Home Tags Defi

Tag: defi

The Year in Ethereum: DeFi Saw Mass Adoption & Serenity Drew Closer

Price-wise, Ethereum hasn’t had the best of years. The second-largest cryptocurrency, according to an analysis by Bitcoin educator Jimmy Song, has lost 18% against the U.S. dollar year to date, which comes in stark contrast to Bitcoin’s approximately 85% gains in 2019. Notably, altcoins as an entir..

What is XAR Network? Framework for Decentralized Finance on Cosmos & Fantom

The XAR Network could be one of the tools that is used to create new financial systems all over the world. Instead of working as a single network, the XAR Network allows developers to create their own systems and also has an innovative staking model. According to XAR Network: “XAR Network public c..

Maker Foundation Announces $27.5 Million MKR Sale, Expands DeFi to Asian Market

News The Maker Foundation, the group behind the decentralized crypto platform MakerDAO, announced today that venture capital funds Dragonfly Capital Partners and Paradigm have acquired $27.5 million worth of MKR. This is approximately 5.5% of the total MKR supply. As MKR token holders, both invest..

Ethereum DEX Uniswap: Liquidity Providers Just Earned $1 Million in Fees

In just one year’s time, Uniswap, an increasingly popular decentralized token exchange protocol on Ethereum, has racked up milestones and community accolades alike in becoming a keystone dApp in the early DeFi arena. Accordingly, it comes as no surprise that Uniswap has earned its next adoption mil..

Wyre to Bring Fiat On-Ramp to Ethereum DeFi with Debit Cards

Sometimes referred to as the “Stripe” of cryptocurrency industry, crypto payments firm Wyre has honed in on helping mainstream users interact with digital assets in seconds. Now, the next frontier for the firm is the rising decentralized finance ecosystem built atop Ethereum. Back in October, the S..

Value of Ether (ETH) Locked in DeFi on Course to Pass $1 Billion Soon

Ether is the “gas” and currency of the Ethereum network. As a testament to the growing use of that network, the USD value of ether locked up in Ethereum-powered decentralized finance applications, or DeFi dApps, crossed an all-time high of $700 million on November 29th. That milestone has many Ethe..

New DeFi: Stake DAO Introduces Revenue-Sharing for Crypto Staking Services

Plenty of stakeholders in the blockchain ecosystem think Proof-of-Stake (PoS) consensus, wherein users “stake” money in specialized wallets to secure a network in exchange for staking rewards, is the future of cryptocurrencies. The biggest development in the arena is yet to come, namely Ethereum’s p..

DeFi Anchor: Has the Rise of Its Biggest Apps Made Ethereum Unforkable?

Has the inertia of Ethereum and its consequent accrual of most of the cryptoeconomy’s most popular decentralized finance apps made it “unforkable,” i.e. unlikely to split on political grounds like the Ethereum vs. Ethereum Classic schism? Two researchers think it’s possible. That’s per Leland Lee ..

Meet Maple: a New Bid at “Smart Bonds” in Ethereum DeFi

New projects are arising all the while in Ethereum’s decentralized finance, or DeFi, ecosystem. The arena’s latest oncomer wants to bring what it hails as “smart bonds” to life on the most popular smart contracts platform. On October 29th, the Australia-based Maple project announced its fruition in..

What is DeFi? Understanding The Decentralized Finance Landscape

Decentralized finance (DeFi) has been making waves over the last several months following the surge in platforms and products offering DeFi services. Decentralized lending platform MakerDAO has risen to prominence amid impressive adoption of its stablecoin Dai, but is only part of a subset of a gro..

Get in touch