Understanding, using and storing stablecoins

This post looks at stablecoins — tokens whose value is pegged to that of real-world assets, such as fiat currencies. Cryptocurrencies, such as BTC or ETH, are notorious for their high volatility. To address the volatility issue, a new type of cryptocurrency was invented a few years ago, whose value is pegged to real-world assets and, most … Read more

DeFi Visions: Dmitry Lazarichev, Wirex

In DeFi Visions, a series of video interviews, the 1inch Network talks to the most prominent people in the DeFi space. This post shares key insights from a recent interview with Dmitry Lazarichev, CEO and co-founder of Wirex. Dmitry started Wirex in 2014 together with a co-founder Pavel Matveev, focusing on the mission of widening digital … Read more

AUSD Commercialization Plan: Peg Insurance Fund and Stableswap Reinforcement

Dear alpacas, After rolling out the initial pre-commercial version of AUSD, and confirming the stability of all the core mechanisms through actual use, we’re ready to add additional pegging mechanisms to set and reinforce AUSD’s $1 peg, and to ramp it up for commercial applications. AUSD’s design mechanics are sound, through over-collateralization and extensive capital … Read more

1inch launches Earn

This investment tool takes advantage of more efficient use of capital than in regular AMM pools. The 1inch Network is tirelessly working on solutions enabling users to make the most of their assets and is happy to introduce 1inch Earn, a new investment product offering liquidity providers attractive APYs. What is 1inch Earn? The concept of 1inch … Read more

The Balancing Act

Greed is Good… Authored by the Liquidity Wizard Pair Reactors This week marks a seminal moment for Tokemak, with the launch of Pair Reactors. Pair Reactors provide the “other side” of the liquidity generated by Tokemak that gets paired with the assets from Token Reactors — for example the ETH or DAI pair asset is used to construct … Read more

The Final Phase Before Liquidity Deployment: Pair Reactors and Exchange Voting

The Final Phase Before Liquidity Deployment Tokemak is rapidly approaching active liquidity deployment, targeting launch in January. To prepare for this final phase, we’re aggressively expanding and evolving our Genesis Pools into Pair Reactors which will accommodate deposits for a significant amount of DeFi-native stablecoins. Ultimately, the Pair Reactors will provide TOKE holders the power … Read more

Terra Delegation Program 2022 Round 1: Applications

The Terra Delegation Program (TDP) is back! There are only 5 qualifications this round: 1. Have a complete Validator Profile:Example of a perfect pull request Here.Example of a perfect finished profile Here. 2. Commission at or below 10%: at all snapshots. 3. Bombay Testnet must be active: at all snapshots. 4. Provide Seed Node Address: for Testnet and … Read more

Balancer Doubles LP Revenue Using Gauntlet

Balancer Protocol Doubles Liquidity Provider Revenue Using Gauntlet How Gauntlet Helps Manage Stable Pool Amplification Factors and Swap Fees and Increases Capital Efficiency Automated Market Makers like Balancer, Uniswap, and Curve are wildly innovative technologies that form a cornerstone of all activity on DeFi, with billions of dollars being traded every day. But without swap fees, those … Read more

WUSD Incident Recap and Solution

On August 4th, 2021, at 1:49:05 AM UTC, an attack took place on WUSD’s pegging mechanism. You can review the detailed step-by-step of the attack in this article by Inspex. Upon learning of the attack, the Wault team quickly turned off WUSD minting on the UI, and worked with three audit firms to deduce the nature … Read more

Reef Finance announces Samecoin is coming to Reef Chain

Derek E. Silva Aug 3 · 3 min read Reef Finance and Samecoin are announcing today the first stablecoin to come to the Reef Chain ecosystem! Samecoin’s addition to the Reef Chain ecosystem makes it the first stablecoin on the blockchain. Samecoin is a decentralized stablecoin protocol that allows the average person or business owner … Read more