Band Protocol May 2021 Community Update

Dear Band Community, With the 2021 year crossing over into June, the setting stones for BandChain Phase 2 has been placed and the gap for enterprises as well as institutions to enter the decentralized application space has never been closer. Codenamed Laozi, the BandChain Phase 2 testnet #1 is currently live with a successful test … Read more

Balanced Network Strategic Partnership With Band Protocol and Launch Review

Balanced, the first decentralized finance platform on the ICON Network and integrator of secure price oracles from Band Protocol to ensure safe and reliable collateral, risk ratio, and liquidation mechanisms has secured $225M TVL without incident in the 5 weeks it’s been live on Mainnet. Balanced would rank #25 on DeFi Pulse per the total … Read more

This Week in DeFi – May 28

To the DeFi community, This week, renVM joined forces with Polygon to bring wrapped token bridges directly to the leading Ethereum L2 solution. The bridge will initially support cryptos including Bitcoin, Luna, Filecoin, and Dogecoin, with more to follow in the coming weeks, greatly expanding the variety and liquidity locked in the Polygon ecosystem. Excited … Read more

C.R.E.A.M Upgrades All Lending and Borrowing Markets to Integrate Band Protocol Oracles

C.R.E.A.M Finance, a cross-chain decentralized money market and close collaborator of Yearn.Finance, has completed integration with Band Protocol price oracles on Binance Smart Chain and Fantom — upgrading all lending markets. The integration comes to increase the degree of security and trust deep into the protocol level to secure more than $622M in total value locked in … 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 – April 23

This week, Balancer officially launched smart contracts for V2 of the token pooling and swap platform, allowing developers to take a closer look before the user-friendly front end application launch scheduled for April 28. The original Balancer architecture already offered some of the most advanced AMM capabilities in the DeFi ecosystem like dynamically adjusted weightings … 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 9

To the DeFi community, This week, Chainswap raised $3 million in a funding round led by Alameda Research and the OKEx OK Block Dream Fund, while also taking the rare step of announcing an upcoming airdrop before the snapshot has been taken. Chainswap currently bridges between Ethereum, BSC, and the Huobi ECHO chain, with plans … 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