This Week In DeFi – May 20

To the DeFi community, This week the Terra community is currently voting for or against a fork of the network, with a potential new chain that removes the UST stablecoin from the equation. Although the current governance voting is skewed highly in favor of the fork, a large proportion of the community appears to be … Read more

This Week In DeFi – May 13

To the DeFi community, This week, TerraUSD took center stage for unfortunate reasons, as the third-largest stablecoin lost its peg – sending Terra’s native LUNA token into a “death spiral”. Kick-started by an apparent attack on the system, a significant de-pegging of UST to the dollar resulted in a rush to the exits by token … Read more

Announcing the UST & LUNA Markets on Venus Protocol

The UST & LUNA markets have officially launched on the Venus Protocol. Both TerraUSD (UST) and LUNA are tokens with a strong team, vibrant and growing community, sizable market caps, and strong use cases to drive borrowing and lending on the Venus Protocol. Both LUNA and TerraUSD (UST) were created by the Terra (LUNA) team. … Read more

This Week in DeFi – January 21

To the DeFi community, This week, 1inch Exchange went live on Avalanche and Gnosis Chain (formerly xDai Chain) to expand DEX aggregation services to more corners of the DeFi ecosystem. At launch 1inch on Avalanche  aggregates liquidity from more than a dozen exchange protocols, and 9 from the Gnosis Chain. [email protected], one of the most … Read more