This Week in DeFi – September 17

To the DeFi community, This week, Avalanche announced raising $230 million in a private token sale to investors led by Polychain and Three Arrows Capital. The sale was completed in June 2021, and the funds will be used to accelerate the growth of DeFi and enterprise applications on Avalanche through token purchases, grants, and technological … Read more

This Week in DeFi – September 10

To the DeFi community, This week, Harmony unveiled a $300 million fund to support development of startups working in the Harmony ecosystem, with specific funding for DAOs, bug bounties, hackathons, partnerships, and more. The fund will plan to pay out more than $180 million in its first year, with the full amount to be disbursed … Read more

This Week in DeFi – August 20

To the DeFi community, This week, Balancer introduced the Balancer Grants DAO, a community-driven DAO with the power to grant between $1,000 and $75,000 to projects committed to helping Balancer become the leading DeFi protocol for programmable liquidity. The initial round of grants will be disburse 20,000 BAL tokens over the next three months. Follow … Read more

This Week in DeFi – July 9

To the DeFi community, This week, popular DeFi tracking platform Zerion closed a series A funding round for $8.2 million, led by Mosaic Ventures and joined by DCG, Placeholder, Lightspeed, and others. The funds will go towards scaling infrastructure to meet growing demand for Zerion desktop and mobile tracking services, expanded multichain support, and optimising … Read more

Beta Finance to Launch DeFi Asset Shorting Platform

The latest new idea to come out of the decentralized finance (DeFi) sector is a platform that makes it easier to short crypto assets. Sponsored Sponsored Beta Finance claims that the extreme price volatility for cryptocurrencies triggers instability, and harms the long-term adoption of DeFi by both retail and institutional users. In a blog post … Read more

This Week in DeFi – May 14

To the DeFi community, Enzyme continues to upgrade its one-stop-shop for collective crypto investing, adding access to Curve Finance stETH-ETH liquidity pool via the Enzyme protocol interface. In addition to other yield farming opportunities available through Enzyme vaults, the stETH-ETH pool will generate rewards in LIDO, CRV, and proportional fee revenue from trades made using … Read more

This Week in DeFi – May 7

To the DeFi community, This week, Uniswap V3 has finally dropped! The upgrade to DeFi’s most popular protocol brings custom liquidity pools with bounded asset prices to protect against impermanent loss and drastically increase capital efficiency, resulting in super low slippage and improved returns for liquidity providers. LP strategies can now be much more targeted … Read more

This Week in DeFi – April 16

To the DeFi community,   This week, Sushiswap dev Boring Crypto quietly announced the full mainnet launch of Kashi, the first of many BentoBox apps being developed for the decentralized exchange platform. Kashi enables leveraged long and short positions in a wide variety of tokens drawn from the Onsen yield farming program, and liquidity providers … Read more

This Week in DeFi – April 2

To the DeFi community, This week, the dam finally broke as a flood of new Ethereum-based L2 DeFi offerings hit the market, opening the way for millions of new users to get in on the action without breaking the bank on gas fees. Dharma announced Gas-Lite, bringing one-tap access to depositing funds in blue-chip DeFi … Read more