Hello Defiers! Hope you’re having a great weekend. Summing up last week: A new financial exploit on DeFi started the week off, with traders attempting to manipulate markets to their favor on the iEarn platform. Over 20% yield for ETH deposits on bZx, compared with less than 1% on other platforms, is drawing users back after the biggest exploits in DeFi. Meanwhile, ETH whales are starting to accumulate. EY partnered with Microsoft and ConsenSys to create the Baseline Protocol, which aims to enable companies to use blockchain technology privately. pTokens and Ren helping make cross-chain transaction a reality and bring bitcoin to DeFi. dYdX to introduce trading fees, Instadapp launches DeFi-specific accounts and PieDAO wants to help issue and trade decentralized ETFs. And there’s even more!
Recap: DeFi Week of March 2 🦄
Recap: DeFi Week of March 2 🦄
Recap: DeFi Week of March 2 🦄
Hello Defiers! Hope you’re having a great weekend. Summing up last week: A new financial exploit on DeFi started the week off, with traders attempting to manipulate markets to their favor on the iEarn platform. Over 20% yield for ETH deposits on bZx, compared with less than 1% on other platforms, is drawing users back after the biggest exploits in DeFi. Meanwhile, ETH whales are starting to accumulate. EY partnered with Microsoft and ConsenSys to create the Baseline Protocol, which aims to enable companies to use blockchain technology privately. pTokens and Ren helping make cross-chain transaction a reality and bring bitcoin to DeFi. dYdX to introduce trading fees, Instadapp launches DeFi-specific accounts and PieDAO wants to help issue and trade decentralized ETFs. And there’s even more!