DeFi

DeFi

Markets

MakerDAO Contributors Propose First Native Liquidity Market Focused on DAI Stablecoin

The proposed Spark Protocol will leverage MakerDAO’s DAI stablecoin and its crypto assets for liquidity, and would be based on lending protocol Aave’s upgraded smart contract system.

Spark Protocol would be a new liquidity market for lending and borrowing crypto assets focused on DAI. (Dawid Zawila/Unsplash)

Opinion

A Pragmatic View of ChatGPT in a Web3 World

Artificial intelligence is revolutionizing every aspect of our daily lives. What will it mean for Web3? IntoTheBlock's Jesus Rodriquez learns from the machine.

The home page for the OpenAI ChatGPT app (Leon Neal/Getty Images)

Tech

Cardano DEX SundaeSwap Floats First On-Chain Governance Proposal

The proposal determines the terms, conditions and parameters of future proposals if passed by token holders.

The SundaeSwap DEX is launching in beta on Cardano later this week. (RitaE/Pixabay)

Markets

Here’s Why Artificial Intelligence Focused Cryptocurrencies Are Vastly Outperforming Bitcoin

Tokens utilizing AI technology have been on a tear in the past months. Some are sold on the hype, while some remain wary.

(DALL-E/CoinDesk)

Web3

Shiba Inu-Themed Floki to Release Chinese Version of Its Upcoming Valhalla Game

China’s crypto policies remain highly restrictive, but that’s not stopping some crypto projects from trying to attract users from the country.

(Christal Yuen/Unsplash)

Tech

DeFi Lender Aave to Distribute Lido Staking Rewards on Arbitrum and Optimism

Over 99% of all Aave governance participants voted in favor of the proposal.

(Micheile/Unsplash)

Tech

Uniswap DAO Approves Boba Network Deployment in Latest Community Vote

With its deployment on Boba Network, Uniswap has the opportunity to expand its community to include the users within Boba’s multichain ecosystem, significantly increasing both its total value locked and its transaction volume.

(Unsplash, modificado por CoinDesk)

Finance

DeFi Lender Alchemix Approves ALCX Token Buyback Plan

The new revenue spend model seeks to move Alchemix’s synthetic tokens in line with their underlying assets.

(DALL-E/CoinDesk)

Consensus Magazine

The Rise of Crypto's Brand of Regenerative Finance

Call it a culture shift or an evolutionary process, why this group of crypto-natives is building "public goods" for the longterm rather than focusing on short term profits.

Manuel Alzuru, fundador de DoinGud, dijo que “se está produciendo un despertar social” y que el futuro de las criptomonedas estará estrechamente vinculado a las ReFi. “Este es solo el principio”. (Kristopher Roller/Unsplash)

Markets

Decentralized Lending Protocol Centrifuge Accrues $6M Unpaid Debt

1754 Factory, the originator of the debt pool with the most distressed loans, said it is liquidating the assets off-chain and negotiating with borrowers for repayments.

Wikimedia Commons