Tag: liquidity

Researchers affiliated with Canada’s central bank identified weak points in DeFi lending protocols and reported on the potential they saw for mitigating them. The Bank of Canada has released a working paper that examines lending protocols in decentralized finance with regard to sources of instability and their relation to crypto asset prices. Its findings point…

Experts from 10 industry organizations contributed to this pioneering examination of legal questions surrounding proof of stake. The Proof of Stake Alliance (POSA), a nonprofit industry alliance, has published two white papers examining on the status of deposit tokens in United States securities and tax law on Feb. 21. The papers were authored by representatives…

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…

Core Scientific estimates that canceling the agreement with Celsius will provide $2 million in revenue per month as long as Bitcoin stays around $16,700. Bankrupt cryptocurrency lender Celsius Network has agreed to let Bitcoin miner Core Scientific shut off more than 37,000 mining rigs it had been hosting for Celsius during the miner’s bankruptcy proceedings. Core…

Curve Finance is a DeFi protocol that doesn’t often grab the crypto news headlines. Nevertheless, it has already become the undisputed decentralized finance market leader by total value locked (TVL). We decided to take a closer look at the most popular DeFi system today. DeFi protocol Curve Finance (Automated Market Maker Protocol, AMM) had an…