Anchor protocol’s reserves head toward depletion due to lack of borrowing demand
With too many depositors chasing high yields and a lack of borrowers, Anchor interest rates appear to have become unsustainable. Go to Source Powered by WPeMatico
yield farming
Auto Added by WPeMatico
Top 3 Stablecoin Yield Farming Platforms to Survive This Crypto Winter
Crypto winter is upon us, and chances are crypto markets will continue to trade sideways and experience bearish momentum for the next few months. One of the best ways to hedge against the downward trend is to convert your crypto holdings to stablecoins and lock them on yield farming platforms for guaranteed APY. This article … Read more
Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam
At the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum commands $130 billion of the aggregate total locked, a myriad of other defi-fueled blockchains continue to see TVLs steadily rise. Total Value Locked Across … Read more
How yield farming on decentralized exchanges can become less risky
DeFi brings an opportunity to access the yields unseen in traditional finance, now with the competitive risk levels. Go to Source Powered by WPeMatico
3AC-backed DeFi protocol Tranchess launched to track Bitcoin performance
Tranchess is live on the Binance SmartChain with a Bitcoin tracking token and yield farming options for investors. Go to Source Powered by WPeMatico
Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million
There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports. The following Sunday, Bogged Finance saw $3 million exploited from a … Read more
Alpha Homora defies market slump, bolsters TVL and token price on v2 relaunch
The leveraged yield farming protocol looks to put multiple missteps in the past with a successful relaunch. Go to Source Powered by WPeMatico
Yearn Finance made almost as much as in March as it did in 2020
Fees from yVaults were the biggest contributors to Yearn’s revenue. Go to Source Powered by WPeMatico
Aave v2 launches liquidity mining program targeting stablecoin borrowers
Aave has launched its v2 liquidity mining program, offering roughly $880,000 worth of governance token rewards to users daily until July 15. Go to Source Powered by WPeMatico
As DeFi tokens surge, CRV indicates a bumper crop for ‘DeFi Summer 2.0’
The seasons are turning and the markets are shifting — could it be a strong summer for decentralized finance? Go to Source Powered by WPeMatico
