Cardano Upgrade Aims to Improve Cross-Chain Features as On-Chain DeFi Crosses $100M TVL
An upcoming upgrade on Cardano will make enhancements to cross-chain functionality for decentralized finance applications (dapps) building on the network, developers tweeted Thursday.
Flux Finance Launches Lending Token Collateralized by U.S. Treasury Debt
What’s the latest trend in Decentralized Finance? Yield farming backed by U.S. government debt.
DeFi Pioneer MakerDAO Announces Aave Competitor Spark Protocol
Decentralized finance (DeFi) stablecoin platform MakerDAO has proposed Spark Protocol. The new system is based on the Aave lending protocol’s smart contracts.
How to Build a Fake Decentralized Cross-Chain Protocol
Adam Back (Bitcoin core development team leader, BlockStream CEO) has a sentence that impressed me, "Great design looks very simple, but the process of designing it is extremely complicated". But not all product designs that look simple, like LayerZero, are great.
DeFi Market Commentary | January 2023
Global crypto markets experienced a recovery at the start of 2023 alongside the broader macro environment, and the total crypto market cap was back above $1T.
What Is Peer-to-Peer Trading and How Do People Make Money From It?
P2P cryptocurrency trading is a way to buy and sell cryptocurrencies without involving intermediaries. With P2P trading, you control the prices, counterparties, and timing of your transactions.
Aave vs Compound: A DeFi Lending Platform Comparison
Aave and Compound are both popular decentralized lending platforms that allow users to lend and borrow a variety of different cryptocurrencies.
Decentralized Finance (DeFi) and its Impact on the Future of Financial Services
Decentralized finance (DeFi) refers to a new financial ecosystem that operates on a decentralized network, typically built on blockchain technology.
Interest Rates in Highly Shorted Tokens
Borrowing to short is an important use-case of DeFi lending protocols.
MakerDAO Manages To Increase Profit to $19 Million
The year 2022 turned out to be not at all in favor of MakerDAO. It painted quite a solemn picture for the second-in-line DeFi protocol. It happened to have witnessed a full 79% downfall in terms of operating earnings. Even its top-rung revenues saw a downward slide to the extent of 42%. However, despite all of that and the fact that the crypto’s dismal happening that took place in the same year, it somehow was able to rise to the occasion and make some additional profits for itself. The factor also helped that the entity had adopted real-time assets, which pushed things upwards.
