Tag: DeFi

More and more DeFi Protocols have begun supporting LSDs to offer a more flexible way to stake and earn. The popularity of liquid staking derivatives (LSDs) has increased significantly in recent months resulting in a surge in cash flow in DeFi. LSDs are a relatively new type of token that enables stakers to augment potential…

The fintech industry has evolved from early adopters using technology to automate financial services to a comprehensive revolution of the financial sector. The financial technology (fintech) industry has its roots in the late 20th century, with the advent of electronic banking and online stock trading. Since then, fintech has expanded and changed over time as…

DeFi systems are able to displace the traditional market of banking services, Sber’s Blockchain Lab product director Konstantin Klimenko said. Russia’s largest bank, Sberbank, is moving forward with the plan to launch its decentralized finance (DeFi) platform, preparing to trial the product in a few months. Sberbank expects to launch open trials of its DeFi…

DeFi protocols have seen significant growth in total value locked in January, with Lido Finance leading the charge. Decentralized finance (DeFi) protocols experienced a boom in total value locked across different staking pools in January. The market hit $74.6 billion worth of staked assets, increasing by 26% from December. In its latest monthly report, DappRadar…

NFT Steez sits down with Web3 advocate Julie Plavnik to discuss the concepts of self-sovereignty and digital identity in Web3-based creator economies. On this week’s episode of NFT Steez, hosts Alyssa Exposito and Ray Salmond meet with Web3 content writer Julie Plavnik to discuss the importance of self-sovereignty while building a digital identity in Web3. Plavnik…

80% of UNI holders voted to support the deployment of the Uniswap protocol’s v3 to BNB Chain, while the remaining voters voted against the move. A “temperature check” proposal to deploy the Uniswap v3 protocol to BNB Chain received overwhelming support from the Uniswap community on its governance forum. 80% of voters holding Uniswap’s UNI governance token have…