94 Articles 3 Followers
4 Nov 2020 1 minute read 2 comments Abhimanyu Krishnan
DeFi financial markets-focused project Universal Market Access (UMA) on November 3 announced the launch of developer mining, a new type of liquidity mining that rewards developers for building on the UMA protocol. Set to launch on November 10, deve...
3 Nov 2020 1 minute read 10 comments Abhimanyu Krishnan
Lightning Network development company Lightning Labs announced on November 2 that it had launched Lightning Pool, which makes it possible to earn yield on Bitcoin (BTC) by selling liquidity access on the Lightning Network. Lightning Pool is a non-cu...
26 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan
The BarnBridge project’s BOND token has increased by over 300% in 12 hours on October 26, following the end of the staking pool’s first epoch on October 26. The project released rewards in the form of 32,000 BOND tokens to stakers following the end...
21 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan
On October 18, Bancor Network (BNT) launched its 2.1 update on the mainnet, bringing with it some major features including an Automated Market Maker (AMM) and a new governance token. The Bancor 2.1 upgrade introduces a single-sided AMM with an elas...
19 Oct 2020 5 minute read 2 comments Curexmy.com
On 20 August 2020 the flow chain foundation had minted 20,000 DEXG tokens on DEXG Ethereum smart contract with the aim of solving the problem of high slippage on decentralized exchanges order matching issues along with liquidity providers order book...
19 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan
Newly released tokenized risk protocol BarnBridge has garnered over $100 million in total locked in value, just days after its launch on October 14. The BarnBridge protocol has seen over $100 million in USDC, DAI, and sUSD in just 5 days Yield farm...
21 Sep 2020 1 minute read 0 comments Abhimanyu Krishnan
Curve Finance launched a dividend program on September 19 for holders of governance token CRV, the result of which is that fees are now distributed between liquidity providers and token holders. The dividend program is a result of community-lead pro...
18 Sep 2020 1 minute read 9 comments Abhimanyu Krishnan
The SushiSwap platform has fully transitioned into community control, according to posts by the team and FTX CEO Sam Bankman-Fried made on September 17 and 18. Bankman-Fried, who rescued the SushiSwap platform, confirmed that the control was passed...
14 Sep 2020 1 minute read 1 comment Abhimanyu Krishnan
Crypto.com launched a new yield farming focused feature called DeFi Swap on September 11. The feature is closely tied to the CRO token and aims to provide users with the best possible rates. DeFi Swap will let users swap and farm DeFi tokens and pro...
4 Sep 2020 1 minute read 0 comments Abhimanyu Krishnan
yEarn Finance’s yield farming mechanism yETH vault, has secured over $140 million in just 2 days, The yETH vault was launched on September 2, and automates the liquidity provision process In the case of the yETH vault, ETH is provided to Maker CDPs...
