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Crypto has seen a rise in novel uses of liquidity mining and rewards through protocols like Uniswap, Aave and Compound. More recently, a new crop of DeFi 2.0 protocols such as OlympusDAO, Alchemix and Abracadabra are exploring new ways of operating without giving up token rewards. For all the innovations happening
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The Ethereum network has come a long way over the last few years. Everything from the rise of decentralized finance (DeFi) to the recent London upgrade has made the network the most compelling attempt to instill a ‘world computer,’ but there’s still work to be done. For global adoption to be
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Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter.In a week where the crypto market bears returned for blood, DeFi enlisted an army of lobsters to fight its feuds.While we ponder a feasible battleground for that mammalian–invertebrate combat, feel free to scroll on and read the top
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Decentralized finance and the numerous platforms offering investment services have been the talk of the cryptocurrency sector for several months, and this has resulted in investors capturing spectacular gains for some of the top DeFi tokens like Uniswap's UNI and AAVE. The fast-moving prices and 1,000% annual percentage yield on staked
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Curve Finance’s AMM is making its way to another blockchain – Polkadot.Money market Equilibrium is building a cross-chain implementation of Curve Finance on its Polkadot parachain. Once finished, the automated market maker (AMM) will exist on both Ethereum and Polkadot.Curve Finance is one of the largest automated market makers (AMM)
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Stani Kulechov used to think angel investing would distract him from leading his company, Aave, one of the top money markets in decentralized finance (DeFi).Attention on Aave proved to be well spent: This time last year, Aave only had a few million dollars worth of crypto in it; since then
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Optimism has “soft launched” its solution to Ethereum’s transaction problem, the Optimistic Virtual Machine (OVM).The startup announced Friday that OVM is now live, at a time when gas fees have reached near all-time highs for decentralized finance (DeFi) traders. Indeed, the cost to send a single Ethereum transaction has hovered
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Decentralized finance (DeFi), the sector of crypto that drove all the excitement this summer, isn’t quite back to its old energy, but the lull is over.“Raw DeFi numbers are at all-time highs, and they’re not fake,” Alameda Research founder Sam Bankman-Fried told CryptoX in an email. “But in relative terms
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Monday’s $4 million attack on the Cover Protocol, a decentralized insurance service, sent my mind to that classic nursery rhyme, There Was an Old Lady Who Swallowed a Fly.You know, the one where an unfortunate woman keeps eating ever larger animals to catch the previously swallowed animal. Decentralized finance faces a
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