bonding – DIGIT INFO

Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days

DIGIT — Mon, 05 Sep 2022 19:00:22 +0000

In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network’s consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS). Amid the lead-up to The Merge, the decentralized finance (defi) and liquid staking protocol Lido’s total value locked […]

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$19.2 Billion in Staked Assets — Liquid Staking Solution Lido Set to Surpass Curve’s TVL

DIGIT — Thu, 21 Apr 2022 04:00:42 +0000

While the total value locked (TVL) in decentralized finance (defi) hovers just above the $214 billion mark, a defi protocol called Lido has been moving closer toward taking Curve’s top spot in terms of TVL in a defi protocol. Currently, the liquid staking solution Lido has $19.2 billion in staking assets derived from five different […]

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An In-Depth Look at Olympus DAO Protocol and the Not-So-Stable Stablecoin OHM

DIGIT — Mon, 01 Nov 2021 14:30:52 +0000

In mid-October, Bitcoin.com News reported on how decentralized finance (defi) or algorithmic stablecoins have seen significant demand in 2021. One particular stablecoin called OHM is quite different from the traditional reserve currency defi protocols today, as OHM is a free-floating currency backed only by what’s held in the Olympus DAO treasury. OHM may not be […]

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OlympusDAO developer launches protocol enabling one-to-one stablecoin swaps

DIGIT — Tue, 26 Oct 2021 05:50:04 +0000

Developer ‘Ohmzeus’ has launched a new protocol allowing stablecoins to swapped at fixed price of exactly one-to-one.

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