⛲️ Vitalik Tweet Spurs Flurry Of Meme Coins
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Do Kwon of Terra: 'It Was Never Really About Money or Fame or Success' - Ep. 408: Unchained
Jack Dorsey unveils decentralized social with algo choice and portable accounts: CoinTelegraph
Trending in The Defiant
Lido Co-Founder’s Comments Spark Debate Over Decentralization of Ethereum
MakerDAO Poised to Break Up Into ‘MetaDAOs’ in Historic Shakeup
Governance Project Uses ‘Contests’ to Help DAOs Improve Decisionmaking
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Meme Coins
⛲️ Vitalik Tweet Spurs Flurry Of Meme Coins
Nearly 200,000 Trades Were Conducted On Uniswap In the Past Day, Highest Since June 2021
By yyctrader
SHILL On Oct. 14, Ethereum co-founder Vitalik Buterin mused that a project called “THE Protocol” would be really easy to shill, as its supporters could say “Look, so and so mentioned THE!” when referring to pretty much anything.
👉READ THE FULL STORY IN THE DEFIANT.IO👈
NFTs
🏡 Digital Platform Sells House as an NFT on OpenSea
Sale of $175,000 House Settled with USDC Stablecoins
By Samuel Haig
SOLD In the latest sign that the property industry is finding NFTs a new sales tool, Roofstock, a digital real estate platform, sold a single-family home in South Carolina for $175,000 via OpenSea.
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Sponsored Post
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Crypto Lending
👀 Startup Adapts Credit Default Swap Model to Unsecured Crypto Loans
Carapace Raises $2.5M in Round Led by NFX
By Owen Fernau
LORE Credit default swaps are the stuff of financial lore. These complex instruments played a role in the subprime mortgage crash of 2008 and featured in the celebrated account of that cataclysm, “The Big Short.”
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Stablecoins
⚙️ Aave Releases Technical Details Of GHO Stablecoin
Audit Finds No Critical Bugs
AUDIT Aave Companies, the centralized entity that oversees DeFi’s leading lending protocol, has released a technical paper on Aave’s upcoming GHO stablecoin, along with the results of its first security audit.
👉READ THE FULL STORY IN THE DEFIANT.IO👈
Defiant Video
📺 Quick Take: Sad Milestone - More than Half of Ethereum is Being Censored
DeFi Research
🧐 Polygon’s Embrace of ZK Testnet May Usher in Vibrant Season for Crypto
ZKSync’s Coming Mainnet Launch Underscores Mounting Activity for the Technology
By IntoTheBlock
On-Chain Markets Report by Gabriel Halm, IntoTheBlock
DAPPS: Polygon announced their zkEVM testnet with a bang on Oct 10th. Both Aave and Uniswap are deploying their dApps alongside Lens protocol and the gaming studio Midnight Society.
VOLUME Spotlighting influential DeFi protocols such as Aave and Uniswap help to convey that Polygon intends to be a serious contender in the zk-chain space. This news could also show why there was a surge in transaction volume for Polygon’s MATIC token the same day the testnet was announced.
👉READ THE FULL STORY IN THE DEFIANT.IO👈
Shoutout
Hey Anon, Yuga Labs is coming to Benzinga’s Future of Crypto conference. Are you?
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DeFi Explainers
🤔 What Is Cryptocurrency?
A Step-by-Step Guide to Blockchain-based Money
FEATURES The 21st century arguably changed course with the advent of blockchain technology. One of its key features, of course, is cryptocurrency, the digital money powered by blockchain’s peer-to-peer (P2P) mechanics.
👉READ THE FULL STORY IN THE DEFIANT.IO👈
Elsewhere
🔗 Do Kwon of Terra: 'It Was Never Really About Money or Fame or Success' - Ep. 408: Unchained
Do Kwon, cofounder of Terraform Labs, discusses the charges against him, gives a message to Terra victims, answers allegations about potential fraud and non-transparent business practices, and much more.
🔗 Jack Dorsey unveils decentralized social with algo choice and portable accounts: CoinTelegraph
Twitter co-founder and former CEO Jack Dorsey have lifted the curtain on the latest iteration of its social protocol and a new Bluesky Social app — as part of its decentralized answer to Twitter.
Trending in The Defiant
Lido Co-Founder’s Comments Spark Debate Over Decentralization of Ethereum Liquid staking giant Lido has come under fire after co-founder and chief technology officer Vasiliy Shapovalov said the hardware used to secure Ethereum should be professionally managed, infuriating an army of enthusiasts who operate such hardware at home, as well as several prominent Ethereum influencers.
MakerDAO Poised to Break Up Into ‘MetaDAOs’ in Historic Shakeup Is MakerDAO, the No. 1 DeFi protocol, about to be broken up? That’s what is at stake in a flurry of votes taking place this week in the collateralized debt platform.
Governance Project Uses ‘Contests’ to Help DAOs Improve Decisionmaking Managing DAOs may be one of the most serious issues in decentralized finance. Yet an outfit called jokedao is betting its unorthodox approach, and a dash of humor, may be just the trick.
🧑💻 ✍️ Stories in The Defiant are written by Owen Fernau, Aleksandar Gilbert, Samuel Haig, and yyctrader, and edited by Edward Robinson, yyctrader and Camila Russo. Videos were produced by Alp Gasimov. Podcast was led by Camila, edited by Alp.
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🚰 Shortage of Goerli Testnet Ether Puts the Squeeze on Devs
With Ethereum Testnets Closing After The Merge Faucets Are Running Dry
By Samuel Haig
SHORTAGE Developers are hoarding Goerli testnet Ether, resulting in a widespread shortage of the coin, according to data from websites that distribute tokens.
PREMIUM As a result, developers must pay a premium to access what are intended to be freely distributed coins. Without Goerli ETH, devs cannot experiment on the test network, posing a threat to innovation on the Ethereum blockchain.
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