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A new yield farming app called Origin Ether has accumulated over $12 million in total value locked (TVL) just 14 days after launch, according to data from blockchain analytics platform DefiLlama. TVL is a metric that measures the dollar value of assets inside an app’s smart contracts.Origin Ether total value
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Based out of Nairobi, Kenya, Shamba Network uses blockchain, remote sensing technology and statistical sampling to solve specific problems the region and its people face. The explicit goal is to lower the costs of climate insurance by improving the tools for monitoring, reporting and verification (MRV). That’s a term often
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Orange Financial, a multi-chain yield farming treasury, is excited to announce its public mint date on February 1st, 2023. As the only NFT project to offer stablecoin rewards through yield farming to its holders, Orange Financial will revolutionize the world of yield farming and NFTs. Through its innovative
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After discovering that ten holding firms associated with FTX Digital and Alameda Research invested roughly $5.4 billion into nearly 500 firms and projects, people have been curious about a few specific investments. One specific investment made by FTX Ventures Ltd. was for $25 million into the Ohio-based firm 80 Acres,
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The IRS recently identified tax guidance relating to digital asset transaction validation, including staking, as a priority during 2023. As the digital asset ecosystem continues to grow and the tokenized economy takes hold, it will be imperative for the IRS to, whenever possible, issue guidance clarifying the tax treatment of
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sponsored As a result of DeFi protocols, access to finance has been democratized, allowing anyone with an Internet connection to gain access to opportunities and services. However, they only gained popularity after the ‘DeFi summer of 2020’ and the yield farming craze that followed. The concept of yield farming has changed
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Innovative ways to make money from cryptocurrency investments can be found in the DeFi (Decentralized Finance) industry. As the global financial system continues to move towards digitalization, the DeFi industry is growing at a rapid pace. Over 3 million investors worldwide follow its progress because of its enormous development potential.
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Virginia’s Fairfax County continues to be a prominent public institutional investor in the cryptocurrency space and is set to diversify its portfolio with a move into yield farming.As previously reported, global asset managers VanEck announced that the Fairfax employees’ and police retirement systems will invest $35 million into the firm’s
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A governance proposal centered around tokenomics has been put forth by Pancakeswap, the largest DeFi application on the Binance Chain. Source
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