DeFi News

  • Curve ecology is a clever combination of nesting dolls or DeFi Lego

    This article attempts to simply understand Redacted Cartel from the basis of Curve War, and understand Redacted Cartel as the Bribe extension platform of Curve War, as Bribe’s Marketplace, to compete for more voting rights, and then compete for higher liquidity. Curve War The way to understand it from Curve War is usually simpler. Before introducing this, we need to have a general understanding of what is Curve War? The essence of Curve War is to compete for Curve’s liquidity. Higher liquidity is definitely better for the project. For example, if UST wants…

    2022-04-10 DeFi News
  • Popular Science Post: How is Aave V3 better than V2?

    April 9th ​​News DeFi lending platform Aave has now grown into a decentralized financial giant (formerly known as the peer-to-peer lending platform ETHLend), and its total lock-up (TVL) in the DeFi field has now exceeded 22 billion Dollar. In March this year, the Aave protocol officially launched the upgraded V3 version, which introduced a series of new features, hoping to lower the entry barrier, improve the user experience, and push DeFi to the mainstream market. The Aave protocol is a decentralized, non-custodial liquidity protocol where users can participate as lenders, borrowers,…

    DeFi News 2022-04-09
  • everFinance: Decentralized Financial Services for All

    everFinance aims to provide everyone with decentralized financial services without time and space boundaries. Its goal is to improve the user experience, lower the development threshold, and provide decentralized and trusted financial applications for everyone. everfinance is a DeFi protocol based on Arweave. Before understanding everfinance, it is necessary to understand its underlying Arweave. Arweave has always been known as an important infrastructure in the Web3 era and a game-breaker in storage. The official introduction states that Arweave is a tool that helps anyone store data permanently. The way it works is by distributing stored…

    2022-04-08 DeFi News
  • One small step for ERC-4626‌ One giant leap for DeFi

    ERC-20, ERC-721 and ERC-1155, these Ethereum token standards are well known to many people, so have you heard of ERC-4626? The concept of ERC-4626 was originally proposed by five authors including Joey Santoro, the founder of Fei protocol, on December 22 last year. In simple terms, this proposal is seen as a protocol standard to optimize and unify the technical parameters of DeFi yield vaults. This standard quickly sparked discussions on the open source development platform GitHub and the Ethereum Magician forum, and gained positive consensus from the entire community. Currently,…

    DeFi News 2022-04-08
  • DeFi gradually being targeted by hackers

    The well-known chain game Axie Infinity was hacked and lost $625 million, and superstar Jay Chou’s NFT was also stolen. There has been a surge in hacking incidents targeting the DeFi space recently. What other hacking incidents are there, and why are hackers very active in this field recently? Lost $625 million overnight On March 29, 2022, Axie Infinity was hijacked (hacked), losing $625 million worth of Crypto losses (173,600 ETH and 25.5 million stablecoin USDC) overnight. The hack was the largest ever attack on DeFi. Axie Infinity is an NFT-based online video…

    2022-04-07 DeFi News
  • What kind of games are best for GameFi?

    Special thanks to our editors Joys and AmberSun, and BriefKandle and origugua for their help. Editor’s note: Although this article is an analysis of GameFi’s development prospects from the perspective of game types, it also has a high learning value for the majority of GameFi players. Different game types have different difficulty of GameFi, and the size of their audience market is also different. Through the combing of this article, it can provide a more scientific reference for the majority of users when choosing games. Introduction Although GameFi has been…

  • What other M2E projects worth paying attention to after STEPN exploded?

    With the continuous surge in the number of global users and token prices, STEPN, which focuses on the “Move to Earn” (M2E) model, has become a dark horse in the GameFi track, and has become a “Internet celebrity check-in place” for players inside and outside the circle, and even appeared. The FOMO behavior of recruiting sports talents and takeaways to do tasks. In fact, as the new crown epidemic continues to rage around the world, people’s life, work, entertainment and other activities have begun to migrate from reality to virtual…

    2022-04-06 News
  • DeFi: Past, Present and Future

    The DeFi space is clearly at an interesting point in time. On the one hand, DeFi tokens have lost up to 95% of their value during the current inter-market cooldown, with NFTs and the Metaverse in focus, and DeFi 2.0  lost its initial momentum. There are also plenty of exploits, regulatory uncertainty, an unprecedented cult of personality, and some questionable hiring. On the other hand, established mature DeFi protocols have been supporting a large number of daily activities. DeFi is just getting started at L2 (Layer 2 Network) . Multi-chain DeFi…

    2022-04-06 DeFi News
  • Consensus game among GameFi players

    introduce Behind the financial properties of DeFi and GameFi, participants adjust the game strategy to play by evaluating the average action consensus of other participants (that is, the action that most participants will take). Why is it not a simple decision, but a dynamic game? Because player A’s decision affects player B’s decision, which in turn affects player A’s own decision. As a result, players will experience the complexity of the game as their decisions (or sometimes expected decisions) happen to all players at the same time. The development of the game…

    2022-04-06 DeFi News
  • Conceptualized digital nation: bullish on avatar and bearish on reality

    Most of you have probably read/watched Player One (Player One) and were shocked and shocked by what life in the Metaverse would be like. While the term “Metaverse” has recently become a buzzword for people to randomly throw money at junk projects, the concept has been around since the 1990s. John Perry Barlow was an internet rights activist who in 1996 published the Declaration of the Independence of Cyberspace.He said: “Governments of the industrial world, you weary giants of flesh and steel, I come from cyberspace, the new home of…

    DeFi News 2022-04-05
  • Consensus game among GameFi players

    introduce Behind the financial properties of DeFi and GameFi, participants adjust the game strategy to play by evaluating the average action consensus of other participants (that is, the action that most participants will take). Why is it not a simple decision, but a dynamic game? Because player A’s decision affects player B’s decision, which in turn affects player A’s own decision. As a result, players will experience the complexity of the game as their decisions (or sometimes expected decisions) happen to all players at the same time. The development of the game…

    2022-04-05 DeFi News
  • DeFi faces embattled? About $15 million stolen from Inverse Finance

    On April 2, 2022, the public opinion monitoring of Chengdu LianAn Chain Bing-Blockchain Security Situational Awareness Platform showed that the Inverse Finance project was attacked, and the cumulative loss was estimated to be about 15 million US dollars . The Chengdu Lian’an technical team conducted a relevant analysis on this incident for the first time. 1 The analysis is as follows Attack address 1: 0x117c0391b3483e32aa665b5ecb2cc539669ea7e9 Attack address 2: 0x8b4c1083cd6aef062298e1fa900df9832c8351b3 Attack transaction hash: 0x20a6dcff06a791a7f8be9f423053ce8caee3f9eecc31df32445fc98d4ccd8365 0x600373f67521324c8068cfd025f121a0843d57ec813411661b07edc5ff781842 Attack contract: 0xea0c959bbb7476ddd6cd4204bdee82b790aa1562 First, the attacker withdraws 900 ETH from Tornado.Cash to prepare for the increase in the price of the…

    2022-04-02 DeFi News
  • GameFi track five popular chain game analysis: who will be the next Axie?

    Axie Infinity Axie Infinity is an online game where players duel three NFT collectible creatures against each other. Each Axie is unique and exists as an NFT. According to NonFungible data, Axie Infinity’s total NFT transaction volume in 2021 is nearly $3.5 billion, accounting for about two-thirds of the entire blockchain game industry NFT transaction in 2021, and has become GameFi’s leading project. Lunacia is a land in Axie Infinity. Players can use various resources and crafting materials to upgrade their land, explore their land to have a chance to…

    2022-04-01 Metaverse & NFT News
  • DeFi Way Wealth Password: Web3 Entrepreneurship Data

    New Web3 developers often encounter a question: what direction to enter the Web3 field? To explore this question, I’m going to start a series called #Web3What to do, for Web3 entrepreneurs and developers aged 0-1. It was just during this time that I met developers and teams in Singapore and the United States, shared some insights, and briefly talked about the entrepreneurial directions and opportunities that developers should pay attention to. First up is the data. The essence of the blockchain is an open, permissionless distributed database, so the data…

    DeFi News 2022-04-01
  • In March, the total amount of blockchain ecological theft exceeded 700 million US dollars, and there were more than 30 typical security incidents

    It’s time for another monthly safety check! According to the security public opinion monitoring data of Chengdu Lian’an [Chain Bing-Blockchain Security Situational Awareness Platform ]: In March 2022, various security incidents still occurred from time to time, and more than “30” more typical security incidents occurred in March. [DeFi] The security risks exposed have hit a new high since the beginning of 2022. The cross-chain bridge Ronin attack this month may have been the largest attack in DeFi history, with losses exceeding $600 million. Other DeFi protocols have also been…

    DeFi News 2022-03-31
  • Grayscale Research Report: Smart Contract Platform is an Investment in the Decentralized Future

    On March 31, the digital asset management company Grayscale released a research report “Get Smart on Smart Contract Platforms”, which introduced the development of smart contract platforms such as Ethereum, Solana, Avalanche, and Polygon and the differentiation of the ecosystem. The report argues that smart contract platforms are an investment in a decentralized future with a vibrant ecosystem of decentralized applications that provide services ranging from finance to gaming. A growing ecosystem is laying the groundwork for a decentralized future capable of handling the massive traffic currently restricted to centralized…

    2022-03-31 DeFi News
  • Bancor: The History of DeFi’s Founding Father

    On March 30, 2022, TheTie Labs released a research report on the history of Bancor and the latest Bancor V3. This article is the first part of the history of Bancor. introduction Bancor is one of the most overlooked and misunderstood DeFi-native projects, and its complexity can leave even the savviest DeFi-native project scratching their heads. That being said, it has maintained a TVL of over $1 billion for over a year and continues to have one of the strongest and most intellectually diverse teams in the field. In this series, I…

    2022-03-30 DeFi News
  • DeFi enters the traditional financial hinterland: bank loans will soon become MakerDAO collateral

    Real-world bank loans will soon be able to be collateral for MakerDAO. On March 26, 2022, Huntingdon Valley Bank (HVB) launched MIP6 at the MakerDAO Governance Forum, applying for a Huntingdon Valley Bank syndicated loan as MakerDAO collateral. If MIP6 is approved by MakerDAO governance and HVB loans are accepted as MakerDAO collateral, it will be the first time a U.S. bank has integrated collateral into the DeFi ecosystem. This also means that DeFi has begun to enter the hinterland of the traditional financial world.  MIP6 Headquartered in suburban Philadelphia,…

    DeFi News 2022-03-30
  • SEC’s new proposal redefines “dealer” or affects DeFi

    The U.S. Securities and Exchange Commission introduced a new proposed rule on March 28 aimed at getting more trading firms to register as dealers and open their books for tighter regulation. The proposed new rule plans to expand the definition of a regulated dealer (dealer) to require all Automated Market Maker AMMs and liquidity providers (companies or individuals) with total assets greater than $50 million to regularly trade the same securities on the same day. Comparable trades or companies or individuals that profit primarily from bid-ask spreads) are included in…

    News 2022-03-29
  • The right way to go from traditional investing to crypto market DeFi nuggets investors

    Berkshire, the giant whale, is beyond the reach of retail investors  Birth of Berkshire  In 1956, at the age of twenty-six, Warren Buffett formed an investment partnership to acquire small and medium businesses and take stakes in large corporations. In 1965, the partnership gained control of Berkshire Hathaway Inc., then a publicly traded textile manufacturer. Buffett’s partnership was quickly dissolved and Berkshire’s equity was distributed to the partners. Berkshire has since acquired businesses of all kinds, in insurance, manufacturing, finance and media. As of 2015, its investment returns have significantly…

    2022-03-29 DeFi News