DeFi
The Defiant Guide to Pak – Part I
There is only one way to approach an understanding of Pak. You have to do the work. Be passive and it will pass you by. So, Pak, I accept your challenge. I am not a poet, my medium is film, but I am well aware that you appreciate pop culture, film language, symbolism and above…
Jam Session #7: Frontends
We’ll be talking with a stellar collection of DeFi powerhouses about what it takes to create the next frontier… of frontend. What are the challenges they face when looking at UX/Ui within DeFi? What are the risks when going decentralized? And what will it take to get the next BILLION users on board this DeFi…
Compound Finance Pays Out Millions in Excess COMP After Buggy Update
Compound Finance’s smart contracts paid users an excess of millions of dollars in COMP tokens after a protocol update was deployed with a flaw in the code. The impact of the bug is limited to 280K COMP tokens and does not affect user deposits or loans, founder Robert Leshner said in a tweet. Just over…
dYdX Now Accounts for More Than All Other DEX Trading Combined
Non-custodial exchange dYdX has climbed to the top of the DEX rankings by trading volume, beating out Uniswap, for the first time. More than $9B has been exchanged on the trading platform in the last 24 hours, according to data provider CoinMarketCap. Uniswap’s V3 lands in second at $1.2B, the only other DEX to trade…
Liquidity Mining Set to Begin Friday on the Risk Tranching Gro Protocol
Everyone is looking for stronger yields in DeFi. Gro is a new yield platform that aims to offer boosted returns on leading stablecoins to users willing to accept some risk. Gro is set to launch liquidity mining shortly for its depositors, which means they will begin receiving its governance token, GRO, based on the funds…
Beat the DROPS with Barnbridge's SMART Alpha
SMART Alpha allows users to calibrate their exposure to the performance of an underlying asset. It does so by regularly redistributing an aggregated pool of the underlying asset between two groups of users: a senior side, and a junior side. When price goes up, seniors give up some of their assets to the juniors, and…
DAOs Accelerate Token Swaps in Push to Diversify Their Treasuries
DeFi DAOs have made some serious cash in 2021 — but generally only in their native tokens. Now they’re looking to diversify. Fueled by a combination of rising token prices and an explosion in fee revenues as DeFi continues to attract new users, the decentralized autonomous organizations (DAOs) that act as a management layer for…
Fireblocks Draws Closer to Getting Wall Street Cash on DeFi Giant Aave
Fireblocks, the digital asset security firm, has posted a proposal on Aave’s forum to scrutinize and approve participants on the DeFi giant’s platform. If Aave governance passes the whitelisting proposal, Fireblocks would be able to onboard a slew of institutional clients into the lending protocol. Fireblock’s CEO, Michael Shaulov told The Defiant that roughly 50…
DeFi Lending Venture Rides Solana’s High-Speed Chain to $100M in Deposits
Solend, a lending platform built on the proof-of-stake blockchain, Solana, has hit $100M in deposits, according to its team. Solend has done so without liquidity mining opportunities, but those are coming. Solend works basically the same way Compound and Aave do. Users can post assets that will earn interest, and they can borrow a certain…
How to Earn Fixed Rate of Interest on 88MPH
88MPH is a non-custodial, fully on-chain protocol acting as an intermediary between you and third-party variable yield rate protocols to offer the best fixed yield rate on your capital.
