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 …
This past year has been an incredible time of maturation and expansion for decentralized finance. Familiar protocols have seen increased adoption, cementing the foundation on which the whirlwind of new projects have been built. Our community has multiplied in numbers. Countless newcomers are venturing down the DeFi rabbit hole where it is easy to get …
A vampire attack or “vampire mining” is a new term in DeFi popularized by SushiSwap’s aggressive migration incentives designed to pull liquidity from Uniswap. The strategy involves forking an already successful open-source fee-generating protocol, and where opportunities exist, making slight adjustments to better incentivize participants in the new protocol, encouraging the migration of already existing …
DeFi Pulse Index is a capitalization weighted index built on Set Protocol’s new V2 infrastructure consisting of 10 of the most popular DeFi tokens available on Ethereum. DeFi Pulse has always been proud to be many user’s first steps into DeFi. It often starts with a google search or tweet which leads you down a …
In the background of all the DeFi and yield farming commotion, stablecoins have been booming. DAI, USDC, USDT, and countless others have been pouring into DeFi. While it is great to have so many options, each stablecoin has its trade-offs which users must consider. For some, the centralization risk of stablecoins like USDC are simply …
Innovation happens at a head-spinning pace in decentralized finance. As the ecosystem continues to stack up brick after brick, our capabilities reach new heights and knock down old barriers. The protocol I have the pleasure of introducing to you in this week’s DeFi Pulse Drop has its eyes set on disrupting the existing futures and …
Since the introduction of yield farming two months ago, DeFi has been growing at breakneck speed. Total Value Locked (TVL) has increased 5.6X and reached its all-time high of $6.77B. New protocols, platforms, and new investment opportunities are launched week after week, making it hard to keep up even for the most sophisticated users in …
The DeFi ecosystem is growing at a breathtaking pace. Unsurprisingly, staying on top of everything in the space is becoming practically impossible. DeFi is becoming increasingly sophisticated each day as the building blocks or rather money legos fall into place. Most people can tell you the basics of spot and margin trading, but I’ve started …
