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
Daily Solana DeFi ecosystem news. Daily updates on Solana news, apps and hacks.
At 2:01 AM New York time Wednesday morning, the Solana blockchain went live once again, according to @SolanaStatus. “The Solana validator community successfully completed a restart of Mainnet Beta after an upgrade to 1.6.25,” the platform reported. “Dapps, block explorers, and supporting systems will recover
Solana, one of the biggest DeFi chains by value locked, suffered network outages Tuesday. The Solana team first alerted users to the issue on Twitter at 8:38 AM New York time, saying the network had been “experiencing intermittent instability” for the prior 45 minutes. Some
It has historically paid to be early in DeFi — literally. Traders (including yours truly) are betting that will also be the case on Arbitrum and Optimism. DeFi has long fostered a culture of rewarding early adopters, with a great example being last year’s massive
The Layer 1 blockchain Harmony unveiled a $300M ecosystem fund today to back startups working on applications and protocols. There are many large blockchains now, but to a certain degree each one is a bit of a walled garden, Stephen Tse, Harmony’s founder told The
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The Defiant's Definitive Guide to DeFi
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This guide is meant to be a one-stop-shop to get started. These are all the DeFi basics you will need to start exploring the internet of money.