DeFi | ForkLog - Part 58

ForkLog 20 01.07.2021

1inch Network to launch its own stablecoin

The DeFi project 1inch Network, in partnership with the ICHI platform, is launching a new internal-use stablecoin for the community — one1INCH. ForkLog has been informed of the development by project representatives.

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ForkLog 44 01.07.2021

What is Compound (COMP)?

Compound Finance is a decentralised lending protocol where interest rates are set algorithmically by supply and demand.

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ForkLog 11 30.06.2021

1inch unveils new governance voting system for protocol settings

The liquidity aggregator from decentralized exchanges 1inch launched a new governance voting system for protocol settings, which will complement the “instant governance” token.

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ForkLog 17 30.06.2021

WhaleFarm project suspected of exit scam as token price falls 99%

The WhaleFarm DeFi project team is suspected of diverting $2.3 million from investors. The native token price fell by 99% in minutes. The matter drew the attention of a crypto analyst known as CryptoWhale.

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ForkLog 17 29.06.2021

Compound Labs opens DeFi access for institutions

Compound Labs, the team behind the eponymous lending project, has launched its subsidiary Compound Treasury. It provides neobanks and other financial institutions access to the DeFi ecosystem.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 17 28.06.2021

Safe Dollar DeFi protocol token devalues after hack

The Safe Dollar DeFi protocol on the Polygon blockchain was hacked, and its stablecoin devalued. The project team warned users in its Telegram channel.

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ForkLog 14 26.06.2021

Maxed-out yield farming: how Merlin’s yield aggregator works

We outline the features of Merlin's yield aggregator on Binance Smart Chain, the MERL tokenomics, and the airdrop for Russian-speaking users.

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ForkLog 7 24.06.2021

SEC commissioner Hester Peirce declines to name timelines for Bitcoin ETF approval

SEC Commissioner Hester Peirce struggled to name the factors that could remove obstacles to approving a Bitcoin ETF. The Block reports.

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ForkLog 18 22.06.2021

Mark Cuban Has Not Changed His Stance on DeFi Following Iron Finance Protocol Collapse

The billionaire Mark Cuban, who suffered losses during the collapse of the IRON Finance DeFi protocol, admitted that he lost investments due to his own fault. In an interview with The Block, the Dallas Mavericks owner said he should have spent more time analysing.

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ForkLog 26 22.06.2021

An Investor’s Guide to Popular Indicators for Assessing DeFi Projects

We consider the most popular indicators designed to help compare different projects and assess the intrinsic value of assets in DeFi.

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ForkLog 16 21.06.2021

DeFi project on Binance Smart Chain loses $500,000 in attack

A DeFi project operating in the Binance Smart Chain (BSC) ecosystem, Impossible Finance (IF), was attacked using flash loans.

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ForkLog 14 18.06.2021

DeFi project Beetsfarm Finance on Polygon suspected of fraud

Beetsfarm Finance, a Polygon-based {{AOPEN_1}}yield farming{{ACLOSE_1}} project, has been suspected of fraud. RugDoc specialists accuse the developers of stealing more than $120,000 from users.

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#DeFi