🤔 Winklevoss Offers MakerDAO Deal But Christensen May Be Underwhelmed

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🎙 Ethereum can surpass Visa’s transaction speed within months

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This IS the end 💥 The Defiant Bombshell!

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DeFi Deals

🤔 Winklevoss Offers MakerDAO Deal But Christensen May Be Underwhelmed

Gemini’s Offer to Deposit Stablecoin with Maker is Latest Tempting CeFi

By Samuel Haig

MakerDAO, the leading DeFi protocol, is increasingly being tempted by tantalizing offers from major centralized players.

In its latest potential tie-up, the leading DeFi protocol is entertaining an offer from Gemini, the crypto exchange founded by the Winklevoss twins.

👉READ THE FULL STORY IN THE DEFIANT.IO👈

PoS Blockchains

🔓 Vasil Upgrade Could Finally Unlock DeFi on Cardano

$200M Fund Planned To Spur Development

By Aleksandar Gilbert

CUSP Cardano, the world’s fifth-largest blockchain by market capitalization, might be on the cusp of a DeFi revolution — if anyone still wants to build on it, that is.

👉READ THE FULL STORY IN THE DEFIANT.IO👈

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DeFi 2.0

👀 Olympus Slashes OHM Inflation In Bid For Sustainability

Reward Rate Will Drop To 7%

By Aleksandar Gilbert

ROUGH YEAR Once the poster child of the “DeFi 2.0” movement, Olympus DAO has had a rough year. Taking another step toward its “bond-centric future,” Olympus, a DeFi protocol with more than $200M in total value locked, will slash the sky-high yield that holders of its native token have enjoyed for the past year and a half.

👉READ THE FULL STORY IN THE DEFIANT.IO👈

Defiant Video

📺 This IS the end 💥 The Defiant Bombshell!

Podcast

🎙 Ethereum can surpass Visa’s transaction speed within months

🎙 Reviewing Ethereum 2.0 a week after The Merge

Shoutout

Are you ready for the next bull market? Be prepared with Benzinga’s Future of Crypto conference at Pier Sixty, NYC on December 7. Use codeDEFIANT30 to get 30% off tickets.

DeFi Explainers

🧐 What Is 1inch?

A Step-by-Step Guide to the DEX Aggregator

By Rahul Nambiampurath

EXCHANGE RATE How do you pick the best exchange rate for cryptocurrencies? On centralized exchanges (CEXs), the difference is often minimal because CEXes tend to have deep liquidity. But on decentralized exchanges (DEXs), which rely on network participants and fees, the exchange rate is meaningful.

👉READ THE FULL STORY IN THE DEFIANT.IO👈

Elsewhere

🔗 Binance Starts Ethereum Proof-of-Work Mining Pool, Initially With No Fee

Cryptocurrency exchange Binance said customers can now join a mining pool for ETHW, the forked version of Ethereum that retains the blockchain’s original proof-of-work (PoW) underpinnings.

🔗 BlackRock’s newest ETF invests in 35 blockchain-related companies: CoinTelegraph

“We believe digital assets and blockchain technologies are going to become increasingly relevant for our clients,” said BlackRock ETF product strategist Omar Moufti.

If you build it (open source) devs will come https://t.co/tWmxKJINTl

— Solana (@solana) September 29, 2022

Trending in The Defiant

More Than 80% of Ethereum Miners Pull the Plug After MergeEight out of 10 Ethereum miners appear to have gone offline after The Merge, according to data from 2miners, a website tracking the hash rate of Proof of Work networks.
It Only Took An Hour for MEV Bot to Lose $1.4M in Brazen HeistAn MEV bot operator made 800 ETH in a single transaction on Sept. 28, before losing a whopping 1,100 ETH just one hour later, according to Bert Miller, the product lead of Flashbots, an MEV research team.
Mysterious Collector Leverages Mutant Ape NFTs to Buy a Third in Wild $1.3M DealBetting that Mega Mutant Apes are stronger together, one collector has made a risky leveraged play on the blue-chip NFT collection.

🧑‍💻 ✍️ Stories in The Defiant are written by Owen Fernau, Aleksandar Gilbert, Samuel Haig, and yyctrader, and edited by Edward Robinson, yyctrader and Camila Russo. Videos were produced by Robin Schmidt and Alp Gasimov. Podcast was led by Camila, edited by Alp.

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