This Week In DeFi – May 20

To the DeFi community, This week the Terra community is currently voting for or against a fork of the network, with a potential new chain that removes the UST stablecoin from the equation. Although the current governance voting is skewed highly in favor of the fork, a large proportion of the community appears to be … Read more

This Week In DeFi – May 13

To the DeFi community, This week, TerraUSD took center stage for unfortunate reasons, as the third-largest stablecoin lost its peg – sending Terra’s native LUNA token into a “death spiral”. Kick-started by an apparent attack on the system, a significant de-pegging of UST to the dollar resulted in a rush to the exits by token … Read more

Announcing the UST & LUNA Markets on Venus Protocol

The UST & LUNA markets have officially launched on the Venus Protocol. Both TerraUSD (UST) and LUNA are tokens with a strong team, vibrant and growing community, sizable market caps, and strong use cases to drive borrowing and lending on the Venus Protocol. Both LUNA and TerraUSD (UST) were created by the Terra (LUNA) team. … Read more

This Week in DeFi – February 25

To the DeFi community, This week, Eth L2 Starknet launched its public beta and announced an integration with the Opera web browser and DiversiFi, allowing users to trade digital assets on L2 directly from their browser. In addition to the substantial savings on gas costs, the partnership will seek to bring additional DeFi functionality to … Read more

This Week in DeFi – February 11

To the DeFi community, This week, Ethereum scaling solution Optimism paid a $2 million bug bounty for the discovery of a bug that would have allowed users to double spend and generate an unlimited amount of tokens without backing. The exploit has been patched, and bug bounties yet again prove one of the most valuable … Read more

Avalanche Rush Program Brings $UST to Avalanche

Avalanche native DEX Pangolin to join the program as part of native dApp ecosystem growth allocation. Pangolin has officially joined another Avalanche Rush incentive program focused on ecosystem growth. Pangolin, a native decentralized exchange on Avalanche, will soon have access to $2M in AVAX rewards. Working closely together, Avalanche, Pangolin, Terra Labs and Axelar are bringing … Read more

This Week in DeFi – January 21

To the DeFi community, This week, 1inch Exchange went live on Avalanche and Gnosis Chain (formerly xDai Chain) to expand DEX aggregation services to more corners of the DeFi ecosystem. At launch 1inch on Avalanche  aggregates liquidity from more than a dozen exchange protocols, and 9 from the Gnosis Chain. [email protected], one of the most … Read more

Joining Terra as the Head of Ecosystem Development

gm. I’m thrilled to share that I have joined Terraform Labs as the Head of Ecosystem Development. Ever since leading Lightspeed’s foray into the exciting Terra ecosystem via its purchase of LUNA in June 2021, I have been thoroughly impressed by the TFL team and quality of projects building on Terra. On my nights and … Read more

This Week in DeFi – September 17

To the DeFi community, This week, Avalanche announced raising $230 million in a private token sale to investors led by Polychain and Three Arrows Capital. The sale was completed in June 2021, and the funds will be used to accelerate the growth of DeFi and enterprise applications on Avalanche through token purchases, grants, and technological … Read more

Introducing: Terra UST Vault

Exploring the details of Harvest’s Terra UST Stablecoin Vault Dear Farmers! We are excited to reveal the result of our collaboration with Terra to enhance the liquidity of Terra’s native UST stablecoin on Ethereum. Our farmers can now deploy their assets to the UST-USDT stablecoin vault powered by Uniswap v3. What does the Terra Vault offer? Uniswap … Read more