Latest news

  • This Week in DeFi – May 8th

    To Our DeFi Community,
    Another exciting week in the world of DeFi.
    Late last week, we saw MakerDAO elect to support WBTC as a collateral type featuring a 1% stability fee with a 10M debt ceiling. While many ETH enthusiasts are worried about the adoption of other assets into the Maker protocol – thus taking away from the value proposition of ETH as trustless collateral – the addition of WBTC may have negligible effects on the stability protocol. According to DeFi Pulse, there’s … … More

  • This Week in DeFi – May 1st

    To Our DeFi Community,
    Another week in DeFi officially in the books!
    The most notable event this week was UMA – the permissionless derivatives and synthetic assets protocol – launching an Initial Uniswap Offering. For those that missed it, the offering deposited 2% of the 100M UMA supply into Uniswap along with roughly $500k in ETH, allowing anyone to participate. As a result, the token distribution event saw massive demand as UMA tokens were quickly soaked up from the open market. W… … More

  • tBTC Launch: Bitcoin in DeFi + Interview with Keep’s Matt Luongo

    tBTC – a trustless solution to bring Bitcoin to DeFi – has officially launched on Ethereum mainnet. Day 0 @keep_project.
    — Matt Luongo (@mhluongo) April 27, 2020 As an open-source project led by Keep, Summa, and the Cross-Chain Group, tBTC allows Bitcoin holders to seamlessly convert BTC into an ERC20 token without third party approval.
    Many have come to praise tBTC for their trustless approach to Bitcoin wrapping, and we expect to see the project m… … More

  • PieDAO Launches BTC++ Pies

    As we continue to explore the depths of DeFi liquidity providers, we’ve seen a number of novel solutions looking to bring Bitcoin to Ethereum to unlock additional lending and trading avenues for the world’s most valuable cryptocurrency.
    A few weeks back, we covered PieDAO – a new project granting anyone the ability to create a tokenized portfolio allocation, including exposure to both crypto & traditional assets (via synthetic assets). These tokenized portfolio allocations … … More

  • This Week in DeFi – April 10th

    Welcome to our third edition of This Week in DeFi – a newsletter covering the top stories in open finance!
    The effects of COVID-19 continue on as the world shelters from a global pandemic. While lending rates have taken a toll in light of Black Thursday earlier this month, the DeFi space continues to progress forward on a collective journey in building a new, parallel financial system for the world – lego by lego.
    One of the most notable stories this week was MakerDAO opening up cons… … More