Top DeFi

2021-12-05 12:30:09 0x expands partnership with Celo to distribute $4.5 million ️

The 0x protocol and Celo blockchain have announced a joint partnership to allocate $4.5 million, consisting of $3 million from CELO and $1.5 million from ZRX, to grow the 0x ecosystem through its community-centric decentralized autonomous organization (DAO).

This news follows a mid-November agreement between the two firms to integrate 0x's zero-cost API functionality into Celo's blockchain to improve the experience of DeFi developers seeking access to aggregated decentralized exchange (DEX)-based liquidity services with multiple blockchain support.

In August of this year, both Celo and 0x were founding members of DeFi for the People, a charitable decentralized financial initiative that raised $100 million. Open / Comment

2021-12-01 15:59:22 Introducing GOGOcoin, the NFT/DeFi crossover on a mission to onboard the next big wave of users to DeFi by making DeFi easy!

We are constructing the most user-friendly open source DeFi protocol for asset management and savings, and the first to enable segregated funds on-chain.

$GOGO Token Fair Launch on Polygon via CopperLaunch: Dec 7th
Doxxed Team with a Decentralized legal structure in Switzerland
Advisor board including the biggest names from the ecosystem
Game-changing UX/UI Design for the easiest DeFi experience out there

What’s to come?
NFT Staking
NFT Smart Vaults with non-custodial keyless wallet proxies
Managed vault strategies with segregated funds.
One-click access to DeFi

For airdrops and first-mover advantage join our community and tell your friends

https://t.me/gogo_coin Open / Comment

2021-11-23 23:52:46 with the 1INCH aggregator, you can save 100% on transactions

Aggregator 1INCH released the news of Black Friday. From 22 to 26, the number will return 100% of the transaction size. Also, in these numbers, there will be a mega draw. The project will distribute 500,000 tokens between 5000 users who have made at least one swap.

Also, by staking on 1INCH aggregators, it is possible to save the total cost of the commission. But keep in mind that stackers do not take part in Black Friday week.

In the 1INCH telegram channel, you can find more about different ways to save on gas fees. Open / Comment

2021-11-19 10:38:44 Valkyrie to launch $100 million On-Chain DeFi Fund

Crypto-asset manager Valkyrie Investments will launch a $100 million DeFi fund next week.

Valkyrie Investments last month received the blessing of the U.S. SEC to launch a Bitcoin futures fund (ETF). By adding the DeFi fund, the company joins the likes of Galaxy Digital, which recently launched the DeFi tracker fund. However, DeFi Valkyrie managing director Wes Cowan said the On-Chain DeFi Fund, which goes live Nov. 22, keeps its assets in a chain and therefore goes far beyond the passively managed DeFi Galaxy fund.

"It allows for additional returns from lending, liquidity pools, farming and staking in the DeFi ecosystem," Cowan said in an e-mail. "We're getting valuation plus aggregate returns from DeFi's participation in the chain." Open / Comment

2021-11-18 09:10:37 Join one of the largest growing crypto communities!

- On-chain data analysis
- Breaking news
- Market reports
- Trading discussion
And much more…

Join Newscrypto fam:
https://t.me/NWC_PublicChat Open / Comment

2021-11-11 14:55:11 DIA Oracles Deployed on Avalanche

The DIA Association announced the deployment of its oracle infrastructure in Avalanche, an interoperable Tier 1 blockchain ecosystem. The integration will provide network access to crowdsourced and verified market data.

"The DeFi and digital asset marketplace is seeing a boom in new blockchains designed to address the inefficiencies of large networks such as Ethereum. DIA is continually working to make its Oracle infrastructure available to these emerging new ecosystems, enabling developers to build new applications with data from transparent sources," DIA said in a statement.

DIA's move into the Avalanche ecosystem follows a number of recent integrations with networks, including Polkadot, Moonriver, Shiden Network, Arbitrum, Polygon, Celo and many others. Open / Comment

2021-11-03 12:18:05 Panther Protocol and SurpaOracles join forces

Panther Protocol has partnered with SupraOracles to create a private DeFi ecosystem with cross-chain functionality. The choice for SupraOracles is simple: their technology gives developers a new set of Oracle tools to create, deploy and manage real-time data applications. In addition, the technology stack offers excellent performance, agility and reliability.

As part of the partnership, SupraOracles will build data services feeds tailored to Panther's needs. SupraOracles becomes the trust provider for the types of data needed to support the Pantherś Prover-Verifier engine, the most important screw in the zero-disclosure attestation machine. Multi-Helix Ledger (MHL) is extremely efficient for moving and accessing value between chains without compromising speed, authenticity or security. Open / Comment

2021-10-26 14:51:42 ADALend lights up the DeFi space on Cardano

ADALend is a scalable and decentralized credit protocol managed by a decentralized autonomous organization (DAO).

ADALend will offer various features that will provide its users with decentralized financial instruments available to anyone with Internet access, without the complex KYC requirements of the traditional banking system.

The protocol will increase the capital efficiency of digital assets by allowing accumulated assets to fund multiple pools of loans. The protocol will use Cardano's blockchain (ADA) to unlock DeFi's potential in this network as a viable replacement for the traditional financial sector.

Cardano's code base was developed in Haskell, a widely popular programming language explicitly chosen because of its ease of auditing. Open / Comment

2021-10-15 20:05:41 Solana Nova Finance has raised $3 million in investment

Nova Finance, a Solana-based portfolio management platform, announced it raised $3 million in a recent funding round. This Nova Finance funding round reportedly included Animocar Brand, Skyvision Capital, Rare Stone and Solana Foundation.

"The Nova team has been busy building programmable assets on Solana for the last 5 months. While we've been doing that, we've been very excited to witness the rapid growth of the Solana ecosystem, and we, like many others, truly believe this is the beginning of an exciting phase of rapid innovation both inside and outside of the Solana blockchain," the announcement reads.

Five months ago, when Nova was close to creation, it was backed by Rarestone, a venture capital firm known in the industry for its ability to develop and execute successful fundraising and go-to-market strategies for blockchain startups. Open / Comment

2021-10-02 09:31:26 Compound error led to distribution of $80 million in excess awards

"Since Proposition 062, we have been made aware of unusual activity regarding COMP distribution. No donated/borrowed funds are at risk - Compound Labs and community members are investigating inconsistencies in COMP distribution," tweeted the team behind the Compound protocol.

An error contained in the updated Controller Contract has mistakenly allowed some users to request about 168,000 COMP tokens worth about $50 million already.

Robert Leshner, founder of Compound Labs, said in subsequent tweets that the Controller Contract address "contains a limited number of COMPs," while most of the reward is in another Reserves Contract address.

Consequently, "the impact is limited, at worst it's 280,000 COMP tokens," Leshner said. Open / Comment