Bancor releases no-liquidation lending with Vortex as AMMs continue diversification
Bancor introduced a complex but useful lending and token burn mechanic through its vBNT token. Go to Source Powered by WPeMatico
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DeFi TVL quietly climbs to record highs while the NFT boom subsides
Data shows that traders are easing back into DeFi as the top protocols register an uptick in transactions and total value locked. Go to Source Powered by WPeMatico
xSigma Developments Continue Following Amazing First Month
xSigma is a decentralized exchange for stablecoin swaps backed by a NASDAQ-listed corporation. In the first month since it was launched the DEX reached an impressive $112 million in total trading volume. xSigma developments continue with a Gas Cashback, a new roadmap, a staking pool being launched and a platform picked for Layer-2 implementation. xSigma … Read more
Nervos Network (CKB) gains 341% as DeFi and layer-2 development progress
Nervos Network rallied 341% in a month as plans to launch a DeFi platform and new layer-2 offerings bear fruit. Go to Source Powered by WPeMatico
Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger Ver
Decentralized finance (defi) has seen extreme demand and innovative use-cases during the last 12 months. Defi oracles, decentralized exchange (dex) platforms and automated money makers (AMM) have swelled in value, as statistics show over $43 billion is locked into defi protocols today. Meanwhile, a new project has recently stepped out of the gate called XFai, … Read more
PancakeSwap (CAKE) aims to take a slice out of Uniswap’s DeFi dominance
PancakeSwap has emerged as one of the top DeFi platforms and its Binance Smart Chain integration makes it a liquidity magnet against competitors like Uniswap and SushiSwap. Go to Source Powered by WPeMatico
FOMO or fundamentals? Here’s why Orion Protocol (ORN) rallied by 730%
Orion Protocol has rallied 730% since February to hit a $500 million market cap, but what’s really behind the recent gains? Go to Source Powered by WPeMatico
Decentralized Exchange Uniswap Reveals Protocol Version 3 With New Automated Elements
Roughly 28 months ago, the decentralized exchange (dex) Uniswap version one (v1) was released and then in May 2020, version two was launched with new features. The dex is by far the largest decentralized trading platform among its competitors, as the exchange swapped $7.1 billion during the last seven days. On March 23, Uniswap launched … Read more
New FATF Guidance Applies Regulatory Standards to Decentralized Exchanges, Defi and NFTs
On March 19, the Financial Action Task Force (FATF) published draft guidance on the risk-based approach to virtual assets. The newly updated guidance now applies anti-money laundering and know-your-customer rules to stablecoins, decentralized finance (defi), and non-fungible token (NFT) assets. FATF Defines Decentralized Exchanges and Defi as a Virtual Asset Service Providers For a while … Read more
Combined DEX liquidity tags new all-time high of $10 billion
Uniswap’s dominance over the Ethereum DEX sector continues to grow, with the exchange representing more than half of the sector’s combined weekly volume. Go to Source Powered by WPeMatico