July 1, 2020

Daily Archives

Latest news

  • Latest Governance Proposals, New Product Launches

    Highlighting the best of Compound & the DeFi ecosystem. For more updates, join our community on Discord, Twitter, and Comradery.Governance Updates a.image2.image-link.image2-724-1456 { padding-bottom: 49.72527472527473%; padding-bottom: min(49.72527472527473%, 724px); width: 100%; height: 0; } a.image2.image-link.image2-724-1456 img { max-width: 1456px; max-height: 724px; } … … More

  • Dangers of Leverage to Yield Farm

    Hey everyone, I’ve started a DeFi Weekly Youtube Channel which has hand drawn videos of me explaining complex DeFi/crypto topics! They’re highly detailed and the perfect thing for if you want someone to sit down, and tell you how DeFi works.Here’s the next video in the series explaining how using leverage to Yield Farm is EXTREMELY risky and why you’ll probably blow yourself up using it.Like usual, please don’t hesitate to reach out and let me know what you think or … … More

  • Tornado Cash Launches a DAO to Fund Privacy on Ethereum

    Tornado Cash – the decentralized privacy protocol on Ethereum – announced the launch of Tornado Fund, a fund focused on investing and developing the privacy-preserving technology. Today, we’re announcing Tornado Fund, a DAO to invest in @TornadoCash. Support the development of the first, fully decentralized privacy-preserving technology for #Ethereum.
    https://t.co/zaurXk4nYZ
    — Tornado.Fund (@Tornado_Fund) July 1, 2020 For those unfamiliar, Tornado Cash is a non-custodial p… … More

  • Dharma Submits Compound Prop 12 to Update cDAI Interest Rate Model

    Summary Five days ago, we made an informal proposal on Compound Governance Discussion board to update the cDAI interest rate model. Post here. Over the past five days, our post saw excellent discussion and community validation. And as such, today we submitted a formal proposal to update the cDAI interest rate model on Compound. Proposal Transaction: https://etherscan.io/tx/0xec6cddd238e8ec8b12c44dc2dadcdd315da21586713e34339c1eed4ed2342d90#eventlog Compound Governance Proposal: https… … More

  • Looking Back at 5 Years of Proof of Work

    Our latest report reviews the performance of Ethereum’s consensus mechanism since 2015 and looks ahead to Ethereum 2.0’s Proof of Stake.Proof of Work has upheld the Ethereum ecosystem since its launch in 2015. Since then, a number of on- and off-chain events-including security events, network upgrades, and market forces-have influenced how miners and mining pools have interacted with the network.A visualization of the funds flowing from mining pools on the Ethereum network.Historically, mining d… … More

  • bZx Releases BZRX Governance Token Model

    bZx – the lending protocol behind Fulcrum and Torque – has just unveiled a finalized model for the distribution of their native governance token – BZRX We have been working to continuously improve and refine the protocol and its governance. Over the years, the $BZRX token model has evolved along with the industry, presenting fresh new ideas in the process. #defi #ethereum — bZx (@bzxHQ) June 29, 2020 While the project has been quiet in recent months, the release of an … … More

  • SNX Surges as Synthetix Debuts Binary Options with Acrux Upgrade

    Synthetix – the sector leading derivatives protocol – has officially released native binary options as part of the Acrux upgrade. We’re excited to announce that the Acrux release is now complete and binary options are now live at https://t.co/jQB0I2zxns! 1/3 pic.twitter.com/BL6nPOX05P
    — Synthetix (@synthetix_io) June 30, 2020 Last week, we recapped the latest Synthetix community call in which prominent community members expressed very optimistic opinions about the future… … More

  • The first $100m in NFTs

    How cool would it be to have Bankless in video format? That’s where I want to go next. But I need your help! If you want the Bankless program in video give 1 DAI & let’s make it happen!Give $1 to get Bankless to videoDear Bankless Nation,The non-fungible token (NFT) market is about to hit a major milestone. $100 million NFTs sold.I believe NFTs will be a trillion dollar market some day. That means $999.9 billion in future opportunity. We’re just .01% of the way in.This… … More

  • Bitcoin is Buckling Under Ethereum’s Gravitational Pull and It’s Only The First Victim

    Hello Defiers! One of the key trends this year has been the rise of Bitcoin on Ethereum, or linking BTC with ERC20 tokens for holders to access decentralized finance. While BTC is arguably the first non-native Ethereum asset to be ported over in a meaningful way, it could be the first of many financial assets sucked into the network as decentralized applications continue delivering an experience that’s many times better than legacy finance. This issue dives into this trend.Drivers behind t… … More

  • Entrepreneurs Have So Many Areas To Attack In A Post-COVID World

    To investors,COVID-19 has changed the world. There has been chaos and uncertainty in financial markets. 45+ million Americans lost their jobs. Over 500,000 people globally have died. And the global economy was ground to a halt as each country tried to deal with an invisible enemy.There has been incredible coverage of what has already happened, so I want… Read more … … More

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