This is what’s standing in the way of DeFi’s ‘NFTification’
NFTs and DeFi have taken the world by storm in recent years, but both industries have downsides. Bringing them together could be a force for good. Go to Source Powered by WPeMatico
Liquidity
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Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST
The rumor surfaced after a Twitter thread by @FatManTerra shared the alleged details on how Kwon, along with Terra influencers, managed to drain funds while artificially maintaining the liquidity. Go to Source Powered by WPeMatico
Lido Deploys Additional Curve Pool to Improve Liquidity Around Bonded ETH Peg
On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days ago on May 5. One specific defi protocol called Lido, a liquid staking platform and the second largest defi application in terms of TVL size … Read more
Bancor 3 goes live with impairment loss protection for liquidity providers
Bancor’s new liquidity mining strategy promises to bring organic on-chain liquidity and make DeFi staking easier for DAOs. Go to Source Powered by WPeMatico
Anchor Protocol rebounds sharply after falling 70% in just two months — what’s next for ANC?
The total value locked inside the Anchor Protocol’s liquidity pools reached an all-time high earlier this week. Go to Source Powered by WPeMatico
What is impermanent loss and how to avoid it?
Read this guide to understand the risk, known as impermanent loss (IL), that liquidity providers take in exchange for fees earned in liquidity pools. Go to Source Powered by WPeMatico
DEX aims to take on Uniswap with its concentrated liquidity bet
Concentrated liquidity has become the latest trend in the DeFi world with several projects shifting to the new liquidity model on various blockchains. Go to Source Powered by WPeMatico
ETH Continues to Leave Trading Platforms, Ethereum Balance on Exchanges Lowest in 3 Years
While the second-largest crypto asset by market cap has gained more than 15% in value against the U.S. dollar during the last week, the number of ethereum stored on exchanges has dropped significantly during the last few weeks. In less than two years, more than 29% of the ether held on exchanges has left centralized … Read more
Terra, Avalanche and Osmosis lead the L1 recovery while Bitcoin searches for support
LUNA, AVAX and OSMO have outperformed most altcoins, hinting that a DeFi revival could be in store. Go to Source Powered by WPeMatico
Altcoin Roundup: JunoSwap, Solidly and VVS Finance give DeFi a much-needed refresh
DeFi is undergoing a revival and this time, it’s happening on Ethereum network competitors. Go to Source Powered by WPeMatico