AMM - Recent articles
Loading...
New Aave AMM Market Allows Users to Borrow Against Liquidity Provider Tokens
Aave launched a market yesterday which will allow users to deposit liquidity provider (LP) tokens from automated market makers (AMM) and use them as collateral for borrowing. The market, called AMM Market, initially accepts deposits for 14 of Uniswap’s, and two of Balancer’s LP tokens. It has over $5M currently locked in its smart contracts…
Loading...
New AMM Saddle Had Bit of a Rocky Start
Everybody hates slippage. That’s the problem Saddle, the freshly launched dApp “designed to enable efficient trading between pegged value crypto assets,” aims to tackle. And while the project quickly reached its initial deposit cap, it wasn’t without a couple of hiccups. Saddle is a new automated market maker (AMM) that intends to provide liquidity for…
Loading...
SushiSwap's Vampire Scheme: Hours Away and With $1.3B at Stake
Decentralized finance is living through what may become one of its most defining moments. In less than 48 hours, a two-week upstart will attempt to drain liquidity from DeFi’s largest exchange, in a never-before attempted vampire-like attack, which right now has $1.3B in tokens at stake. Here’s a quick summary: An anonymous developer copied Uniswap…