DEFI WORLD

2021-01-25 13:33:08 The decentralized finance niche is showing strong growth. DeFi industry funds now exceed the equivalent of $ 26 billion. Open / Comment

2021-01-17 11:36:22 Decentralized finance (DeFi) funds are peaking again - this time above $ 23.3 billion. And here is the graph of the corresponding indicator for the year. The growth rates are incredible. Open / Comment

2021-01-15 21:13:28 Neutrino announces integration with Chainlink

Neutrino, the leading DeFi protocol in the Waves ecosystem, is integrating Chainlink's Proof-of-Reserve oracle network to enable more convenient transfer of Neutrino protocol tokens between blockchains and improve the security of communications between Waves and Ethereum.

Neutrino is a protocol for issuing algorithmic stablecoins with staking capabilities. Last year, the USDN dollar stablecoin and NSBT governance token became available on the Ethereum and Binance Smart Chain networks. The Chainlink Proof-of-Reserve oracle network will ensure regular verification of the provisioning reserves of these tokens across various networks. Open / Comment

2021-01-14 18:07:31 Cover Protocol v2 announced

The developer of the decentralized insurance coverage platform Cover Protocol announced in a tweet an update, which will include additional improved coverage options such as repositories or pools of certain protocols, as well as the ability to access multiple protocols with a single token.

It is also reported that Cover Protocol is already integrated with Yearn, making it easy to access DeFi coverage without using KYC. CLAIM tokens for each protocol have their own individual AMM pool and can be redeemed for the underlying DAI provision if a loss occurs and is confirmed by management.

As of this writing, COVER tokens are valued at only $357 (with a market capitalization of $23 million), despite a fixed capitalization change of 70000 tokens. Open / Comment