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Some $1 million in Ethereum tokens is locked in a new DeFi app after its developers made changes to the protocol’s interest rate smart contracts.DeFi lending platform PercentFinance, a fork of Compound Finance, wrote in a blog post on Nov. 4 that “that some of [its] money markets experienced an
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Place/Date: - October 10th, 2020 at 2:19 pm UTC · 5 min read Source: Cheese Bank In 2020, DeFi is quietly causing changes in the distribution of global wealth. the real benefits will be felt by users in developing countries more so
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The beaten and bruised decentralized finance (DeFi) market has continued its descent despite a rally in Bitcoin’s price.
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“I would call this the ‘moving fast as hell’ era,” Robert Leshner said of decentralized finance (DeFi) right now.CryptoX spoke to Leshner, founder of the Ethereum-based money market Compound Labs, and Tarun Chitra, of crypto financial modeler Gauntlet Network, about the new fund they are running together.It’s the second fund
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The MakerDAO community has voted to add support for a trio of new tokens for the decentralized finance (DeFi) loans that generate DAI stablecoins.Vaults are now open for deposits of Chainlink’s LINK, Loopring’s LRC and Compound’s COMP. Community members pitched proposals to add the tokens this summer and voted for
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Crypto exchange Gemini will begin accepting deposits in PAX Gold (PAXG), Amp (AMP) and Compound (COMP) with trading to start Sept. 15.Gemini will offer US dollar trading pairs for PAXG, AMP, and COMP via its ActiveTrader platform and API connections. The exchange will also offer trading and custody support for
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Thanks to the integration with Compound, Curv’s customers “no longer need to let their digital assets sit idly”.Curv announced that it has integrated with Compound, which is dubbed as DeFi’s largest lending protocol. Curv prides to be the institutional standard for digital asset security.Excited to announce our integration with @compoundfinance.
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OKCoin fired up its own price oracle for the DeFi space with data traceable back to its origin, offering verified accuracy. "OKCoin has launched OKCoin Oracle, a signed price feed that can be used for reliable on-chain pricing in support of the burgeoning DeFi ecosystem," OKCoin director of communications, Will McCormick,
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Wrapped Bitcoin (WBTC), an ERC-20 token that tracks the price of bitcoin (BTC) can now be used on DeFi protocol Compound (COMP) with a 40% collateral factor. WBTC Goes Live on Compound with 40% Collateral A community proposal floated by Compound holders in May 2020 has finally received the green light
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When I began to get interested in trading, about 20 years ago, I read many books on the topic. One day, I saw: “In order to make money in the markets, the importance is not to lose.” Duh! — did I tell myself while reading… only later to discover the
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