Latest news

  • Dai Breaks Peg Amidst COMP Yield Farming cDAI Update

    Dai – DeFi’s defacto decentralized stablecoin – is facing a major hurdle as Compound adjusts it’s COMP token distribution to favor new assets earning the most COMP/day. Liquidity mining incentives are powerful.
    So powerful that they can cause exogenous shocks to other protocols.
    Is @MakerDAO up next? Props to @cyounessi1 for being ahead of the curve here.https://t.co/nLl4KsdYzE
    — Will Price (@will__price) June 29, 2020 With the passing of Proposal 11, COMP is now… … More

  • Ampleforth Launches Geyser AMPL Incentives for Uniswap Liquidity

    Ampleforth – a rising automated stablecoin rebalancing protocol – has just launched AMPL liquidity incentives using Uniswap. The #AMPLGeyser is LIVE! #AMPL Geyser is @AmpleforthOrg’s Liquidity Rewards Program for participants in the @UniswapProtocol$ETH / $AMPL V2 Pool
    Find it here: https://t.co/MVu0TuZi9o
    Audited by @certik_io
    We’ve sponsored insurance coverage for all users from @NexusMutual
    — Ampleforth #AMPL (@AmpleforthOrg) June 23, 2020 Ampleforth is the creator of… … More

  • Ampleforth Launches Geyser Yield Farming for AMPL Uniswap Liquidity

    Ampleforth – a rising automated stablecoin rebalancing protocol – has just launched AMPL liquidity incentives using Uniswap. The #AMPLGeyser is LIVE! #AMPL Geyser is @AmpleforthOrg’s Liquidity Rewards Program for participants in the @UniswapProtocol$ETH / $AMPL V2 Pool
    Find it here: https://t.co/MVu0TuZi9o
    Audited by @certik_io
    We’ve sponsored insurance coverage for all users from @NexusMutual
    — Ampleforth #AMPL (@AmpleforthOrg) June 23, 2020 Ampleforth is the creator of… … More

  • Curve Finance Integrates RenVM for Bitcoin Liquidity Pools

    Curve – a sector-rising liquidity aggregator – has just unveiled support for Ren and their newly launch RenVM. Curve Finance Integrates RenVM
    1⃣ Earn yield with your BTC 2⃣ Seamless BTC to WBTC on-ramp3⃣ Build new financial products with the renBTC <> WBTC liquidity pool@CurveFinance @WrappedBTC #RenVM #DeFi $BTC $renBTC $WBTChttps://t.co/F4U02piZX0
    — Ren (@renprotocol) June 11, 2020 For those unfamiliar with Curve Finance, the project has solidifie… … More

  • mStable Launches mUSD Stablecoin Protocol on Ethereum Mainnet

    mStable – a new DeFi protocol unifying stablecoins, lending, and liquidity into one robust standard – officially launched its beta on Ethereum mainnet. 1/ Today, I’m excited to announce that @mstable_ has gone live on the #Ethereum mainnet (in beta) mStable is a protocol that unites stablecoins, lending and swapping into one robust standard.
    Let’s explore what you can do with mStable today https://t.co/eKtZeuacQc
    — Anthony Sassano | sassal.eth (@sassal0x) May 29, 2020… … More

  • DeFiDollar Demo: HackMoney Interest-Earning Stablecoin Index

    Following up on our coverage of ETHGlobal’s HackMoney Virtual DeFi Hackathon submissions comes an exciting new project called DeFiDollar – an index of stablecoins set to mitigate peg slippage through a suite on innovative DeFi products. Introducing our @ETHGlobal #hackmoney buidl – DefiDollar. An index of stable coins that uses Defi primitives to stay near the dollar mark and subsidize the collateralization ratio. Let us know your thoughts!https://t.co/az028GfJgd
    — Arpi… … More

  • Ethereum & DeFi Go Mainstream with Visa and Reddit Integrations

    In the past week, we’ve seen two major catalysts within the Ethereum ecosystem coming from mainstream companies like Visa and Reddit.
    Reddit Launches Community Points
    First, Reddit launched the initial trials for “community points” – ERC20 tokens used to incentivize and reward contributions within certain subreddits. The Reddit trials are launching with two prominent communities combining for millions of active users – /r/cryptocurrency and /r/FortniteBR. BREAKING:… … More

  • Liquity Steps Up to Compete with Maker – Trustless Stablecoin Wars

    There’s a new decentralized stability protocol stepping up to the plate to compete with Maker.
    Liquity is an algorithmic governance, low collateralization, and interest-free lending protocol with many similarities to the Maker system. The system allows users to deposit ETH as collateral into a CDP/Vault equivalent (known as “Troves”) and in return receive LQTY – the protocol’s USD-pegged stablecoin. We are proud to announce Liquity (https://t.co/0Fc8kqVPLQ), a dece… … More