Many would argue that generating yield with stablecoins is currently one of DeFi’s biggest use cases. So it’s no wonder we’ve seen a flurry of different stablecoins, yield aggregators and vaults entering the market, each with their own tokenized representation of yield-bearing stablecoins. You can almost picture these yield-bearing tokens like snowflakes; each similar at …
DeFi and the greater crypto ecosystem are experiencing an explosion in 2020. TVL has grown more than 10x since March, new projects with novel distribution models and incentive mechanisms are launched week after week. The yield farming craze has stress-tested all the major DeFi protocols in the past four months, and the industry as a …
In traditional finance, leaner banking models without physical locations allowed online banks to cut costs and pass the benefits onto the customer. Banking services built on decentralized networks like Ethereum can offer even more advantages by further reducing operational costs such as securing assets which would traditionally be held in custody. Non-custodial protocols like DeFiner …
There’s no doubt that 2020 was a wild ride for everyone, especially for anyone involved in DeFi. When you look back at the year, it’s honestly hard to wrap your head around how much things have changed in our community. There are so many projects that launched this year that have become core to the …
Over the course of 2020, more than 140,000 BTC entered the DeFi ecosystem. With so many different alternatives for Bitcoin tokens, it only makes sense to break it out into its own page to provide more detailed metrics. We’re excited to introduce a new page highlighting the use of Bitcoin in the DeFi ecosystem. Bitcoin …
Yield farming allows projects to bootstrap their communities through incentives created by distributing their protocol’s token, essentially killing two birds with one stone. While these farming opportunities are open to all participants, making the most of these opportunities requires a certain amount of capital and expertise. And nowadays, yield farming has practically become a full-time …
Let’s face it… In the heat of the moment when it matters most you want to be using the fastest, cheapest way to execute that critical trade. And when you trade on most DEXes, network congestion and the subsequent high gas fees impact your performance. Pay too low of a gas price and you’ll be …
During DeFi’s most innovative and exciting year, a new kind of trading experience has exploded onto the scene. Hegic is an on-chain, non-custodial platform for options trading, launched by the enigmatic Molly Wintermute. The platform has grown significantly in recent months, after its inauspicious start in April. The first iteration suffered from buggy code, which …
The DeFi Pulse Index is a digital asset index designed to track tokens’ performance within the Decentralized Finance industry. The index is weighted based on the value of each token’s circulating supply. As part of our commitment to the ongoing maintenance and development of the DeFi Pulse Index, we are transitioning from v0.1 of our …
DeFi projects exist on a spectrum of decentralization. Trustlessness is at the heart of decentralization. But the word ‘trustlessness’ in itself is almost an oxymoron because trust is almost never eliminated from the equation but instead is simply shifted from one counterparty to another. The goal is to minimize the required trust in the pursuit …
As you likely already know, MakerDAO’s DAI is a decentralized stablecoin pegged to $1 and backed by many different collateral types. Historically, there has been high demand for DAI causing it to rise above it’s $1 peg at times. To encourage the necessary inflation to bring DAI back down to $1, MakerDAO can add more …
As any yield farmer can tell you, chasing higher yields can be a risky endeavour and in most cases is not a sustainable strategy for the average user. It’s all too easy to get caught up in hype and be blinded by outrageous yields. If you aren’t careful or are simply unaware of risks such …
