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DiFy.Finance, like YFI, the platform it is based on, is an environment of decentralized finance (DeFi) lending aggregators: it allows users to provide liquidity for the ecosystem by parking their cryptocurrency tokens in a smart contract vault and earning interest in return. By the virtue of it being an aggregator of lending services, YFIII users … Read more
Survey data show centralized exchanges are not worried about DeFi trading volumes, so why are they building their own DEXs? Go to Source Powered by WPeMatico
With DeFi scams multiplying by the day, industry stakeholders urge investors to prioritize due diligence before investing in any project. Go to Source Powered by WPeMatico
Andre Cronje’s “I test in prod” statement is not as bad as it seems. Go to Source Powered by WPeMatico
Decentralized community governance isn’t always so decentralized. Go to Source Powered by WPeMatico
A billion ZIL have been staked in a few hours as Zilliqa embraces staking rewards, governance tokens, and a new DEX . Go to Source Powered by WPeMatico
Social sentiment data, strengthening fundamentals and on-chain analysis suggest Bitcoin is on the verge of a 2017-style bull run. Go to Source Powered by WPeMatico
More than 180 projects have applied for grants since the $100 million accelerator fund was announced in September. Go to Source Powered by WPeMatico
Centralized cryptocurrency exchanges (CEX) operators say they are unfazed by the increasing trading volumes on decentralized exchanges (DEX) because the latter’s liquidity is still too insignificant to cause user mass migration. The majority of CEX operators also insist that it is very unlikely the DEXs’ liquidity would surpass their own liquidity in 2 years’ time. … Read more
DeFi Pulse and Gauntlet have released a new tool to improve users’ risk awareness of major DeFi projects. Go to Source Powered by WPeMatico