Good morning defiers, hope you’re having a great weekend! Summing up this past week: Ether climbed above $200 for the first time in five weeks, driven by increased network use. Daily transaction fees on Ethereum surpassed those on Bitcoin, mainly driven by Tether’s migration from Bitcoin-based Omni. Dai is trading at a premium in Argentina and China as savers use the stablecoin to skirt currency controls and protect against inflation. MakerDAO regains DeFi dominance after token holders cut rates once more and BitPay adds ether.
Recap: DeFi Week of Sept. 16 🦄
Recap: DeFi Week of Sept. 16 🦄
Recap: DeFi Week of Sept. 16 🦄
Good morning defiers, hope you’re having a great weekend! Summing up this past week: Ether climbed above $200 for the first time in five weeks, driven by increased network use. Daily transaction fees on Ethereum surpassed those on Bitcoin, mainly driven by Tether’s migration from Bitcoin-based Omni. Dai is trading at a premium in Argentina and China as savers use the stablecoin to skirt currency controls and protect against inflation. MakerDAO regains DeFi dominance after token holders cut rates once more and BitPay adds ether.