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Nalezeno "DeFi News": 1301

Stake DAO Uses Chainlink CCIP for Cross-Chain SDT Transfers

20.3.2024
Stake DAO has announced the inclusion of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to allow for smooth transfers of its native token, SDT, across other blockchain networks, marking a significant step toward interoperability. The formation of this strategic alliance signifies...

Layer 2 Blockchain Opens New Doors Following Ethereum’s Dencun Upgrade

19.3.2024
An Ethereum layer 2 network, Base, has established user metrics incubated by Coinbase, the popular centralized cryptocurrency exchange, that have surged since the Dencun upgrade was made on Ethereum on 13 March. It lowered transaction fees by almost 98% on layer 2 networks.  The Dencun upgrade...

Stride’s new staking protocol raises dYdX stake: A new economic boom

19.3.2024
To help secure its network, the multichain liquid staking protocol Stride is encouraging the dYdX community to stake 20 million DYDX ($67 million) from its community pool using Stride 2. A revolutionary measure has been taken to enhance the economic security of members of the dYdX community...

Migration of Native USDC on Polygon PoS is Now in Its First Phase

19.3.2024
As a consequence of the community’s feedback, native USDC went live on Polygon PoS in October 2023. It was hypothesized that adopting a conventional approach would result in increased user exposure and efficient capital utilization. USDC.e, an abbreviation for “Bridged USDC from...

Hana declares Multichain Restaking Trinity with Eigenlayer and Babylon

18.3.2024
Hana Network, the gateway for EigenLayer and Babylon, is pleased to announce the multichain restaking trinity. Hana Network has always focused on user onboarding apps, and it is also known as a Proof of Stake blockchain built on the Cosmos SDK and Tendermint consensus engine. Hana is a very popular...

Solana’s DeFi TVL skyrockets 80%: SOL’s next move?

18.3.2024
The Solana blockchain has shown a real feat, seeing its decentralized finance (DeFi) total value locked (TVL) increase by almost 80% in the last month alone, jumping according to DefiLlama’s data. This remarkable hike displayed the Solana TVL at the highest level in two years, marking...

Offchain Labs’ ArbOS 20 Atlas lowers Arbitrum transaction costs

15.3.2024
Offchain Labs has introduced ArbOS 20, which has been given the codename ‘Atlas.’ ArbOS Atlas will significantly decrease the transaction fees associated with Ethereum Layer 2, which is one of the most significant outcomes. The revolutionary ArbOS 20 Atlas is all set to bring innovative changes...

Space and Time to introduce its network on zkSync hyperchain

15.3.2024
Space and Time (SxT), a decentralized data warehouse utilizing AI to instruct its data models, will introduce its network on a zkSync hyperchain. Blockchain networks are known to function in warehouses and have restricted interoperability with other chains. zkSync hyperchains address the issue...

Arbitrum Seeks DAO Approval for $400 Million Gaming Ecosystem Fund

15.3.2024
Arbitrum Foundation proposes a $400 million gaming catalyst fund to the DAO for community endorsement, aiming to invigorate its blockchain gaming ecosystem over two years. The post Arbitrum Seeks DAO Approval for $400 Million Gaming Ecosystem Fund appeared first on Cryptonews

Swell Forms a Coalition with Altlayer and EigenDA

14.3.2024
Swell has struck a deal with Altlayer and EigenDa to introduce its Layer 2 rollup for restaking. Working upon its $1 billion in the form of TVL throughout its staked LST and LRT, Swell’s Layer 2 will be involved in liquid restaked assets on EigenLayer. Swell’s rollup will play the role of...

How COTI V2 Benefits from the Ethereum Dencun Upgrade

13.3.2024
COTI V2, a privacy-centric Layer 2 solution built on the Ethereum network, is expected to grow exponentially due to its close link to the Ethereum blockchain. As the Ethereum ecosystem strives for optimal performance, security, and scalability, COTI V2 is also readily aligning itself with...

Astar zkEVM positioned live on the DEX

13.3.2024
Astar zkEVM is now positioned live on the DEX, for which QuickSwap intends to further the acceptance of Astar Network’s zkEVM chain via its DEX framework. For the dragon community, this is indeed a landmark happening. Astar zkEVM was created as a Supernet to speed up the mass acceptance of Web3...

Solend expands DeFi horizons with Suilend on Sui Blockchain

13.3.2024
The team members of Solend, a DeFi lending protocol on the Solana blockchain, have delivered Suilend, its initial project beyond the Solana ecosystem. Suilend utilizes the DeFi knowledge of the team members differently, using the Move programming language and the potential and high level tools...

PancakeSwap V4 Unveils $3 Million CAKE Airdrop

12.3.2024
Decentralized exchange PancakeSwap has announced PancakeSwap V4 and an airdrop campaign to celebrate it. The post PancakeSwap V4 Unveils $3 Million CAKE Airdrop appeared first on Cryptonews

Curve Finance Plans to Increase AMM Fee, But For Good Reasons

11.3.2024
There is a new proposal to raise the Automated Market Maker (AMM) fee in LLAMMa (crvUSD), a liquidity pool, on Curve Finance, a leading decentralized exchange (DEX) popular for stablecoin swaps. The post Curve Finance Plans to Increase AMM Fee, But For Good Reasons appeared first on Cryptonews

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