Several yield farming platforms have taken the world of decentralized finance [DeFi] universe by storm. The enormous popularity surrounding these new protocols have managed to attract various centralized projects crawling out of the shadows disguising as the opposite. While 'centralization' might be a blanket term, but the latest platform to have attracted the label is The post Are Yield Farming-based DeFi Platforms Truly...
"No one can spend 1B, it's not useful, it's much better to have a project where people can benefit from it," reads the only explanation that Harvest Finance developers offered to...
It is up to new projects to find innovative approaches to reinvigorate the DeFi niche, and BXTB is bringing innovation to DeFi. The Covid pandemic, social unrest, and economic turmoil experienced by countries around the world have resulted in a loss of trust in fiat currencies and traditional finance. This combination of factors has caused [...] The post A Yield-Generating Stablecoin: BXTB’s Vision...
Kava. the DeFi platform that extends DeFi capabilities and benefits to assets that otherwise cannot access DeFi, has launched its first app, Harvest. The app is the world's first decentralized cross-chain money market and is built on the Kava blockchain. Using Harvest, the holders of BTC, XRP, BNB, BUSD, USDX, and KAVA can stake their assets to create a lending pool for...
The popularity of DeFi's yield farming is often compared to the initial coin offerings [ICO] boom of 2017 due to the laws of supply and demand. A couple of months later, this space has continued to garner not only significant attention but its...
After a 60% drop from its peak, the UNI token price is facing continued pain despite the success of Uniswap. A recent proposal from the yEarn community may, however, save the falling token. Decreasing Volume and Fees on Uniswap ...
\+ Jack Dorsey will speak -- on Bitcoin? This week, there were a number of signs that the regulatory questions about crypto are slowly getting resolved. First, the Office of the Comptroller of the Currency gave federally chartered banks the authority to hold reserves for fiat-backed stablecoins such as USDC and Tether. And then, two new bills in Congress proposed to make token...
Coingecko surveyed 1,347 crypto users in August 2020 to ascertain the popularity of farming and farmers' behavior. To everyone’s surprise, the survey suggests that yield farming products have matured and yield farming is no longer a frenzy. While many thought leaders in the crypto space are skeptical about yield farming sustenance, the Coingecko survey suggests that yield farming is here to stay. However,...
Decentralized finance, or DeFi, has exploded atop the Ethereum blockchain this year. In doing so, the sector's top apps, like trading protocols Uniswap and Curve, have never been more used or popular. In recent months, this DeFi boom has been rapidly accelerated by the arrival of the new hit "yield farming" phenomenon. But what is [...] The post Complete Guide to Yield Farming:...
On-chain data analytics provider Galssnode has come up with an interesting observation for ETH supply! With all the craze around decentralized finance (DeFi), the ETH supply in smart contracts has outclassed its supply on...
Yield farming is another concept from the physical world that can be applied to the crypto industry. We already have miners and mining farms. Why can’t we become farmers as well? The DeFi (decentralized finance) sector is a hot trend in the crypto industry. A range of decentralized exchanges (DEXs) sees a significant traffic increase while the second...
Andre Cronje, the developer of yearn.finance, talks about all things DeFi and the past, present, and future of yEarn. In this episode, he discusses: what Yearn Finance is, and what led him to develop it and eventually open it to the...
According to the reports, the YAM v3 launch is all set for Sep 18 (Friday) as the team announced that the bugs/issues found in the recently highly popular rebase-positive yield farming/liquidity mining YAM DeFi protocol have been...
Popular cryptocurrency exchange Binance released Launchpool, a method for users to earn revenue by staking tokens for yield farming. According to a Binance...
0xMaki, a cofounder of SushiSwap explains how and why he got involved in this project forked from SushiSwap, why he thinks his view of decentralization differs from that of many centralized teams that being such projects, and what the benefits of the SushiSwap vampire mining scheme have been. He discusses: how and why he got involved in...
Olaf Carlson-Wee, the founder and CEO of Polychain Capital, goes deep into yield farming, fair launches and how decentralization will upend the traditional notion of the corporation. In this episode, he talks about: when it makes sense for a team to introduce a liquidity mining scheme, and when it doesn't...
Nadav Hollander, cofounder and CEO of Dharma, discusses the war currently being waged between Uniswap and SushiSwap, how this is driving up fees on Ethereum, and how Dharma's product can get around them. In this episode we discuss: why he conceptually supports SushiSwap and fair launch coins...
Haseeb Qureshi, managing partner at Dragonfly Capital, and Dan Robinson, research partner at Paradigm, discuss the explosion in decentralized exchange activity on automated market makers from $1 billion earlier this year to more than $10 billion in August. Why trading in automated market makers has 8xed in a few months...
Yield farming is a method to harness idle cryptocurrencies such as coins, tokens, stablecoins, and put those assets to work in a decentralized finance fund, often generating interest rates that range between conservative 0.25% for less popular tokens and above 142% for some MKR loans....
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