Tag: yield farming

Embattled decentralized finance (DeFi) stablecoin project, Iron Finance, has launched its version 2 attracting $1.5 billion in collateral in just two days. The Iron Finance v2 protocol went live on the Polygon Network on July 12, 2021. The relaunch included a new token called ICE and a stable swap product called IronSwap....

Stani Kulechov - Aave founder hinted at a "private pool for institutions that are still practicing before aping into DeFi" on May 12 and later announced Aave Pro on May 18. What does it do? It allows institutions and the corporate world to access DeFi grade yields on the leading lending/borrowing Ethereum based...

Compound Labs announced that they were launching a...

Utopia Genesis Foundation is an organization focused on blockchain-enabled music Royalties platform. Utopian Genesis has announced plans to launch Genesis Yield. According to reports, the proposed Genesis Yield from the Utopia Genesis Foundation is regarded as a next-generation blockchain initiative. Objectives of Utopia Genesis Foundation The foundation...

The world of DeFi is going stronger than ever, with many new projects arising every now and then. The sad part is that many unprofessional projects surface at the same time, painting a bad image for the DeFi world. Be it scam projects or unprofessional teams who don’t know what they are doing, there is definitely a good number of bad projects which...

It's just another day and another DeFi protocol, which has taken a hit. This time it's Iron Finance - an algorithmic stable coin, whose token TITAN's value plummeted 98.1% in less than 24%. According to the official documentation, Iron was "a partially collateralized token, soft pegged to the U.S. Dollar, available both on the Polygon network and on the Binance Smart Chain". It's...

Uniswap introduced the world to a unique concept - the launching of tokens and retroactive airdrops to the users who had interacted with the protocol before, through either trading or liquidity provision. It was literally free money, a huge success and contributed to the user retention / popularity / usage of the world's most famous...

In Decentralized Finance (DeFi), the basic concept is that no asset should be idle and not earning profit. Hence, the yield farming concept refers to making use of interest generating decentralized application (DApps) by providing and putting your funds as liquidity. Just like the banks and other financial institutions, but better rewarding and with much more efficient interfaces....

Bitcoin is used as a form of collateral, because of it’s market cap and excellent liquidity. For users looking to earn a yield on their Bitcoin, there are little to no options on the blockchain itself. However, BTC holders can participate in Decentralized Finance (DeFi) by tokenizing it and bringing it over to the Ethereum blockchain. Most DeFi...

Polygon MATIC ecosystem just keeps getting bigger every day and the most recent addition has been the Formation Fi - smart yield farming protocol. The protocol's success can be attributed to wide compatibility with the...

Many projects are popping up lately in the cryptosphere. Knowing which one is going to strive and succeed is of utmost importance lately, and this alone is what will make early adopters significant returns. Holding on to one of the “top 5” cryptocurrencies by market capitalization won’t make you rich anymore, but jumping on a solid blockchain project before it booms is what’s...

This article tackles new promising projects that operate on top of Polygon (MATIC). If you are looking to expand your knowledge on the Polygon network, and find interesting projects that are worth investing in, this article is for you. Buckle up, and get ready to see many...

BlockFi - the centralized lending / borrowing service for crypto-assets particularly Bitcoin, recently lowered down it’s interest rate or Annual Percentage Yield (APY). The custodial service stated on it’s website that it’s because of the rising Bitcoin prices and falling demand for borrowing...

TakoSwap is an Ethereum-based automated market making (AMM) decentralized exchange (DEX) by Multiplier Finance. It is a fork of SushiSwap and Uniswap with some additional improvements...