecoins. It hasn’t worked out that way.
Six months after the U.S. Treasury Department sanctioned the crypto mixer and triggered a wave of blacklisting across the sector, the market cap and trading volume for two key decentralized stablecoins are down.
Read the full story in The Defiant
DeFi Lending
GHO to Arrive ‘In Weeks’ After Aave V3 Launch on Ethereum
Kuchelov Tells The Defiant Aave Stablecoin Will Boost Revenue
Aave, the largest decentralized lending protocol, is expected to launch on Friday the latest version of its software on Ethereum, a move that will pave the way for its stablecoin, GHO.
Read the full story in The Defiant
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SBTs
Soulbound Tokens Come Into Their Own With Pudgy Penguins Move
Buterin Big Supporter of Non-transferable Version of NFTs
By Samuel Haig
The search for NFT utility beyond social media avatars and, at times, questionable, digital art is inspiring many developers to explore the nascent domain of soulbound tokens.
Read the full story in The Defiant
DeFi Deals
MakerDAO Set To Deposit $100M In Bespoke Yearn Vault
Partnership Between DeFi Stalwarts Must Be Confirmed By Executive Vote
The MakerDAO community has greenlit a proposal to deposit $100M of USDC from its Peg Stability Module (PSM), which holds reserve assets backing the DAI stablecoin, into a tailor-made noncustodial Yearn vault.
Read the full story in The Defiant
Opinion
NFTs
NFTs Set to Go Local and Physical
As NFTs Enter “Phygital” Era Creators May Garner More Rights Over Their Work
There’s no question that NFTs have become synonymous with hype — and with the booms and busts that are so inherently tied to the crypto sphere. Yet, NFTs are gaining new ground beyond the realm of NFT profile picture (PFP) projects alone: the technology behind digital collectibles gives creators more options than ever to engage with their community.
Read the full column in The Defiant
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Daily Defiant
Why Uniswap wants Binance Smart Chain
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An Inside look into Solana After FTX’s Collapse
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What is Vertex?
A Sponsored Primer on a Key Decentralized Trading Platform
The FTX collapse injected doubt into the very concept of centralized platforms. In contrast, decentralized exchanges offer both transparency and self-custody. But how can DEXs bridge the liquidity gap that CEXs offer?
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