DeFi Projects Request Retroactive Funding Amid Downturn

Several of the largest decentralized finance (DeFi) projects, though surviving the crypto winter, have been forced to solicit funds from their own decentralized autonomous organizations.  Aave actions Aave Companies, the developer behind the largest DeFi lending project, requested retroactive compensation for the successful development and deployment of V3 of the Aave Protocol. In a post … Read more

AAVE vault integration

Alchemix Finance Aug 1 · 1 min read AAVE Vault strategies are now live on Alchemix. The addition of these vaults adds further yield sources to our continually expanding ecosystem. The global deposit cap for each asset has been kept the same or reduced by taking unused cap space from the Yearn-strategy vaults. Keeping the … Read more

This Week In DeFi – July 8

To the DeFi community, This week, Aave Companies has submitted a proposal to the Aave governance forum for the creation of a new stablecoin, called GHO. The GHO stablecoin would be over-collateralized in a similar fashion to Maker’s Dai, with users being able to mint the token against assets they have supplied to the Aave … Read more

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 – April 1

To the DeFi community, This week the Fantom Foundation has announced a brand new incentive program, this time allocating 335 million FTM tokens – worth almost $550M – to boost development on the network. The foundation is working in partnership with Gitcoin, using the organization’s Quadratic Funding system to match contributions for participating projects. Launching … Read more

This Week in DeFi – March 18

To the DeFi community, This week, Optimism raised $150 million in a Series B round that valued the Ethereum scaling solution at $1.65 billion. Optimism says they’ll continue improving the protocol to reduce transaction fees, including by adding additional developer talent to the team. After over a year on mainnet, our milestones keep adding up: … Read more

This Week in DeFi – February 11

To the DeFi community, This week, Ethereum scaling solution Optimism paid a $2 million bug bounty for the discovery of a bug that would have allowed users to double spend and generate an unlimited amount of tokens without backing. The exploit has been patched, and bug bounties yet again prove one of the most valuable … Read more

This Week in DeFi – February 4

To the DeFi community, This week, the team behind DeFi Pulse and Index Coop launched Kuiper, a DeFi protocol for index tracking. Kuiper allows participants to variously propose, issue assets into, rebalance and hold tokens that serve as index baskets. The protocol also prioritizes DeFi principles of being permissionless and credibly neutral, with the protocol … Read more

This Week in DeFi – December 31

To the DeFi community, This week, Centrifuge and Aave launched the Real World Assets (RWA) market, allowing users to borrow tokens against non-crypto collateral including trade receivables, cargo and freight invoices, and more. We've launched the RWA Market with @AaveAave 🎉 🌀 👻 Let's dive in on what this means for DeFi — and cryptocurrency … Read more

This Week in DeFi – December 17

To the DeFi community, This week, Balancer announced a new integration with Aave, allowing unused liquidity from trading pools to be locked in Aave to earn additional Yield. Boosted pools will increase capital efficiency, and connections to other lending protocols will be rolled out over time to LPs additional options. Aave Boosted Pools deposits @BalancerLabs … Read more