Frax Finance's Fed Yield-Matching Staking Vault Attracts $30M, FXS Steady
Early Thursday, Frax unveiled sFRAX staking vault, allowing users to take advantage of higher interest rates in the U.S. Source
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DeFi Protocol Yearn Finance's Token Rises 7% Despite Market Plunge
YFI has managed to fend off bearish market forces with a 7% move to the upside as investors attempt to capitalize on the upcoming roll out of liquid staking derivatives (LSD). Original Source
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Maple Finance's $54M of Sour Debt Shows Risks of Crypto Lending Without Collateral
Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major system upgrade. The project's MPL token has plunged, and depositors are likely to stomach big losses. Here's how it happened, and what comes next. Original Source
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