Tokens
DeFi News
Traders Bet Arbitrum Will Have the Second-Biggest Layer 2 Token
Some Are Using OP As a Reference
Exclusive
SushiSwap 'Head Chef' May Pocket a Third of All Tokens Paid to Staff
Debate Running Hot as DAO Members Vote on Howard's Hiring
Beginners
Beginners Guide to Crypto in 2022
Today we’re going back to basics. If you’re keen about crypto and don’t know where to begin, this will be your comprehensive guide to get started.
DeFi First Looks
Testnet Turbo Booster – DeFiLlama Token Faucet
Token Faucet is a list of token contracts deployed on all testnets with deterministic addresses. Anyone can mint tokens from these contracts or create new tokens easily.
DeFi News
Index Coop Makes 2X ETH Leverage Token Cheaper with Move to Polygon
Index Coop has introduced a 2X leveraged token for Ether turning up the risk for traders.
DeFi News
Kickstarter's Embrace of Celo Blockchain May Lead to Token for Crowdfunding Giant
Crowndfunding giant Kickstarter has embraced the Celo blockchain, sparking questions about whether it might issue a token to reward investors.
DeFi News
0xMaki Says he 'Won’t be Returning' to SushiSwap as it Wallows in a Leadership Crisis
resigning. One of token holders biggest hopes throughout -- as price and volume slips -- has been that core developer 0xMaki would return. Those hopes may be dashed.
Byte
DOT Holders Have Pledged $800M Ahead Of First Polkadot Parachain Auction
Polkadot's first parachain auction is expected to be a hit with $800M already committed.
DeFi News
MakerDAO Ponders the Unthinkable as Members Debate Incorporation and Paying Taxes
Should DAOs pay taxes? And, if so: Where? There’s a conversation underway in MakerDAO about how it should relate to the governments of the world, which has implications for the whole DeFi industry. In short, people are talking about whether or not MakerDAO should find a way to pay its taxes. “I don’t think anyone…
DeFi Research
Axie Infinity is Up 223x This Year: Here's the Skinny on What's Propelling AXS
On-Chain Markets Update by Juan Pellicer, IntoTheBlock Since our last in-depth analysis of Axie Infinity almost two months ago the price of their AXS token has increased over 100% within a few weeks. The rally has multiplied the value of AXS by 223 times since January. The catalyst behind this latest bull-run may have been the Series…
Byte
RBN Airdrop Holders Hit Jackpot as Ribbon’s Token Becomes Transferable
First DYDX, now RBN. After governance rejected a proposal to make RBN transferable in June, a second go-round passed, garnering over 99% support from voters. The unlock happened at 12pm UTC on Oct. 7 and was a windfall for investors who received tokens in an airdrop because they could finally sell them. Ribbon Finance airdropped…
Byte
Yearn Finance Launches on Red Hot Fantom and Goes Multichain
The yield aggregator, Yearn Finance announced last night that it has gone live on Fantom and incorporated the blockchain into the new version of its user interface. “The Realm of Multichain beckons. And Yearn has heeded the call,” Vany, a Yearn Discord admin, said in the announcements channel. “Today, we go multichain with the launch…
DeFi News
MakerDAO Chases 'Real World' Deals and Assets in Major Test for DeFi
Société Générale's request for a $20M loan from MakerDAO is just one of several real-world deals that the DeFi protocol has coming soon. The O.G. decentralized finance protocol is on the move to fund projects that will make tangible differences in the world. That potentially includes MakerDAO founder Rune Christensen's push for the organization to…
Byte
Derivatives Protocol Raises $3.75M in Sale of Governance Token
The Tracer Protocol has completed a sale of 50M TCR tokens for 3.75M DAI, giving its total supply a valuation of $75M at the sales end. It has since nearly doubled to $137M, according to CoinGecko. The auction ran for five days, ending on September 15, and it used the Gnosis batch auction system, so…
Byte
TikTok Chooses Blockchain-Powered Audius for First Music Integration
If TikTok is a window into what teens are up to these days, then crypto has a place beside dance videos. On Aug. 17, blockchain-based music streaming protocol Audius announced its partnership with TikTok to allow one-click sharing with the social network. This is the first music integration TikTok has established. The upshot of the…
DeFi Tutorials
Defiant Degens: How to Mint DeFi’s 1st Volatility Index by Volmex Finance
This is a weekly tutorial on the most compelling opportunities in yield farming, written by our friend DeFi Dad, an advisor to The Defiant. The goal is to expose more Defiant readers to new DeFi applications and their associated liquidity mining programs. Background on Protocol: If there’s one word to describe crypto markets, it is…
DeFi Dad •
DeFi News
Aave Defies Expectations But May Be Getting Overheated
Aave continues to surpass expectations from an investment standpoint and in terms of progress in the underlying protocol, but on-chain data shows holders may be preparing to take profits. Aave recently achieved over $5 billion in total value locked, becoming only the second protocol to achieve this feat. Having nearly doubled in TVL within a…
Byte
Yearn Holders Vote to Lift YFI Cap
Yearn Finance token holders voted for the protocol to mint 6,666 new tokens, prioritizing the implementation of a funding model for contributors over keeping a hard cap. Holders of 1.66k YFI (83.4%) voted “yes,” compared with 330.5 YFI (16.6%) voting “no,” on the off-chain governance tool Snapshot. In a recent proposal, Yearn Finance laid out…
DeFi News
DeFi Tokens Outperform Amid Crypto Bull Market
As Ethereum pushed past an all-time, DeFi too, broke away from the rets of the crypto market. Defi tokens make up four f the top 10 gainers over the last seven days, and 10 of the top 25. The top DeFi gainer has been lending protocol Aave, up 35% over the last week. Decentralized exchange…
DeFi News
DeFi Tokens & ETH-Killers Lead a Risk-On Market in 2021
Just over 20 days into 2021, crypto markets have already seen years worth of price action in traditional market’s standards. Though it has been a volatile couple of weeks, there are some clear patterns emerging in the top performing large cap crypto-assets. Crypto-Asset (Ticker) Token Category YTD Return 7-Day Return Avalanche (AVX) Smart Contract Platform…
DeFi News
LINK Not Out of The Woods After Flash Crash Rebound
The Link marines are on the backfoot after last week’s flash crash to $7 pushed investors towards a risk-off stance. The cryptocurrency trades just under a pivotal $12-$13 order block, signaling that the market wipe might not be over yet. Seller’s Market Chainlink entered a sellers’ market on Dec. 23 as the altcoin succumbed to…
DeFi News
DeFi Rebound Underpinned by Strong Fundamentals
DeFi tokens are rebounding after a slump in October amid increased coronavirus cases and election uncertainty, dragging down most financial assets. All of the major DeFi tokens are up today, enough to erase each of their losses in the past week. 0x’s ZRX and Uniswap’s UNI are the biggest gainers, both up more than 10%…
DeFi News
No, DeFi is Not Dead
DeFi Token Price Doesn’t Show the Full Picture The DeFi bubble might have popped but DeFi itself is stronger than ever. After an absolute DeFi explosion this (northern hemisphere) summer, with food-themed coins popping up everywhere, hundreds of millions in digital assets flowing into untested and unaudited protocols, anonymous founders based off cartoon characters hailed…
DeFi News
Traders Are Eager to Make the LEND to Aave Switch
On-Chain Markets Update by IntoTheBlock DeFi lending protocol Aave started the migration from the LEND utility token to its new AAVE governance token. The migration had originally been proposed in the Aavenomics token economics upgrade paper and was recently approved through governance with 100% of addresses voting “Yae”, or in favor of the proposal. LEND…
DeFi News
"It Turns Out Music Does Have Value. We've Been Pricing It Incorrectly For 20 Years:" RAC
In this week’s interview, we chatted with Grammy Award-winning DJ Andre Anjos, aka RAC. RAC, who makes electronic and dance music, has been involved in crypto in one way or another since 2016. Most recently, he tokenized his latest album and sold it on digital goods market place ZORA. The token, which has the ticker...