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Nalezeno "what is DeFi": 7810

Public testnet of Arbitrum Stylus goes live


Arbitrum Stylus is now live as a public testnet, opening the doors for developers and creators to get on board and give their best shots to the open-source SDK. Developers can leverage the facility of EVM and WASM, allowing them to craft a smart contract in any programming language they want....

sDAI Pool by Aave goes live after MakerDAO pulls yields downs


Aave has announced launching the sDAI pool following a reduction in the DSR yields. DSR refers to the DAI Saving Rate. It was originally set to 3.3%, later pitched up at 8$, only to bring it down again. Rune Christensen, the Co-Founder of MakerDAO, has suggested further lowering the DSR yields...

StarkWare recovers blocked funds


StarkWare, which is an Ethereum upgrading protocol, had funds to the tune of $550,000 blocked following an upgrade. This occurrence took place because a section of funds was siloed. However, as per reliable information released, the company has managed to successfully redeem the amount. During...

Uniswap Class Action Dismissed in Landmark Ruling for DeFi


Legal proceedings against Uniswap, a leading decentralized exchange protocol, took a turn today when a class action lawsuit filed against it was dismissed.  Mike Wawszczak, a legal analyst, revealed that the judge presiding over the case — initially lodged by the US Securities and Exchange...

A Guide to TradFi Blockchain Adoption


As financial institutions look to come on-chain, total value locked, or TVL, is anticipated to be the leading indicator of where adoption will occur

UniLend Finance Empowers Community Governance with the Launch of UFTG Token


PRESS RELEASE. UniLend Finance, a leading decentralized finance (DeFi) protocol is thrilled to announce the launch of its new wrapped governance token, UFTG (UniLend Finance Governance Token) as the revolutionary protocol approaches closer to Governance launch on 4th September. This groundbreaking...

Velodrome to Introduce Aerodrome DEX on Coinbase's Base Network


Decentralized finance (DeFi) protocol Velodrome has launched Aerodrome, a new decentralized exchange (DEX) built for Coinbase’s layer 2 blockchain Base. The new DEX promises to allow traders to swap tokens with “minimal slippage” and low fees, while also rewarding users with governance tokens that...

Kana Labs gets membership in Japanese Crypto Asset Blockchain Association


Kana Labs takes a great amount of pleasure in coming out with its official declaration that it has attained membership in the Japanese Crypto Asset Blockchain Association (JCBA). It is the 30th company to do so. In the case of JCBA, it is a coalition that consists of multiple business houses that...

Balancer briefs community about taking precautionary steps


Balancer reported the vulnerability to the community on August 22, 2023. Every member has been on their toes since then. Reports claimed that the breach had affected 1.4% of the Total Value Locked. The portion was later revised to 0.89%, roughly translating to $5.6 million. This has been credited...

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