DeFi

Uniswap founder clears confusion around TVL Activity on Uniswap declines along with the revenue being generated by the DEX In a recent tweet made by Hayden Adams, the founder of Uniswap, it was stated that the TVL being recorded for Uniswap could be misleading. This is due to the fact that the TVL being recordedContinue reading “Is UNI’s TVL a victim of miscalculation? The Uniswap founder stated that…”

Lido’s share of the ETH staking market now sits at 29% The APR offered witnessed a decline as well. Lido Finance [Lido] commenced the 2023 trading year with a slight decline in its market share in the ETH staking ecosystem. The leading liquid Ethereum [ETH] staking platform’s performance was highlighted by Dune Analytics.  Read Lido Finance’sContinue reading “All about Lido Finance, what the Shanghai upgrade can do, and the threat it faces”

Solana outperforms other cryptocurrencies in terms of the number of transactions Solana witnesses growth in its DeFi space, however, weighted sentiment declines Solana [SOL] can be considered as one of the cryptocurrencies that was impacted the most during this bearish market. However, SOL holders could take a sigh of relief. According to data provided byContinue reading “Solana: These datasets could intrigue traders planning on ‘selling their SOL’”

SushiSwap’s tokenomics is to go through a redesigning process soon. The changes will focus on promoting decentralization and incentivizing liquidity. SushiSwap CEO Jared Grey has indicated that the decentralized exchange’s token economy, or tokenomics, may undergo a comprehensive redesign soon. Grey, who is also known as the “head chef” of the DEX, recently tweeted aContinue reading “SushiSwap’s [SUSHI] head chef Jared Grey proposes new tokenomics”

This year, the cryptocurrency market saw a significant decrease in value, losing over $1.4 trillion. This decline was due to various issues faced by the industry, including failed projects and a lack of liquidity. The industry faced several challenges, with a number of prominent players within the ecosystem filing for bankruptcy, including BlockFi, Celsius, Voyager,Continue reading “Yes, Uniswap [UNI] was king in 2022, but at what cost?”

The Ethereum Merge was successful, with follow-up upgrades expected in 2023 Staking withdrawals are expected to begin in the first quarter after OFAC compliance improvement  The Ethereum [ETH] mainnet transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) was the primary reason the second biggest blockchain was in the spotlight in 2022. The Merge, as it was named, markedContinue reading “Ethereum changed allegiance but will the proceeds of the transition reflect in 2023”

LDO may face some trouble as this two-year old investors sells off a part of his LDO holdings The LDO value hike could retrace as it was overbought A section of the crypto market revived after Christmas ended in sluggishness, with Lido Finance [LDO] registering a 10% increase in the last 24 hours. As aContinue reading “Lido Finance: What’s on the cards for LDO after this long-term investor calls it quits”

Fantom Foundation’s Director Andre Cronje laid out plans for the protocol’s 2023 roadmap Fantom is expected to focus extensively on expanding its dApp ecosystem in 2023  Popular layer 1 blockchain Fantom is set to focus on the expansion of its decentralized application ecosystem next year. Andre Cronje, top DeFi architect and co-founder of the FantomContinue reading “A peak into Fantom’s blueprint for 2023; should FTM holders savor the moment”

Uniswap social activity reached monthly pinnacles The UNI price exhibited almost the same trend by other cryptocurrencies The social dominance and social volume of decentralized exchange, Uniswap [UNI] hit its peak in all of the twelfth month on 25 December. According to Santiment, the protocol’s social dominance reached 20.28% on the day. This social dominanceContinue reading “Uniswap social metrics recuperate amid diminishing zeal from UNI”