‘Hyperinflation’ DeFi coins hit the hardest in crash: Report
A large number of DeFi governance tokens are still way down from their peaks as farmers take profits. Go to Source Powered by WPeMatico
yield farming
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Anonymous devs behind a DeFi yield farm could steal $1B in 12 hours
A lot of trust is required to put money in Harvest Finance. Go to Source Powered by WPeMatico
Funds locked in DeFi surge $1B as analyst tips post-election bull run
Crypto collateral locked in DeFi protocols has surged to an all-time high over $12 billion. Go to Source Powered by WPeMatico
Yield farming fuels 623% growth in DAI supply to nearly $1B
Demand for Ethereum-based stablecoins exploded during the third-quarter DeFi bubble, with DAI’s supply growing by more than 600% and USDC expanding 200%. Go to Source Powered by WPeMatico
YearnSwap Is All Set to Introduce Its Decentralized Ecosystem
LONDON, United Kingdom, — YearnSwap.org – Is all set to launch its Decentralized protocols (Lending, Yield Farming, Staking) for public access, YearnSwap aims to provide an Ecosystem with many prominent features available in the market today. With this launch YearnSwap has stepped closer to its goal on creating an ecosystem where users will be able … Read more
Centralized Exchange Operators Believe Low Liquidity on DEX Platforms Stops User Migration
Centralized cryptocurrency exchanges (CEX) operators say they are unfazed by the increasing trading volumes on decentralized exchanges (DEX) because the latter’s liquidity is still too insignificant to cause user mass migration. The majority of CEX operators also insist that it is very unlikely the DEXs’ liquidity would surpass their own liquidity in 2 years’ time. … Read more
Q3 Crypto Volumes up by $155 Billion as Defi Hype Drives DEX Growth by 197%
The latest data from Coingecko shows that the combined trading volumes of cryptocurrency exchanges went up by $155 billion between July and September, from $175.7 billion to $330.6 billion. The new total volume represents a 88% increase which Coingecko attributes to the decentralized finance (defi) hype and yield farming frenzy that peaked in August. In … Read more
Experts weigh in: Is DeFi dead or is it still the future of finance?
The current DeFi ecosystem’s trajectory is reminiscent of the ICO boom. Go to Source Powered by WPeMatico
Yearn Finance Connect (YFIC) New DeFi Project Decentralized Finance, Staking, Lending & Yield Farming
Yearn Finance Connect is a decentralized token under the ERC-20 protocol, that allows users to stake YFIC, borrow assets, and vote for improvements within the community. Yearn Finance Connect staking platform enables investors to earn a yield on YFIC token, depositing, and selecting the amount you want to stake, you will get an APR of … Read more
CoinEx Lists ONES Token First and Launches Initial Trade Offering with OneSwap’s Official Launch
OneSwap is a groundbreaking new DeFi project offering a decentralized exchange protocol on a smart contract, with permission-free token listing and automated market making. It offers multiple advantages over other swaps including the ability to preform limit orders and a user friendly interface that resembles familiar trading platforms. OneSwap now lists the ONES token first … Read more
