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Opyn to Unveil Squared ETH Token as DeFi Derivatives Race Heats Up
Here comes SQUEETH. Decentralized options protocol Opyn is readying to launch its Squared ETH or SQUEETH token, which is designed to hedge ETH-based liquidity provider (LP) positions on automated market maker (AMM) exchanges. In a Dec. 17 blog post, Opyn developer Joe Clark described SQUEETH as a “new DeFi primitive” that allows stablecoin/ETH liquidity providers…
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On First Anniversary Ethereum 2.0 Beacon Chain Solidifies Proof-of-Stake Shift
On the first anniversary of the Ethereum 2.0 Beacon Chain a road map for DeFi's big blockchain has opened up.
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