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DEFI

 

What is DeFi?
Decentralized Finance, DeFi as a concept is to be able to offer almost all the financial services available with legacy and centralized institutions, typically banks, but on the blockchain. Whatever traditional services financial institutions provide can be expected to be offered through DeFi. In short, Defi is blockchain-based financial services that traditional financial services map into, creating new services or derivatives stemming from blockchain's unique features. Although we have had concepts like distributed computing and decentralized computing for decades, DeFi is in fact a new concept and an expansion of the application scope of blockchain as infrastructure.

Cosmos Hub Votes to Reduce ATOM Inflation Rate to 10%

Jessie A Ellis     Nov 27, 2023

#COSMOS HUB #ATOM INFLATION RATE #STAKING YIELD #BLOCKCHAIN GOVERNANCE #VALIDATOR PROFITABILITY #LIQUID STAKING MODULE #DEFI ECOSYSTEM #NETWORK SECURITY
Exploit of KyberSwap's Concentrated Liquidity Feature Results in $46 Million Loss

Rebeca Moen     Nov 24, 2023

#KYBERSWAP #SMART CONTRACT EXPLOIT #CONCENTRATED LIQUIDITY #DEFI SECURITY #ETHEREUM ETH/WSTETH POOL #FLASH LOAN #DECENTRALIZED EXCHANGE #MATHEMATICAL ANOMALY #LIQUIDITY MANIPULATION
SushiSwap CEO Proposes New Token Model

Zach Anderson     Nov 16, 2023

#SUSHISWAP #TOKENOMICS #JARED GREY #DEFI #SNAPSHOT #VOTE #COMMUNITY #PROPOSAL #XSUSHI #LIQUIDITY #PROVIDERS #STAKEHOLDER #INTERESTS #ECONOMIC #MODEL #DAO
Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping

Jessie A Ellis     Nov 15, 2023

#AUSTRALIAN TAXATION OFFICE #DEFI #CRYPTO WRAPPING #CAPITAL GAINS TAX #LIQUIDITY POOLS #WRAPPED TOKENS #BLOCKCHAIN TECHNOLOGY #ETHEREUM #TAX OBLIGATIONS #DIGITAL ASSETS
DeFi Platform Raft Compromised, Loses $3.3 Million in Ether

Jessie A Ellis     Nov 13, 2023

#RAFT #DEFI HACK #ETHER LOSS #ETH BURN #CYBER ATTACK #STABLECOIN IMPACT #REIMBURSEMENT PLAN
Uniswap's Front-End Fees Surpass $1 Million

Zach Anderson     Nov 13, 2023

#UNISWAP #FRONT-END FEES #DECENTRALIZED FINANCE #DEX #REVENUE #DEFI #CRYPTOCURRENCY #BLOCKCHAIN #USER ENGAGEMENT #FINANCIAL MILESTONE
Starknet Foundation Establishes DeFi Committee to Boost Ecosystem

Rebeca Moen     Nov 09, 2023

#STARKNET FOUNDATION #DEFI COMMITTEE #DECENTRALIZED FINANCE #STARKNET DEFI GROWTH #ON-CHAIN LIQUIDITY #DEFI STRATEGY #DEFI INCENTIVE PROGRAM
Curve Founder Proposes Venus Protocol Deployment on Ethereum Mainnet

Jessie A Ellis     Nov 06, 2023

#CURVE FINANCE #VENUS PROTOCOL #ETHEREUM MAINNET #DEFI #CRVUSD #CRV #LIQUIDITY MINING #DECENTRALIZED GOVERNANCE #APR #STABLECOIN #COLLATERAL
Coin98 Debuts Decentralized App Store on NEAR's Blockchain Operating System

Zach Anderson     Nov 03, 2023

#COIN98 #NEAR BLOCKCHAIN OPERATING SYSTEM #DECENTRALIZED APP STORE #LAYER-2 SOLUTIONS #DEFI PROTOCOLS #WEB3 USER EXPERIENCE
Voltage Park's $1 Billion Cloud Infrastructure Targets ML Compute Shortage

Jessie A Ellis     Oct 31, 2023

#VOLTAGE PARK #ML COMPUTE DEFICIT #CLOUD INFRASTRUCTURE #NVIDIA H100 GPUS #AI DEVELOPMENT #ERIC PARK #NAVIGATION FUND #JED MCCALEB



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