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Opium Finance has released collateralized debt obligation products (CDOs) for Compound Finance’s automated lending markets, Opium Protocol founder Andrey Belyakov told CryptoX in a phone interview Friday.Investors can put up the Compound debt token cDai – and soon Uniswap LP tokens – to diversify exposure to DeFi lending markets. Opium’s
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ZENTEREST was recently added to MANTRA DAO’s rapidly expanding suite of DeFi protocols We have seen decentralized finance grow exponentially in recent months and the TVL (total value locked) in DeFi protocols now stands at a jaw-dropping $24 billion. Amongst the projects that have contributed to the sector’s explosive growth in
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Interoperability between blockchains is rapidly becoming one of the buzz phrases being thrown around when discussing decentralized finance and the coins most likely to rally during an altcoin bull run. The rapid growth of DeFi, its ever expanding total value locked and soaring ETH gas fees further highlight the sector’s need
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Active decentralized finance (DeFi) users woke up yesterday to yet another “airdrop” of governance tokens, this time courtesy of self-described “multi-service platform” Stake DAO — but, due to the unique distribution method and some bugs in the rollout, eligible users might want to claim their tokens sooner rather than later. In
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Many of the most popular decentralized finance protocols are getting a front-end makeover, but will the new looks and sleeker interfaces bring widespread adoption? Critics have long held that the barrier to entry for DeFi is significant, both for the amount of knowledge required to participate as well as for oftentimes
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Fetch.ai, a project building a network of autonomous agents for blockchains, has announced a partnership with Yoti, a digital identity provider. Blockchains, and DeFi smart contracts in particular, often require manual interactions to trigger specific events. These could be contract calls, particular exchange transactions, publishing oracle data and many more.
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Lending and borrowing, within the realm of traditional as well as crypto finance, entails the act of one party providing monetary assets — be it fiat or digital currencies — to someone else in exchange for a steady income stream. The concept of “lending and borrowing” has been around
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In previous years, we have seen numerous attempts to bring real-world assets to the crypto market. However, none of them has proven to be massively adopted among retail crypto users and traditional financial players.So, why hasn’t real-world asset tokenization become a massive trend?You’ve probably heard how almost anything can be
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Participation in the DeFi and staking ecosystems has seen explosive growth over the last year, with the combined sectors currently accounting for over $50 billion in value. DeFi growth was predominantly fueled by the breakthrough success of Ethereum-based projects such as Aave, Compound, and Uniswap, utilizing ERC20 stablecoins like USDC and
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An upcoming DeFi project positioning itself as the best cross-chain liquidity aggregator, Router Protocol has announced a successful conclusion of its first seed funding round. The project has raised a total of $ 480,000 from a prominent consortium comprising of crypto, fintech and DeFi investors based out of Singapore, India
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