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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 … Read more
Yearn.finance’s yETH vault took in $140 million in ETH over 48 hours, signalling that automated investing may be the next DeFi frontier. Go to Source Powered by WPeMatico
Is DeFi a mousetrap for retail investors? Go to Source Powered by WPeMatico
A robust cryptocurrency bull market is in the making, a Weiss Crypto Ratings analyst explained. Citing central banks’ “reckless money printing policies” and “the explosion in Defi innovation,” he sees long-term fundamentals favoring cryptocurrencies despite some short-term selloffs. Robust Bull Market in the Making Weiss Crypto Ratings’ Juan Villaverde explained last week that long-term fundamentals … Read more
A less scrupulous figurehead would probably have said yes. Go to Source Powered by WPeMatico
A massive yield farming strategy finally provides a mechanism to push the DAI price down. Go to Source Powered by WPeMatico
The race for blockchain interoperability was very much a trending topic during the bull market of 2017. Back then, we witnessed the birth of very promising projects like Fusion and Wanchain. Then the bear market started, and interoperability was no longer as hot as it once was, similar to every other topic related to blockchain … Read more
A 51% attack on Ethereum would not be fatal according to Vitalik Buterin, amid concerns the yETH vault could amass enough Ether to launch an attack Go to Source Powered by WPeMatico
Food themed DeFi project Hotdog dumps from $4,000 to $1 in five minutes. Go to Source Powered by WPeMatico
There are two sides to every story. Go to Source Powered by WPeMatico
