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

Upgrade ethers.js to 5.6.1 to activate ENS L2/Offchain integration

As RicMoo recently announced, the latest ehters.js comes with two important features that enable ENS L2/Offchain integration. ENSIP-10: Wildcard Resolution EIP3668: CCIP Read: Secure offchain data retrieval You should not need to change any of your code as long as your app is interacting with ENS through etherjs ENS methods . Here is the minimum … Read more

This Week in DeFi – November 5

To the DeFi community, This week, the Aave community voted to approve a proposal for Aave V3, introducing the next evolution of the DeFi borrowing and lending protocol with a host of new features including adjustable borrowing limits for improved risk management and portal bridges between Aave instances on different protocols for cross-chain liquidity. 1/ … Read more