Fear of Impermanent Loss: Though ‘Overstated,’ It Has Impacted Participation in Liquidity Pools, Says Mehdi Lebbar

Although decentralized finance (defi) continues to evolve, it is being perceived as the domain of a select few, Mehdi Lebbar, the co-founder of the investment platform Exponential, says. However, he argues that defi protocols can alter this perception by emphasizing user education. Lebbar contends that regular educational newsletters, explainer videos, and social media posts can … Read more

Benqi’s $QI Token Hits New Highs Amidst Bullish Momentum

Amidst a mixed day for cryptocurrencies, $QI (BENQI) has emerged as a standout performer, marking new post-breakout highs and showcasing a remarkable 12% gain. This surge in price brings $QI closer to its target of $0.24365, with a substantial upside potential of over 612%. One key factor driving the positive sentiment surrounding $QI is the … Read more

Defi’s Total Value Locked Hits $80 Billion in a Dramatic Turnaround Since 2022

Recent data reveals that the total value locked (TVL) in decentralized finance has jumped past the $80 billion milestone, reaching heights not observed since the downfall of Terra’s stablecoin in May 2022. Leading the charge in 2024 by TVL size is Lido’s liquid staking platform, with ether-based liquid staking derivatives (LSDs) securing a dominant position … Read more

SSV.Network Achieves Milestone With Permissionless Mainnet Launch, $SSV Token Surges

In a significant development, the SSV.Network has launched its permissionless mainnet, marking a crucial step forward for the decentralized staking network. The SSV.Network distinguishes itself by leveraging Distributed Validator Technology (#DVT), a decentralized and open-source staking model. DVT ensures an additional layer of security and resilience by distributing the operations of a single Ethereum validator … Read more