Sui Foundation Donates About $900,000 to 16 Ecological Projects
Sui Foundation announced the fourth round of funding recipients, with 16 projects receiving nearly $900,000 in funding, covering areas such as DeFi, payments, infrastructure, gaming, and oracle.
Multiple DeFi Lenders on Coinbase's Base Hacked, Resulting in Millions Lost
DeFi lender Exactly Protocol on Optimism lost over $12 million due to smart contract vulnerabilities that hackers exploited. RocketSwap, the second largest DEX on Coinbase's Base, was also hacked for 471 ETH earlier this week. SwirlLend, another DeFi lending protocol, ended up being a rug with their team running off with 277 ETH after draining the protocol's pools.
Cumulative Trading Volume of DeFi Derivatives Protocol Cega Finance Exceeded $300 Million
DeFi derivative protocol Cega Finance announced on social media that its cumulative trading volume has exceeded $300 million.
Digital Asset Platform Fireblocks Supports Base Mainnet
Digital asset platform Fireblocks has announced the launch of support for the Base mainnet. Fireblocks users can now access Base. By integrating with Base, Fireblocks customers can bridge and securely host tokens in Fireblocks wallets, access DeFi and Web3 Dapps through WalletConnect v2, and deploy smart contracts and interact with them through Fireblocks API.
The Yearn Community Initiated the V3 Proposal, Intending To Promote the Complete Decentralization of the Protocol and Improve the Basic Structure
On August 16th, Yearn Finance DeFi yield aggregator community initiated a YIP proposal to launch Yearn V3, which aims to launch a complete V3 system that allows anyone to deploy V3 vaults and strategies without permission.
Gauntlet Once Again Initiated the Proposal of “Freezing CRV on Aave v2”, and the Voting Will Start Tomorrow
On August 15th, it was announced that the Aave community will open an on-chain vote for the "Freeze CRV on Aave v2" proposal at 6:16 tomorrow, which will end on August 18th. The proposal, put forward by DeFi risk manager Gauntlet, aims to prevent the V2 market from continuing to increase CRV and increase concentration risk.
The DeFi token market is worth $45.08 billion
As of August 13th, 2023, the DeFi token market was valued at $45.08 billion, with a 24-hour trading volume of approximately $1.8 billion. The daily increase was 6.17%, and the trading volume increased by 6.39%.<br>
The DeFi lending agreement UniLend has reached a cooperation with the digital fashion metaverse SWAGGA
DeFi lending protocol UniLend Finance announced that digital fashion metaverse SWAGGA has joined its ecosystem. UniLend will open its Community Club in the SWAGGA metaverse.
Accumulated Finance Announces V2 Plan
On August 11th, it was announced that liquidity collateral and DeFi platform Accumulated Finance recently purchased 1.25 million CRV tokens from Curve founder Michael Egorov. Accumulated Finance also announced its V2 plan, which includes launching Liquid Stake, establishing deeper integration with the Curve ecosystem, introducing new projects and tokens to be traded in the incentive pool of Curve, and launching the ACFI governance token.
Curve Finance Launched a Proposal To Reconstruct the Stable Liquidity Pool Stableswap Pool, and Voting Will End on August 15
According to official sources, DeFi stablecoin trading platform Curve Finance has launched a proposal for a new generation of stable liquidity pool called Stableswap Pool, which started community voting on August 8th.It is reported that the fees for the Stableswap Pool launched by Curve Finance this time will be reduced by 4 basis points. The current voting information shows a 100% approval rate, and the voting will end on August 15th.
