LINK
DeFi First Looks
Non Fungible Debt Positions with JPEG'd
JPEG'd is a new project that will allow NFT owners to deposit their NFTs as collateral into a vault and be able to take out a loan in PUSd.
DeFi News
Vitalik Says UNI Should Become an Oracle Token
Ethereum creator Vitalik Buterin made a proposal for Uniswap’s UNI token to become an oracle price token for ETH/USD so as to allow the DeFi eco-system to ‘mark to market’ its fair value, thus providing a more robust mechanism for smart contract execution. He says that the pricing oracle should be modeled along the lines…
DeFi News
LINK Moving Off Exchanges Signals Potential Rebound
Chainlink has fallen out of favor in the last few months, possibly due to the parabolic run-up it enjoyed in mid 2020, but the worst may be over. LINK’s supply ratio has been transitioning off exchanges ever since it reached a peak price of $20 in early August, on-chain market analytics firm Santiment revealed. .…