CDP – DIGIT INFO

Top 7 IT certifications in demand

DIGIT — Wed, 14 Jun 2023 11:07:00 +0000

Obtaining IT certifications can help you stay ahead in the competitive tech industry and unlock exciting opportunities.

Following the Great UST Collapse, a Defi Project Plans to Launch a ‘Soft-Pegged Stablecoin’ Built on Terra

DIGIT — Tue, 01 Nov 2022 16:30:59 +0000

Following the Terra stablecoin collapse last May, the Terra blockchain ecosystem has another stablecoin concept in the works called “Solid.” The stablecoin Solid and its white paper were revealed by a decentralized finance (defi) project, Capapult Finance, and the idea has been dubbed a “soft-pegged stablecoin” built on Terra. Terra Blockchain Ecosystem to See a […]

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Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale

DIGIT — Sun, 20 Mar 2022 19:30:29 +0000

On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order to scale the decentralized finance (defi) protocol Makerdao. Hexonaut insists the bull market was good, but “the time is passing” and he believes Makerdao needs […]

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More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols

DIGIT — Mon, 14 Mar 2022 14:30:18 +0000

In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized exchange (dex) platforms and lending applications, allowing people to […]

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Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APY

DIGIT — Fri, 04 Sep 2020 01:30:10 +0000

On September 3, 2020, the well known Yearn Finance defi project “paused” the popular ethereum liquidity vault (yETH) service, after locking in a significant $139 million. Yearn’s vault feature launched on Wednesday, and saw $100 million deposited on the first day. The vault hype has also caused the Maker DAO project to make a governance […]

The post Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APY appeared first on Bitcoin News.

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P2P Crypto Lending Is on the Rise

DIGIT — Sat, 03 Aug 2019 17:42:40 +0000

As peer-to-peer cash, it only seems logical that cryptocurrency should be deployed for P2P lending. While that application has taken time to materialize, bitcoin and other crypto assets are now increasingly fulfilling that purpose. Across the BTC, BCH and ETH networks, credit is being supplied to ordinary citizens while bypassing its traditional gatekeepers, usurping the […]

The post P2P Crypto Lending Is on the Rise appeared first on Bitcoin News.

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Maker Community Votes to Raise Stability Fee as Dai Struggles to Hold $1 Peg

DIGIT — Sat, 13 Apr 2019 17:45:37 +0000

For more than two weeks the dai stablecoin has sat below its $1 peg, and has been trading for roughly $0.97 over the last seven days. This has given concern to the Maker Dao community which has decided to raise the dai stability fee to 11.5% per year. Also read: Exchangewar Lets You Compare Crypto […]

The post Maker Community Votes to Raise Stability Fee as Dai Struggles to Hold $1 Peg appeared first on Bitcoin News.

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