Aave – Page 30 – DIGIT INFO

$100 Million Accelerator Fund from Binance Now Supports PARSIQ, a Reverse-Oracle Blockchain Platform

November 3, 2020 by DIGIT

PRESS RELEASE. PARSIQ is a working platform that makes blockchain events consumable and blockchain data actionable. It allows users—both individuals, companies, enterprises—to monitor any events across different blockchains in real-time and at scale and connect those events to any off-chain apps or devices to automate different workflows. A blockchain-to-everything monitoring service PARSIQ was announced to … Read more

Major Defi Token Prices Plunge, as Money Moves Back Into Bitcoin

November 2, 2020 by DIGIT

Major decentralized finance (defi) projects fell sharply in October, with token prices tumbling by between 30% and 56%, as money appears to be moving away from the overhyped space and back into bitcoin. According to Coingecko data, Andre Cronje’s Yearn Finance (YFI) fell fastest, crashing 56% to around $10,400 as of Nov. 1, down from … Read more

Aave transfers governance to token holders

October 29, 2020 by DIGIT

Aave’s core developers have transferred governance rights over to AAVE token holders, giving its community control over the future of the protocol. Go to Source Powered by WPeMatico

The future of NFTs in DeFi: A conversation with Aavegotchi’s Jesse Johnson

October 26, 2020 by DIGIT

Where do NFTs fit into DeFi, what’s next for a space awash with funding, and how do DAOs manage NFT content? Jesse Johnson discusses with Cointelegraph Go to Source Powered by WPeMatico

Stacking Satoshis: Leveraging Defi Applications to Earn More Bitcoin

October 2, 2020 by DIGIT

As decentralized finance (defi) has become more popular, digital currency proponents are making money off of more than 140 yield-bearing cryptocurrencies. While most of the defi ecosystem revolves around the Ethereum network, a number of people leverage these defi applications in order to earn more bitcoin. The following list is a few defi platforms that … Read more

How many DeFi projects still have ‘God Mode’ admin keys? More than you think

September 25, 2020 by DIGIT

The vast majority of DeFi projects still have the ability to enter ‘God Mode’ and unilaterally make changes to pretty much everything. Go to Source Powered by WPeMatico

DeFi projects rush towards Layer 2 as Ethereum clogs up

September 24, 2020 by DIGIT

Leading DeFi protocols are rushing to implement Layer 2 to ease the burden of high gas fees. Go to Source Powered by WPeMatico

Money Market Protocol Aave Settles $300 Million in Defi Flash Loans

September 2, 2020 by DIGIT

This weekend the decentralized money market protocol Aave broke records as the community witnessed a massive flash loan of $14 million worth of the stablecoin DAI. So far, the Aave protocol has seen over $300 million in flash loans to-date and this trend doesn’t seem to be abating any time soon. In just a short … Read more

DeFi users turn to USDC stablecoin to earn high-yield interest — Data shows

September 1, 2020 by DIGIT

Data shows DeFi platforms and their users are rapidly increasing their use of USDC stablecoin after Curve Finance launched. Go to Source Powered by WPeMatico

Total Value Locked in Defi Jumped 85% in August, $8 Billion in Assets Held

August 31, 2020 by DIGIT

A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85% in 27 days from $4.2 billion to $7.88 billion on August 30. The total value locked (TVL) in the decentralized … Read more