Key DeFi Events You Should Know About: Degenerate financing | Token Daily

Key DeFi Events You Should Know About:

Degenerate financing is presented by “uSTONKS”
In short: A degenerate finance platform backed by Yam Finance has launched uSTONK, a series of core tokenized assets that users can take long or short positions, or even use in liquidity mining campaigns.

1inch Liquidity Program with Tornado
In short: The DEX 1inch aggregator has teamed up with the privacy protocol Tornado.Cash to offer a shared reward for mining liquidity in the size of an ETH / TORN 1inch pool.

Bancor Progress Report (February 2021)
In short: The Bancor team details the latest protocol advances, such as the 2000% rise in TVL since the launch of Bancor v2.1.

KPI UMA parameters and distribution
In short: the UMA protocol team is introducing a new incentive mechanism called KPI options, which are options for TVL DeFi projects and thus incentivize owners to increase those TVLs.

Decentralized financial markets based on blockchain and smart contracts
In short: The St. Louis branch of the US Federal Reserve has released a research report exploring the possibilities of the nascent DeFi ecosystem.

Badger DAO + Yearn
In short: Badger DAO and Yearn are developing BTC vaults.

Three Arrows and DeFiance Capital join Balancer Series for $ 12M
In short: The Balancer team's Series A funding round has grown to $ 12 million thanks to a recently pooled $ 5 million investment from renowned crypto venture capital firms Three Arrows Capital and DeFiance Capital.