Tag: yield farming

YfDFI Finance, the community-powered DeFi project is edging closer to its goal to become a DeFi Financial Center. According to the official announcement, YfDFI is releasing its much-awaited farming platform today. The excitement around the launch is high as it promises captivating rewards to the Liquidity Providers (LPs). Once the platform goes live, the LPs will be able to farm the LP tokens...

Decentralized Finance (DeFi) protocols have come a long way from a few scattered vaguely known projects to multi-billion giants. These include a diverse group of protocols providing a single core functionality, experimental projects and those combining multiple core functionalities to create complex powerful platforms. In this article, we will have a look at the 5 core DeFi protocols....

Despite the wild price swings in March 2020, Bitcoin closed the year very well-above its 2017 all-time high. In December 2020, the Bitcoin price jumped by 66.1%. Impressively, the astounding bitcoin price rally turned unstoppable after 17 December 2020, and bitcoin price crossed $34k. All in all, cryptocurrencies benefited from a diverse set of cryptonews in 2020. It started with the pandemic triggered...

Origin is relaunching its yield-generating stablecoin following a November attack that drained OUSD holders of $7 million.

U.S. Treasury and corporate bonds are returning lower yields than ever. Ethereum's currency ether (ETH) presents an alternative.

Host Laura Shin recaps the biggest stories of the year in crypto, with clips from shows throughout the year. In this episode, we cover how the pandemic drove Bitcoin to new all-time highs, how regulation began to come for the crypto space in a big way, plus new trends in DeFi, corporate structures, and how ETH will change as an asset....

If you want to take your DeFi investment strategy to the next level, you need to understand yield farming and what platforms offer the best rewards. Yield farming has become a common feature in the market as of late. However, as with any new technology, you need to DYOR (do your own research) to discover […] The post DYP Maximizing the Benefits of...

In addition to serving as a means of exchange, cryptocurrencies are becoming a hot investment asset. Since their first market launch in 2009 in the form of Bitcoin, their market caps have been surging. As of 18th December 2020, the total market cap is at $637 billion according to CoinMarketCap, with an 18% growth in […] The post Sun is Shining on...

Decentralized Finance (DeFi) protocols have accumulated a total value locked (TVL) figure of $16.1B and feature a combined market cap of $20B. Now, investment into major DeFi protocols has raised the net worth of many individuals who were savvy enough to capitalize on the new opportunities and minted new millionaires. With the DeFi fever at all time high and major developments happening across,...

Decentralized finance (DeFi) has, in recent times, become one of the most important areas in the blockchain and cryptocurrency space. DeFiChain, looking to become a major player in this sphere, has released details of yield farming on its blockchain. The blockchain platform is a strong advocate of the decentralized finance (DeFi) space. Many schools of thought are of the opinion that DeFi...

However you look at it, 2020 was a year of seismic change for the crypto industry and beyond. The Black Swan that swept the world caused immense devastation, upending life for millions of people on every corner of the globe. To date, Coronavirus has claimed over 1.5 million lives, to say nothing of the economic...

Airdrops were a novel concept introduced by cryptocurrencies. The basic premise is simple, projects gave users their token for free or by claim, serving dual purposes of marketing and enhancing usage. Before, these airdrops were strictly restricted to new projects, looking to make their mark. Lately, even established projects have started to do the same for educating users about their product and promoting...

The creators of the stablecoin platform Terra are launching Mirror Protocol, a way to mint crypto assets that mimic U.S. stocks.

In a significant development, Yearn Finance and CREAM Finance developer teams have decided to join hands together to launch Creamv2 and collaborate on more DeFi projects on Nov 26. Cream v2 will combine lending and leverage to enable another interesting DeFi experiment. It will also become the flagship project of the Yearn/Cream partnership and the first of many collaborative projects....

In the latest DeFi hack, stablecoin stabilizing protocol Pickle Finance was exploited on 21-11-2020 06:37 PM (UTC) for nearly $20M. It is notable because analysts are terming it as the most complex DeFi exploit ever, as pDAI jar was hacked with skill-full mastery. The system was gamed using multiple flaws, including Jar swap and Jar convert logic in an extremely sophisticated code execution....

Advanced Blockchain AG, a German Blockchain as a Service (BaaS) provider is gearing up to offer yield farming to its client through its crypto subsidiary nakamoto.to, reported DGAP news. Advanced Blockchain was also the first blockchain company to get listed on Deutsche Börse-Operated Xetra Exchange. The decision to include yield farming by nakamoto.io indicates the The post First Publicly Listed BaaS Company All...

Sushiswap is eating from Uniswap's lunch once again. Liquidity providers (LPs) from Uniswap jumped ship after UNI liquidity mining rewards ended and are moving to Sushiswap for SUSHI rewards. Unpacking Uniswap Farming Incentives Since the...

The Auric Network (“Auric”) created a digital currency that is pegged to the price of gold through programmatic supply fluctuation. In aspiring to create a synthetic commodity money that will become the cornerstone of decentralized finance (“DeFi”) on the...

The newly-launched BNB Vault from Binance allows users to stake their idle BNB tokens and earn between...

In the fast moving world of Ethereum projects, a week can go by like a full year. The rise of Uniswap in 2020 has given centralized exchanges a run for their money. New projects no longer need to worry about exchange listings, fast tracking the process of...