This Week in DeFi – October 8

To the DeFi community, This week, Fei announced V2 of the hybrid stalecoin design, bringing improved incentive alignment and other improvements learned through the initial months of the platform operating in the wild. Fei will be redeemable 1:1 for PCV (protocol controlled value), and will employ Balancer pools to help mitigate volatility risk to the … Read more

This Week in DeFi – August 13

To the DeFi community, This week, Solana-based Mango Markets raised more than $70 million in one of the largest token sales in recent memory for the decentralized spot and perpetual futures exchange. Funds raised will go towards capitalizing the Mango Markets insurance fund and MNGO tokens will serve as the decentralized governance token for the … 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