DeFi
DYdX DeFi Grants Renewal Proposal Spurs Polarized Community Discussion
Nearly 90% of voters favor the grants proposal, but many in the community pointed out controversial limitations.
Arbitrum-Based Radiant Capital Targets Outsized Platform Profitability With V2 Launch
Radiant has already generated $5 million in fees for users since its July launch.
How to Avoid the Death of DeFi in the Wake of FTX
The crypto exchange’s collapse is an inevitable outcome for an industry yet to find its use case. For crypto to survive, it needs to learn from the very financial sector it set out to replace, says Brent Xu, the CEO of Umee.
DeFi's Current Functionality 'Barely Scratches the Surface,' Bank of America Says
The correction in digital asset markets last year led to a shift in focus and capital from speculative trading to projects with real-world functionality, but decentralized finance’s (DeFi) current functionality "barely scratches the surface," Bank of America (BAC) said in a research report Wednesday. The banking giant added that developer activity and adoption are part of the key to success. "The Hash" panel discusses the key takeaways of the report.
Aave Deploys Native Stablecoin GHO on Ethereum Testnet
GHO joins an increasingly competitive space as rival DeFi protocols also issue or are moving to release their own protocol-native stablecoins.
Bank of America: Innovation to Expand Decentralized Finance Functionality Over Time
Developer activity and adoption is the key to success, the report said.
DeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol
The protocol is a fork of Aave v3 and will increase the use case for the DAI stablecoin.
Umami Finance CEO Dumps All Tokens After Week-Long Drama, Leaving Crypto Hopefuls Stranded
The move follows Umami making changes to how its value accrual token worked.
Tron Blockchain Commits $100M in Grants to AI-Focused Projects
The commitment comes as AI-focused tokens take over the narrative in crypto circles.
Cardano Upgrade Aims to Improve Cross-Chain Features as On-Chain DeFi Crosses $100M TVL
“This upgrade will bring new cryptographic primitives to Cardano, encouraging greater interoperability and secure cross-chain dapp development with Plutus,” IOG said Wednesday.
