Since the launch of Lido on Polkadot and on Kusama we’ve made updates to the validator choosing algorithm side and also seen some changes on the network side leading to staking APR changes. Whilst doing our best to provide both an effective and decentralized approach to staking, there are some network and market conditions … Read more
TL;DR stDOT-xcDOT and stKSM-xcKSM AMM stable pools on Curve and Solarbeam have been redeployed to fully support Lido staking rewards. Previously collected rewards are safe, and all LPs should move to new pools. The issue On the 2nd of August after studying numerous user reports we got confirmation from respective teams that both stDOT-xcDOT Curve … Read more
TL;DR New stDOT-xcDOT and wstKSM-xcKSM AMM stable pools on Curve and Solarbeam should be deployed to fully support Lido staking rewards. Previously collected rewards are safe, and all LPs should move to new pools. The issue On the 2nd of August after studying numerous user reports we got confirmation from respective teams that both stDOT-xcDOT … Read more
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
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
Today, we are thrilled to bring you Lido on Polkadot. Lido on Polkadot, developed in collaboration with MixBytes, is a liquid staking solution for DOT. Users can stake their DOT with Lido on Polkadot/Moonbeam to earn daily staking rewards and benefit from the many opportunities available across the Moonbeam and greater Polkadot DeFi ecosystems. … Read more
Autofarm launches on Moonbeam (the 16th chain) We keep ’em coming. Autofarm is happy to be deploying on Moonbeam Network & to bring users 9 new StellaSwap & BeamSwap vaults! Moonbeam Network joins the Autofarm chain-family as the 16th chain to be supported, bringing us and our users even closer towards being a truly chain-agnostic DeFi … Read more
To the DeFi community, This week Tron’s new algorithmic stablecoin USDD has gone live, with promises of a 30% annual yield. Following in the footsteps of the Terra USD’s Luna Foundation Guard, Tron DAO is seeking to accumulate $10 billion in reserves for the stablecoin to stabilize its price. If successful, USDD may suck some … Read more
Bird continues to add partnerships that are out of this world, making strategic advancements with one of the first DEXes on the Moonbeam Network. As an analytics supplier for the blockchain, our intention is to work with dApp developers and Web 3.0 platforms that can begin to leverage the power of machine learning — data analytics by easily … Read more
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