Project Launch

Fixed-Rate Lending Protocol HiFi Launches

The field for fixed-rate lending protocols is becoming more dense as HiFi has joined the fray.  Like Notional Finance and Yield Protocol, HiFi is able to offer fixed rates by locking in a specific duration by which the loan will mature. The debt will be represented with a “yToken,” which refers to tokenized debt backed …

Fixed-Rate Lending Protocol HiFi Launches Read More »

Vesper Comes Out of Beta and Launches VSP Token

Vesper, a DeFi investment platform, came out of beta and launched its VSP governance token. Following a successful beta period with $28M in total value locked, Vesper aims to bridge the gap between traditional DeFi users and investment industry professionals who are new to the space. Users are able to choose to deposit crypto in …

Vesper Comes Out of Beta and Launches VSP Token Read More »

New DeFi Lending Protocol Alpha Homora is Quickly Catching Up

You know we’re heading into frothy markets when an otherwise unremarkable tweet sends a token flying.  Alpha Homora’s token ALPHA jumped by almost 50% to the highest since its launch in October after the DeFi project tweeted on Monday that 0.39% of ETH supply is locked in its smart contracts. That’s $600M, or 11th in …

New DeFi Lending Protocol Alpha Homora is Quickly Catching Up Read More »

Kyber Overhauled its Protocol and Token Holders Love It

Kyber Network just overhauled its protocol and token holders are loving it. Kyber’s KNC jumped 25% on Thursday after the announcement to the highest since 2018, compared with ETH’s 10% increase.  Over the weekend KNC retraced some of the gains and has been hovering between $1.3 and $1.45. The upgraded Kyber 3.0 will be transitioned …

Kyber Overhauled its Protocol and Token Holders Love It Read More »

Notional Comes out of Stealth With Fixed Lending Protocol

Notional Finance has come out of stealth with $3M in liquidity following a closed beta over the past quarter. Notional users can lend and borrow the stablecoins DAI and USDC at fixed rates using ETH or WBTC as collateral. A 10k USDC loan has a fixed APR of 4.27%, while a 10k USDC deposit has …

Notional Comes out of Stealth With Fixed Lending Protocol Read More »