Hello Defiers, hope you’re having a great weekend! Summing last week up: MakerDAO survived its biggest test yet and has raised enough funds in its MKR auctions to cover underwater loans and has laid out plans to reach fully decentralized governance. Assets locked in DeFi protocols are rebounding and DeFi activity is up more than 3x in February versus a year ago. Tron launched a MakerDAO copycat and EOS block producer partnered with Bancor to launch a platform to boost its DeFi ecosystem. Open source is helping increase supply of urgently needed medical equipment to fight COVID-19. Keep Project raises $7.7m to build tBTC and Coinbase invested $1.1m in Uniswap and PoolTogether. In the third installment of The Flippening That Matters, Ganesh Swami of Covalent compares monthly transfer volumes of fiat-backed and trustless stablecoins. And there’s more!
Recap: DeFi Week of March 30 🦄
Recap: DeFi Week of March 30 🦄
Recap: DeFi Week of March 30 🦄
Hello Defiers, hope you’re having a great weekend! Summing last week up: MakerDAO survived its biggest test yet and has raised enough funds in its MKR auctions to cover underwater loans and has laid out plans to reach fully decentralized governance. Assets locked in DeFi protocols are rebounding and DeFi activity is up more than 3x in February versus a year ago. Tron launched a MakerDAO copycat and EOS block producer partnered with Bancor to launch a platform to boost its DeFi ecosystem. Open source is helping increase supply of urgently needed medical equipment to fight COVID-19. Keep Project raises $7.7m to build tBTC and Coinbase invested $1.1m in Uniswap and PoolTogether. In the third installment of The Flippening That Matters, Ganesh Swami of Covalent compares monthly transfer volumes of fiat-backed and trustless stablecoins. And there’s more!