This Week in DeFi – October 22

To the DeFi community, This week, Polygon paid it’s maximum bug bounty, $2 million, to white hat hacker Gerhard Wagner after his revelation that up to $850 million was at risk using an exploit in the Polygon Plasma Bridge. The vulnerability has been patched, and the $2 million bounty appears to be the largest amount … Read more

This Week in DeFi – September 10

To the DeFi community, This week, Harmony unveiled a $300 million fund to support development of startups working in the Harmony ecosystem, with specific funding for DAOs, bug bounties, hackathons, partnerships, and more. The fund will plan to pay out more than $180 million in its first year, with the full amount to be disbursed … Read more

Wormhole 2.0 Mainnet Launch Links Smart Contracts

Wormhole, a Solana Labs-backed multichain connector, launched its mainnet. This new protocol aims to bring the key issue of interoperability to the forefront of the DeFi conversation. Sponsored Sponsored In a world increasingly open to innovation and fast-paced development, communication is of the utmost importance. That’s the ethos of the multichain connector Wormhole. The company … Read more

Step Finance Adds Augmented Reality NFTs to Solana Dashboard

Step Finance is adding augmented reality (AR) non-fungible tokens (NFTs) to its Solana (SOL) dashboard. Sponsored Sponsored Solana users will now be able to see their NFT assets included in their portfolio on the Step Finance dashboard. This integration will start with AR NFTs from Star Atlas metaverse, a next-gen gaming world that runs on … Read more

This Week in DeFi – June 18

To the DeFi community, This week, Gelato Network launched the G-UNI Uniswap LP token, one of the first projects designed to take advantage of the advanced rebalancing and price range specification capabilities introduced in Uniswap V3. G-UNI also automatically reinvests LP fee earnings, increasing capital efficiency and overall returns even further. 1) With the launch … Read more

This Week in DeFi – June 11

This week, Curve Finance rolled out a major update to V2, enabling trades between uncorrelated assets similar to other DEX like Uniswap or Sushiswap. Curve V2 provides automatic rebalancing of provided liquidity in contrast to Uniswap V3, which allows external inputs to manually rebalance liquidity. The goal behind each design is maximum capital efficiency and … Read more

This Week in DeFi – May 7

To the DeFi community, This week, Uniswap V3 has finally dropped! The upgrade to DeFi’s most popular protocol brings custom liquidity pools with bounded asset prices to protect against impermanent loss and drastically increase capital efficiency, resulting in super low slippage and improved returns for liquidity providers. LP strategies can now be much more targeted … Read more