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

Understanding Arbitrum: 2-Dimensional Fees

During last week’s Arbitrum Odyssey, Arbitrum One experienced record levels of traffic. Some discerning users noticed something curious: as the price of L2 gas increased, the amount of L2 gas that a given transaction would use would actually decrease. This, it turns out, is the system working as it’s supposed to, but to the uninitiated, … Read more

Bancor Update — June 29, 2022

It’s been an extremely challenging time for the Bancor community following recent emergency actions. On June 19th, we were faced with a decision that nearly every DeFi builder dreads: Stand by and do nothing as liquidity providers face potential catastrophe, or intervene and protect users. If the protocol collapses, most users get nothing. If the … Read more

Where does on-chain yield come from?

Marco Worms Jun 24 · 6 min read DeFi is a large ecosystem with many different protocols, each offering different services and yield options. It can be thrilling to be on the hunt for the highest APY/APR (Annual Percentage Yields/Rates), still, it is essential to keep track of the sustainability of the source that pays … Read more

This Week In DeFi – June 24

To the DeFi community, This week decentralized derivatives platform dYdX decided to create its own applicaiton-specific standalone chain, as part of the Cosmos ecosystem. The move will also complete the decentralization of the platform – marking an important milestone for dYdX once the transition is complete. dYdX developers reasoned that no L1 or L2 solution … Read more

Liquid Staking Explained: A Guide for the DeFi Curious

kadeemclarke.eth Jun 17 · 8 min read Why Ankr pioneered liquid staking, its role in recent market news, benefits, risks & more. By Kevin Dwyer of Ankr & Kadeem Clarke, The Crypto Illuminati Creator & Head of Labs at the Momentum 6 fund While recent market turbulence surrounding large entities such as Celsius and Three … Read more

Liquid Staking Explained: A Guide for the DeFi Curious

Why Ankr pioneered liquid staking, its role in recent market news, benefits, risks & more. By Kevin Dwyer of Ankr & Kadeem Clarke, The Crypto Illuminati Creator & Head of Labs at the Momentum 6 fund While recent market turbulence surrounding large entities such as Celsius and Three Arrows Capital has unsettled investors and shaken confidence in … Read more

This Week In DeFi – June 17

To the DeFi community, This week stablecoin issuer Circle has announced the launch of Euro Coin (EUROC), a new stablecoin pegged to the euro. The new token will be available as of June 30, beginning as an ERC-20 token on the Ethereum network and expected to expand to other blockchains later in the year. 1/ … Read more

This Week In DeFi – June 10

To the DeFi community, This week Ethereum completed its Ropsten testnet merge – a test-run of the network’s most major upgrade to date. The merge will now be monitored for any inconsistencies or bugs, with some developers deploying their dApps on the testnet to assist with the process. Additional merge tests will be run on … Read more