2020 has been dubbed the year of decentralized finance (DeFi). This narrative, however, is also extending into 2021 as the DeFi space continues to record massive adoption and increase in TVL. To further keep readers informed, this article covers details of ten important DeFi updates that took place last week. These DeFi updates include strategic partnerships, project updates, important launches, etc. 1\. Human...
2020 has been dubbed the year of decentralized finance (DeFi). This narrative, however, is also extending into 2021 as the DeFi space continues to record massive adoption and increase in TVL. To further keep readers informed, this article covers details of ten important DeFi updates that took place last week. These DeFi updates include strategic partnerships, project updates, important launches, etc. 1\. Human...
Are you finding it hard to swim in the treacherous waters of the everchanging cryptocurrency markets? One week the crypto asset prices rise faster than the tide only to suddenly drop in a market correction the week after. However, corrections like this are completely normal in the cryptocurrency world. Although it might be hard to watch your coins devalue you have to endure...
Chinese-based decentralized exchange DODO has launched its version 2 public beta with more liquidity mining rewards. DODO was launched in August 2020 as a proactive market maker (PMM), claiming to be more advanced than regular decentralized exchanges as it can respond to changing markets and liquidity constraints in real-time. It runs on Binance Smart Chain, offering significant savings on traction costs and speeds....
The decentralized finance lending and borrowing ecosystem continues to expand with new milestones being made in terms of collateral volumes. Industry analytics provider Messari has been delving into the top DeFi protocols, revealing that the cumulative daily borrowing volume is currently $7.6 billion. This is all of the previous volumes together, not the amount of crypto collateral borrowed every day....
Decentralized exchange DODO is tweaking its token model for the upcoming version two upgrade in order to offer more incentives to liquidity providers. DODO is an Ethereum-based on-chain automated market maker (AMM) that was announced in mid-August 2020. It claims to be more advanced than regular...
Chinese DeFi project DODO has raised $5 million in their last funding round. After completing two funding rounds in August, the DODO DeFi project has completed another funding round, this time by private sales. These funds were raised by top firms in the cryptocurrency ecosystem....
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