Ethereum still creating blocks.
AAVE still facilitating loans.
Uniswap still swapping coins.
MakerDAO still minting DAI.
Curve blessing us w/ liquidity.
DeFi 1.0 has passed yet another stress test, and remains based 😎
Contagion is spreading. These guys are a HUGE #Bitcoin lender in Asia. Think @NYDIG_BTC but for Asia. 5-6bn in assets last I knew.
Not your keys not your cheese fam
My attempt at simplifying this market,
1/ Broad de-risking in risk assets due to systematic rebalancing as move in rates/expectations are digested by machine-driven strategies,
2/ This "natural" sell pressure leads to panic sales in markets furthest out the risk curve
3/
1/ Avalanche is a Layer 0 ecosystem made up of 3 core blockchains each optimized for specific tasks within the network to balance security, speed & decentralization w/o compromises. In this report @KRTrades_ provides a high-level overview of @AvalancheAVAX
https://t.co/MeVF0ruWGx
Really excited to be working with @Visa!
You can deposit to @FTX_Official using your Visa card, and you can withdraw using your @ftx_us / @Swipe Visa card.
https://t.co/33B8ZRg1U5
"We estimate that staking is currently a $9bn business for the crypto economy, will grow to $20bn following the Ethereum merge, and could get to $40bn by 2025 should proof-of-work grow to the dominant protocol." - J.P. Morgan Equity Research
With the recent launch of @ConvexFinance, more and more $CRV is being locked up in governance.
How long until there’s no more CRV available to lock up? Delphi Associate @Paul_Burlage dives in:
https://t.co/CBu3GRsBtd
🪞This is absolutely *brilliant* from DeFi Steps🪞
Great videos on how to use each new feature of
@mirror_protocol v2 with beautifully set-out walkthroughs
Buying, staking, shorting, governance and pre-IPO all clearly explained. Perfect for newbies
https://t.co/ENy8o7mA7a…
We won Most Disruptive Retail Technology and the Alternative Payments Award at the @RetailSAwards 2021! 🏆 🎉 👏
The judging panel - which included senior executives from @CapgeminiInvent and @MandSBank - noted, “they loved the customer centricity” https://t.co/K9jZMJKRDy
1. The past few weeks have been heads down focused on researching @_Dave__White_'s and @SBF_Alameda's everlasting option (EO) paper. The goal with this research was to understand how this product would trade in real-world markets. Detailed writeup here: https://t.co/lSEhUL6RB7
Grayscale is high on DeFi. The investment bank has added 13 new cryptocurrencies to its list of assets under consideration. Most tokens on the list are decentralized finance-related. https://t.co/7s2zDoxAIS
A proposal has been shared for the launch of a Lido referral program.
https://t.co/BZhSdVUlxH
Individuals, wallets, protocols and more can use a unique referral link to drive their users to stake their ETH, earning LDO in the process.
The goal? Get more people staking 🏝️
1/ We’re proud to announce the launch of EthAnchor — extending Anchor yield to Ethereum-based stablecoins! We’ve partnered with @orion_money, whose Orion Saver dapp provides a sleek interface for EthAnchor.
EthAnchor: https://t.co/x3hgcRLvmk
Orion: https://t.co/2jQcmvgYrT