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DeFi is currently growing by nearly half a billion per week in used or ‘locked’ assets, with it coming close to $2 billion just two weeks ago while now it is ready to surpass $3 billion.Governance tokens, which give holders the right to affect the direction of decentralized finance projects,
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Decentralized Finance (DeFi) tokens continue to make drastic moves on the price charts, compensating for Bitcoin’s low volatility which has recently hit a three year high. Earlier today, Aave (LEND) and Synthetix Network (SNX) token briefly surpassed MakerDAO’s (MKR) token as each rallied to $0.375 and $4.09 respectively. The ‘flippening’ was
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The #FinanceAll goal of the world’s leading crypto exchange and trading platform OKEx is now another step closer following the listing of a couple of new tokens belonging to emerging DeFi projects. The two new cryptocurrencies, DMM Governance Token (DMG) and Celo Gold (CELO) were listed on July 16, with
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The trend of usage incentives in decentralized finance kicked off with Compound’s COMP token distribution, and it continued through several other platforms that sought to replicate its perceived success.But the latest DeFi yield farming mania involves yEarn, a yield aggregating platform developed by just one man, Andre Cronje. Despite his
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Ethereum’s decentralized finance (DeFi) tokens have been all the rage over recent weeks, with some literally rallying parabolically. Take the example of Aave’s LEND, which has gained in excess of 184.8% in the past 30 days and 7,500% in the past year. Or take the example of Synthetix Network Token (SNX),
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Not a day goes by without someone shilling something related to Decentralized Finance (DeFi). It’s being touted as being bigger than the 2017 altcoin boom, and when you look at things like the monstrous Tether market cap, the recent surge in the price of Chainlink as well as DeFi platform
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Aave, an Ethereum-based peer-to-peer lending platform, has emerged as one of the top investments in 2020. On Friday, the project’s native token, LEND, was trading 1,500 percent higher on a year-to-date (YTD) timeframe. Its parabolic rally appeared following a long string of positive fundamentals, including a $3 million inbound investment. Aave has reached
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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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The DeFi industry may be booming this year, but a new report shows earnings have fallen despite a huge surge in token prices.The second quarter token report from Bankless, a DeFi focused newsletter from Mythos Capital founder, Ryan Sean Adams, revealed that earnings fell by 42% in the second quarter,
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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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