This Week In DeFi – July 1

To the DeFi community, This week, crypto exchange FTX is reportedly looking to acquire centralized lending platform BlockFi for a sum between $25 million and $50 million. Sources believe the deal is expected to complete by the end of this week, however BlockFi CEO Zac Prince has denied the $25 million figure and FTX has … Read more

This Week in DeFi – April 22

To the DeFi community, This week Tron crashed the algorithmic stablecoin party, announcing that it will launch its very own USDD stablecoin May 5th. The coin will be supported with TRX and $10 billion worth of crypto reserves – as well as offering 30% interest rate. This may be one to watch, as it attracts … Read more

This Week in DeFi – December 24

To the DeFi community, This week, Fei Protocol and Rari Capital officially initiated the planned merger between the two protocols, converting RGT to TRIBE for tokenholders. The two projects will retain separate branding and roadmaps in the short term, with full incentive alignment and resource sharing to come in 2022. Yesterday, the Rari and Fei … Read more

This Week in DeFi – August 6

To the DeFi community, This week, dYdX introduced the dYdX Foundation, designed to support and grow the dYdX L2 protocol, including funding research and conduct business on behalf of the protocol, on the path to full decentralization.  To that end, the dYdX token was also announced this week, a governance token that enables rewards and … Read more

This Week in DeFi – July 2

To the DeFi community, This week, Kyber Network launched its Rainmaker liquidity mining program on Polygon, using the Kyber Dynamic Market Maker framework to improve access to liquidity across different DEX on the leading DeFi scaling solution. Rainmaker will distribute $25 million in liquidity mining rewards over the next three months, with rewards paid in … Read more

This Week in DeFi – April 2

To the DeFi community, This week, the dam finally broke as a flood of new Ethereum-based L2 DeFi offerings hit the market, opening the way for millions of new users to get in on the action without breaking the bank on gas fees. Dharma announced Gas-Lite, bringing one-tap access to depositing funds in blue-chip DeFi … Read more