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Tron's 'JUST DeFi' Exchange and Yield Farming Launching in August


Justin Sun. Source: a video screenshot, Youtube, Tron In an effort to broaden its decentralized finance ecosystem, major blockchain platform Tron has announced the launch dates for two more products - both said to be coming in a month. Justin Sun, founder of Tron (TRX), took to Twitter to announce...

YFI Grabs Yield Farmers' Attention as DeFi Hits USD 3bn Milestone


It's getting busier in the world of decentralized finance (DeFi) every day: the total value locked surpassed USD 3 billion, while a new governance token took the yield farming spotlight. DeFi has been hitting major milestones over the past few months, with the total value locked (TVL) rising...

Yield Farming ‘Frenzy’ Didn’t Boost DeFi User Numbers


A new report has found that so-called “yield farming” has taken the decentralized finance (DeFi) scene “by storm” of late – but has failed to bring large amounts of new people to the DeFi table, and has done little to help the “DeFi community grow beyond its current borders.” These were...

Ethereum's Buterin Calls DeFi-powered Yield Farming ‘Unsustainable’


Ethereum (ETH) Co-founder Vitalik Buterin said he has a bit of “love and hate” for the influx of decentralized finance (DeFi) apps that have been built on the network of late – although he labeled them “valuable and essential” to the blockchain's community. Speaking in an interview with Ryan Sean...

Trouble in Defi Paradise: Compound-Issued DAI Surpasses DAI in Circulation


A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much larger than what is recorded in circulation. At press time, Compound statistics show there’s $523 million worth of DAI held in reserves, while...

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