This Week in DeFi – May 6

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

This Week in DeFi – April 29

To the DeFi community, This week Optimism $OP token rumors come true, as the Ethereum Layer-2 scaling solution announces new plans for its governance structure and token distribution. The “Optimism Collective” will be governed by two houses; The Citizen’s House will govern public goods funding, while the Token House will govern protocol upgrades and project … Read more

This Week in DeFi – February 18

To the DeFi community, This week, Castle Island Ventures announced a $250 million Web3 investment fund and the additon of Ria Bhutoria as general partner at the firm. The new fund will focus on blockchain-based financial services, monetary networks, and internet infrastructure that are expected to be major Web3 themes in years to come. Congrats … Read more