Yearn Finance explained: What are Vaults and Strategies?

Marco Worms 2 hours ago·5 min read Simple Ethereum Yearn Vault Example Yearn Finance is a suite of products in Decentralized Finance (DeFi) that provides yield generation, lending aggregation, and more on the blockchain. The protocol is maintained by various independent developers and is governed by $YFI holders. The current user-facing core product of Yearn … Read more

The Bancorian | Dec 20–26 2021

In this week’s Community Call recording, Bancor shared the development updates above and answered questions from the community. Additionally, the call featured BBS Network who outlined a proposal to onboard BBS Token on Bancor with external IL protection. BBS Network with Eyal “BBS is like a Reddit forum with moderators, now decentralized to run on … Read more

Announcing: Olympus Incubator

Our goal at Olympus is to create the reserve currency for DeFi. In order to achieve our lofty ambitions, we must build the greatest digital economy in the world: the econohmy. The former cannot exist without the latter. “We shall strive to enable radical ideas to become reality. Through this, Olympus (itself a radical idea) becomes … Read more

Set Protocol live on Optimism — Enabling Structured Products on Layer 2

Andrew Wilkinson Jan 12 · 6 min read Today, we are excited to announce the launch of the Set Protocol on Optimism as we continue to strive to enable and scale best-in-class decentralized asset management infrastructure to the most exciting network ecosystems. Scaling DeFi Structured Products Trends are clear, investors will go to where investment … Read more

IB Token Distribution

Dear C.R.E.A.M. community, partners & friends, thank you for all your support and commitment. As mentioned in the Iron Bank announcement, CREAM token holders will be eligible to receive IB token distribution in the form of 4-year locked veIB on Fantom Opera. veIB distribution will be available for claim by CREAM token holders who stake … Read more

Squeeth Primer: a guide to understanding Opyn’s implementation of Squeeth

Wade Prospere Jan 9 · 25 min read (Acknowledgements: Zubin Koticha, Andrew Leone, Alexis Gauba, Joe Clark, Tammy Fisher for feedback, revisions, and being frens) Squeeth Cat riding courageously into DeFi’s derivatives landscape on top of Uni v3 Introduction Squeeth (squared ETH) is a new financial derivative invented by the Research Team at Opyn (Zubin … Read more

Why Buy a Set? A Short Overview

Andrew Wilkinson Jan 7 · 3 min read Sets are the bundling of crypto-assets into fully collateralized baskets, represented as investable ERC-20 tokens. Today, some of the most successful and diversified structured products are built on Set Protocol, such as the DeFi Pulse Index ($DPI), Metaverse Index ($MVI), and recently launched Bankless DeFi Innovation Index … Read more

How to hedge options with SQUEETH

Joseph Clark Jan 4 · 5 min read Opyn is deploying an easy-to-use quadratic contract SQUEETH (squared ETH) that can be used to hedge options, CFMMs like Uniswap, and anything else that has a curved payoff. Here we’ll show an example hedging an ETH/USD call option. It’s significant that SQUEETH can hedge any ETH/USD option … Read more

The Bancorian | Dec 13 – 19 2021

In this week’s Community Call recording, Bancor shared the development updates above and answered questions from the community regarding the upcoming features of Bancor 3 Phase I (Dawn). Mark’s insight into the OriginTrail community’s proposal Regarding the proposal to monitor and adjust the TRAC-BNT pool’s fee, Mark pointed out that research across all DEXs shows … Read more

Non-fungible Cheshire cats (Opium ID)

Introducing decentralized Know Your Cat (KYC) technology for unique non-transferable IDs Andrey Belyakov Dec 29 · 4 min read Introducing Cheshire Opium Team presents Cheshire cat avatars. It is a unique NFT that can be used for verification, achievements, reputation, or access to special products. Your Opium avatar may be transferable, however, the recipient’s address … Read more