Lending
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.
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.
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.
Decentralized Lending Protocol Clearpool to Start Institutional Borrowing Platform
Clearpool Prime will allow institutional borrowers to create permissioned borrowing pools with their own loan terms.
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.
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.
DeFi Lender Aave Deploys Version 3 on Ethereum Network
Aave v3 allows users to benefit from the highest borrowing power out of their collateral.
Maple Finance Plots Comeback With New $100M Liquidity Pool for Tax Receivables With 10% Yield
After defaults and a major overhaul, crypto lending protocol Maple Finance moves away from uncollateralized lending toward bringing yield-generating real-world assets to crypto investors.
Aave Community Voting to Deploy Version 3 on Ethereum
If the proposal passes, the latest iteration of the Aave protocol will come to the Ethereum blockchain, Aave’s first and largest market.
Fintech Firm Arch Starts Crypto Lending Product, Raises $2.75M
The fintech startup plans to allow other alternative assets as collateral in the future.
