Traders Pour $200M+ in Complex Multi-Yield-Level Projects in Two Weeks

Tranched DeFi is coming. Also, DeFi had the most liquidations on record yesterday, and Yearn announced another merger.

Hello Defiers! Here’s what’s happening in DeFi,

• Saffron Finance and Barnbirdge lead the charge in a new, risk tranch-based category of DeFi investment

• Yearn announces yet another merger in its path to become a DeFi mega-bank

• DeFi liquidations soared to a record $92M yesterday and Compound was the hardest hit

• Gnosis and Idle announce plans to decentralize …