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Defi Implosion: YAM Token Market Cap Plummets to Near Zero After Founder Claims He ‘Failed’
13.8.2020
Yield farmers excited about the recent decentralized finance (defi) project, Yam Finance, got a rude awakening after the token’s value plummeted in value to near zero. Yam Finance developers discovered a major flaw in the rebasing contract and at 4 a.m. ET, cofounder Brock Elmore tweeted that...
Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug
13.8.2020
A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform in 17 hours on Tuesday. On social media and crypto-focused forums, people have been very skeptical of the Yam Finance project as the code has not been audited....
Deposits in ‘Monetary Experiment’ Meme Token YAM Break $460M
12.8.2020
YAM, DeFi’s latest farm-fresh product, has never been audited. Yet that’s not holding back traders from pumping the token’s price to a high of $138 since it launched Tuesday
Surging Interest in ‘Yam’ Yield Farming — But Is It Too risky?
12.8.2020
Yam Finance claims to bring fairness to farming with new elastic supply token
Yield Farming Fuels Buzz Around DeFi, but Fundamentals Are Lagging
9.8.2020
DeFi has been the name of the game since the start of the summer, but how much is the sector really growing?
The Brave New World of Generating Yield Returns from Crypto Lending
7.8.2020
Ryan Anderson is the Head of Trading at Wave Financial Group, a Los Angeles and London based investment management company that provides institutional digital asset fund products. Before joining Wave Financial Group in 2019 Ryan was a research associate at Bridgewater Securities and trader...
Negative USD Yield Risk Adds Bitcoin On Software Giant’s Radar
6.8.2020
Following announcements from major mainstream investors such as Paul Tudor Jones that they are adding bitcoin (BTC) to their portfolios as an inflation hedge, a US-based major software company said that it may invest part of its cash into bitcoin and other alternative investments, citing “negative...
Genesis Reports Q2 Crypto Loans Spiked 118% to $1.4 Billion Amid Rising Yield Farming Interest
5.8.2020
Genesis Capital said Tuesday that its total number of loans outstanding more than doubled to $1.4 billion for the second quarter to June, up from $649 million three months earlier. The crypto lender, which targets institutional investors and wealthy individuals, added over $2.2 billion in...
As DeFi Booms, Yearn Finance (YFI) Shifts 100% of Token Supply to Users
3.8.2020
The DeFi sector recently achieved a record $4.23 billion in total value locked, so why did Yearn Finance distribute its full token supply to its users?
Zero Collateral: $138 Million in Defi Flash Loans Issued in 24 Hours
30.7.2020
The decentralized finance (defi) realm continues to heat up with concepts like yield farming, but another scheme called defi flash loans has also grown exponential. On Monday, the noncustodial lending protocol Aave issued $138 million in loans with zero collateral. Since the last week of June, defi...
Cake DeFi: A One-Stop Shop for Generating Yield
29.7.2020
Cake DeFi, a platform that allows users to generate cash flow through pooled masternode staking and options lending, has created a platform with a clean user interface that allows anyone from the novice to the time-starved investor, to start earning interest on their cryptocurrency with a couple...
DeFi Yield Farming Is Driving Adoption, but Stakeholders Urge Caution
27.7.2020
Industry observers say unchecked yield chasing may have negative consequences on the fledgling DeFi market
Multiplier Incentivises Yield Farmers with MXX Tokens
27.7.2020
Bitcoin Press Release: Multiplier platform will officially launch the minting of MXX tokens on its platform on the 29th of July, 2020. 27th July, 2020, Switzerland – MXX tokens are designed to balance liquidity for depositors and lenders through algorithmic derived interest rates and yield....
pNetwork Launches Yield Farming Programme, Steroids
24.7.2020
The pNetwork, the decentralised ecosystem backing the cross-chain pTokens solution, has announced the launch of its yield farming programme, Steroids. The programme will run for a period of one month and will award Uniswap liquidity providers with up to 10% monthly interest, distributed in pNetwork...
A Simple Explanation of DeFi and Yield Farming Using Actual Human Words
22.7.2020
A primer on yield farming, liquidity mining, automated market making and all the other terms shaping the brave new world of decentralized finance
Ethereum’s 2020 Defi Boom Doubles Active Ether Addresses, But Fees Skyrocket
22.7.2020
The number of active Ethereum addresses has grown aggressively in 2020 because of the decentralized finance (defi) boom. Active Ethereum addresses doubled in size leaving networks like Tron, Cardano, and EOS in the dust. There’s a lot happening in the world of decentralized finance (defi)...
Tron's 'JUST DeFi' Exchange and Yield Farming Launching in August
21.7.2020
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
21.7.2020
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...
Y Curve Interest Rates Reach 2,000%, Assets Under Management Grows Tenfold After Token Launch
21.7.2020
Depositors to the Y Curve decentralized finance (defi) pool received as much as 2,000% in interest this Saturday and about 600% (annualized) for the entire day. Before this increase, liquidity providers had been earning an aggregate rate of 10.58%. The latest interest rate growth follows Yearn...
Troll Token? Why DeFi Yield Farmers Are Now All About YFI
21.7.2020
YFI is the latest DeFi token to top the charts. Yearn Finance Interest? Your Favorite Idea? Its intent unclear, but YFI is now trading at $1,070