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Hoo’s First Stage of Token-Repurchase Program Completed With Over 400,000 HOO Token Added to Its AMM Liquidity Pool
21.2.2022
PRESS RELEASE. On February 17th, 2022, Hoo announced the completion of the first-stage token-repurchase plan on HOO Token with a cumulative total of 423,982.18 HOO repurchased from the secondary market. From January 2022, Hoo had imposed the strategic plan on generating 30% of the income revenue...
Hoo AMM Pool Launched, New Access to Increase User Yields
21.1.2022
PRESS RELEASE. According to Hoo users who participated in AMM (Automated Market Maker) test, each liquidity pool of Hoo has listed quantitative data, such as total liquidity, 24H transaction fee, 1 day and 7 days annualized return for users’ reference. Compared to on-chain DEX providing liquidity...
Animoca Launches Next $BONDLY Liquidity Pool on SushiSwap
29.11.2021
The game products of Animoca Bonds witnessed the mass integration of Bondly’s services. These included Bondly’s launchpad, blockchain technology, and NFT bridge. Being listed in the list with only a few End-to-End NFT platforms, Bondly excels in offering digital-first goods. The integration of...
Meet the First BCH Dex Built on Smartbch — Benswap.cash Presents High-Yield Liquidity Pools, Noncustodial Swaps
8.9.2021
Decentralized finance (defi) has set a trend during the latter half of 2020 and into this year, as statistics show $168 billion is locked in defi across various blockchains. The Bitcoin Cash network now has the Smartbch protocol and in recent times, a decentralized exchange (dex) platform...
Kenya Based Technology Firm Switches to Pancakeswap, Cites High Gas Fees on Uniswap
17.5.2021
In its bid to help users avoid high gas fees on Uniswap, a Kenya-based fintech firm, UTU, recently launched a liquidity pool on the decentralized exchange (dex), Pancakeswap. This launch enables prospective UTU coin buyers to acquire the token “with low fees and fast confirmation...
IDEX's ‘hybrid liquidity pool’ aims to tackle some of DeFi’s biggest problems
6.5.2021
DeFi’s tremendous growth hasn’t come without obstacles; the nascent industry still struggles with high costs, failed trades and front-running
xSigma DEX Launch: More Than $100M in Liquidity Pooled on First Day
2.3.2021
PRESS RELEASE. xSigma, a decentralized exchange for stablecoin swaps, has successfully launched on the Ethereum network on February 24, 2021. The integrated DEX and liquidity mining platform xSigma, which is backed by a NASDAQ-listed company, has seen great interest in its stablecoin liquidity...
Aave and Balancer announce hybrid AMM liquidity pool & lending product
23.2.2021
In what may become an industry standard, unused liquidity from Balancer will be deposited into Aave, significantly increasing depositor yield
Following Balancer V2 protocol announcement, yield farming still in development
2.2.2021
The team is awaiting community input to determine the parameters of V2's liquidity mining
Projects weigh security risks, benefits of liquidity pool token collateral
19.1.2021
Liquidity pool token-backed collateral could bolster DeFi's TVL, but can it be used securely?
Lightning Network’s New Liquidity Marketplace Attracts a ‘Surprising’ Mix of Individuals, Enterprises
19.11.2020
Lightning Labs’ new liquidity marketplace, Lightning Pool, has seen more early-stage growth than its creators expected
Q3 Crypto Volumes up by $155 Billion as Defi Hype Drives DEX Growth by 197%
11.10.2020
The latest data from Coingecko shows that the combined trading volumes of cryptocurrency exchanges went up by $155 billion between July and September, from $175.7 billion to $330.6 billion. The new total volume represents a 88% increase which Coingecko attributes to the decentralized finance (defi)...
Defi Trader Pockets $250k From Bug Exploit, Hints at Possible Exit Scam by $SYFI Devs
10.9.2020
An anonymous Defi trader says he gained almost $250 000 after inadvertently exploiting a rebase bug embedded in the $SYFI Defi token. The trader, who insists he had no prior knowledge about the bug, got this reward after staking an initial investment of 0.5 ETH or about $175 at current prices. In...
How to Leverage Uniswap – Ethereum’s Noncustodial Defi Trading Platform
6.9.2020
In 2020 decentralized exchanges (dex) have grown quite mature compared to just a few years ago. One specific dex gathering a lot of steam this year in the defi world is Uniswap, a trading platform that held $1.3 billion locked in value and dominated most defi applications by over 18% Friday...
Sushiswap Founder Reportedly Exit Scams as Sushi Token Price Tanks
5.9.2020
The anonymous founder of Sushiswap has reportedly exit scammed after converting all of his sushi tokens to ETH on September 5. Reports of the alleged scam came a few after the sushi token, which forked from the Uniswap protocol, went up in value to $10 in just 24 hours. A Twitter user Spensernoon...
Yield Farming Pool Concept May Solidify Ethereum’s Role as BTC’s Main Sidechain
26.6.2020
Decentralized finance (defi) applications on the Ethereum chain have been growing wildly during the last two years. Now a number of synthetic versions of bitcoin, that leverage the Ethereum chain, has outpaced offchain solutions like Blockstream’s Liquid and the Lightning Network. Just...