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The rapid growth of decentralized finance (defi) protocols is contributing to the increasing proportion of ETH supply that is now locked in smart contracts. More than 15% of the total ETH supply is now locked, compared to 11.5% from a year ago. This growth led to the inevitable decline of BTC dominance. According to a … Read more
Uniswap is taking on SUSHI head on with the launch of a new governance protocol token UNI, leading to a flurry of activity from more than 13,000 DeFi users. Go to Source Powered by WPeMatico
Investors are salivating for pickles after DeFi protocol Pickle.Finance locked $347 million in it’s liquidity pools. Go to Source Powered by WPeMatico
A new blockchain protocol is set to solve major DeFi issues. Go to Source Powered by WPeMatico
DeFi could fall under regulatory pressure if it is seen as a haven for money laundering. Go to Source Powered by WPeMatico
The rapidly growing market cap of Binance’s BUSD stablecoin shows the exchange is taking serious steps to become a major DeFi contender. Go to Source Powered by WPeMatico
Tron’s primary DeFi project whitelisted what looks like a scam. Go to Source Powered by WPeMatico
Polkadot snatches yet another oracle provider from a different blockchain. Go to Source Powered by WPeMatico
Analysts believe DeFi sector growth could push the price of Yearn.finance (YFI) to $50,000 in the short term. Go to Source Powered by WPeMatico
The decentralized finance (defi) space is headed for an implosion unless the divided community leaders step forward with solutions. This is discernible from September 13 Sunday morning tweets by some influential players in the defi space wherein they attack each other. Waves blockchain creator Sasha Ivanov kicked things after depicting current defi ecosystem as Ponzi … Read more