DeFi

DeFi, short for decentralized finance, represents a shift in the financial sector by leveraging blockchain technology, primarily Ethereum, to eliminate traditional financial intermediaries. It enables various financial applications, from simple transactions to complex contracts, through smart contracts that execute automatically under specific conditions. Key DeFi applications include decentralized exchanges (DEXs), stablecoins, lending platforms, and prediction markets. DeFi offers financial services like loans and interest-earning opportunities without traditional identity verification, relying instead on collateral, usually in cryptocurrency. This innovative sector promises increased accessibility and efficiency but comes with risks, such as market volatility and unregulated projects.

Mercados

Aave’s LEND Token Jumps 23% on Plan for Liquidity Mining

Aave’s LEND token is the day's top performer among cryptocurrencies with at least $100 million market capitalization.

Por Omkar Godbole30 jul 2020

Price chart of Aave's LEND token over past week. (CoinGecko)

Finanzas

Dharma Adds Uniswap Trading in Bid to Become ‘the Robinhood of DeFi’

Dharma, the Coinbase-backed decentralize finance startup, is adding token-exchange protocol Uniswap as its latest in-app offering.

Por Zack Seward30 jul 2020

Dharma wheel (Met Museum, modified by CoinDesk)

Tecnología

CoinDesk Live Recap: Ethereum's DeFi Luminaries Discuss What's Next

MakerDAO's Rune Christensen, Compound's Robert Leshner and Uniswap's Hayden Adams discussed the state of the $3.8 billion DeFi market.

Por Nate DiCamillo30 jul 2020

Will Foxley, Hayden Adams, Rune Christensen and Robert Leshner (clockwise from upper left) discuss DeFi on CoinDesk Live. (Screenshot)

Mercados

How DeFi Could Disrupt Traditional Finance, Feat. Sergey Nazarov

"Imagine a world without counterparty risk..." - Chainlink's co-founder Sergey Nazarov shares why the move from brand-based contracts to math-based contracts is inevitable.

Por Nathaniel Whittemore29 jul 2020

Tecnología

DeFi Lender Aave Rolls Out Governance Token on Path to Decentralization

Aave will transfer ownership of the protocol to a “genesis governance” built and approved by LEND token holders. It will also swap LEND tokens for AAVE.

Por William Foxley29 jul 2020

Finanzas

Why DeFi on Ethereum Is Like Algorithmic Trading in the ‘90s

DeFi's surge has created an interesting dynamic: Traditional fund managers are beginning to experiment with what decentralization has to offer.

Por Nate DiCamillo29 jul 2020

Finanzas

Proof-of-Stake Chains Team Up to Prove DeFi Is Bigger Than Ethereum

Terra is joining forces with Cosmos, Web3 Foundation and Solana to roll out a DeFi product meant for a wider consumer audience. Meet Anchor.

Por Brady Dale28 jul 2020

Daniel Shin y Do Kwon, cofundadores de Terra. (Terraform Labs)

Mercados

Soaring DeFi Usage Drives Ethereum Contract Calls to New Record

Coin Metrics reported the daily number of smart contract calls on Ethereum jumped to 3.11 million – a new record.

Por Paddy Baker28 jul 2020

Tecnología

One Billion, Two Billion, Three Billion, Four? DeFi's Knocking on TradFi's Door

DeFi is an overnight success years in the making. From "The DAO" hack to $3.6 billion in total value locked, here's the history of decentralized finance.

Por Brady Dale28 jul 2020