This Week in DeFi – May 6

To the DeFi community, This week Tron’s new algorithmic stablecoin USDD has gone live, with promises of a 30% annual yield. Following in the footsteps of the Terra USD’s Luna Foundation Guard, Tron DAO is seeking to accumulate $10 billion in reserves for the stablecoin to stabilize its price. If successful, USDD may suck some … Read more

Olympus Pro Spotlight: Pangolin

Olympus Pro Spotlight is a series where we highlight our Olympus Pro cohort partners to give OHMies insights into what our partners are building, how their token works, and why they chose Olympus Pro. What is Pangolin? Since their fair launch in Feb. ’21, Pangolin has grown to a TVL of >$442m while their governance token, … Read more

Polkaswitch Launches on Avalanche to Expand Multi-Chain Liquidity

Polkaswitch Community Sep 1 · 3 min read We are excited to announce the launch and expansion of our cross-chain liquidity protocol on Avalanche! Avalanche is an open-source platform for launching decentralized applications in an interoperable, highly scalable ecosystem. It was built by Ava Labs and processes over 4500 transactions per second without the security … Read more