Project Launch

ARCx Introduces ‘DeFi Passport’ for On-Chain Credit Scores

ARCx Introduces “DeFi Passport” for On-Chain Credit Scores In a move that could bring DeFi into the mammoth industry of consumer credit scoring, ARCx has introduced an offering that will measure the financial health of customers based on their Ethereum addresses. As the key feature of its Sapphire (v3) release, ARCx will enable “identities issued …

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Liquity Network Attracts Over $2.4B in Assets in Two Weeks

Liquity Network, relatively unknown before its April 5 launch, now has $2.4B of ETH locked, placing it 11th among all Ethereum protocols, ahead of open finance mainstays Synthetix and Bancor. The protocol resembles MakerDAO in that users lock up ETH in order to mint Liquity’s stablecoin LUSD, but differs from the DAI-orginiator in that it …

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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 …

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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 …

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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 …

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