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Nalezeno "what is DeFi": 7822

UniLend allows one to go long or short on one’s favorite world cup team


World Cup tokens by UniLend are aimed at boosting the adoption of DeFi, especially in the sense of lending and borrowing tokens within the community. Blockchain technology has been used in the world of FIFA. The FIFA World Cup fever has gripped everyone, with no sector remaining on the outside...

Hacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance


Arbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughly $6.9 million from the vulnerability. Lodestar Finance Loses $6.9 Million in an Exploit,...

Looking at DeFi's Untapped Potential


Gwendolyn Regina is Investment Director at BNB Chain.__________ Decentralized finance (DeFi) is the largest and most innovative crypto vertical in the last two years. DeFi has used smart contract platforms as a base to develop a network of interconnected layers for decentralized financial...

GammaSwap officially launches on the Arbitrum Network


GammaSwap recently released a tweet about officially launching on the Arbitrum network. The integration will help GammaSwap collaborate with Arbitrum to be a part of the upcoming DeFi innovation. The platform shared a string of tweets to inform users about the launch. According to GammaSwap...

Hop Protocol to soon debut on zkSync 2.0


Matter Labs has published an official blog post to inform the community that the plan to bring Hop Protocol live on zkSync 2.0 is in the pipeline. A tentative timeline is awaited; however, the objective will be to strengthen further the dream of increasing personal freedom by making Ethereum...

The best DeFi Yields: Oryen Network, Lido Staked ETH, and Apeswap


Yield farming is a common practice in the DeFi sector that is used to maximize returns. It can be used to earn crypto. A yield farmer can use numerous tactics to maximize output. For instance, they can shift between coins and multiple platforms to maximize their gains. While there are numerous...

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