DeFi | ForkLog - Part 68

ForkLog 8 27.01.2021

0x team unveils new protocol version with lower gas costs

Developers of the Ethereum protocol for decentralized exchanges, 0x, unveiled its fourth version. Among the changes are lower gas costs and new capabilities to combine different platforms.

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ForkLog 14 27.01.2021

Opium Protocol launches governance token OPIUM

DeFi platform for cryptocurrency derivatives Opium Protocol will conduct an airdrop of governance tokens OPIUM as part of its drOpium liquidity-mining model. The latter will give users the chance to receive thousands of times more tokens, ForkLog reported.

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ForkLog 18 27.01.2021

Ernst & Young: Financial firms to launch their own DeFi apps

By the end of 2021, at least one financial institution will launch its own DeFi platform for its clients. EY's chief forecaster Paul Brody expressed this view in a CoinDesk interview.

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ForkLog 10 27.01.2021

dYdX raises $10 million to develop its perpetual contracts ecosystem

The DEX for cryptocurrency derivatives dYdX raised $10 million in a Series B round led by Three Arrows Capital and DeFiance Capital.

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ForkLog 217 26.01.2021

Galaxy Digital and Coinbase Invest $25 Million in Terra Stablecoin Ecosystem

Terraform Labs, the developer of the Terra stablecoin, raised $25 million to expand the asset's use in the DeFi sector.

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ForkLog 10 26.01.2021

Nimbus Platform launches the eponymous DeFi ecosystem

Nimbus launched the eponymous DeFi ecosystem with dapps for P2P lending, startup financing, IPO investments, and arbitrage trading. ForkLog reported this from the project7s developers.

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ForkLog 7 25.01.2021

Vitalik Buterin Stakes $10,000 in Synthetix Tokens

Vitalik Buterin, founder of the second-largest cryptocurrency by market capitalization, transferred 562 native tokens of the DeFi protocol Synthetix (SNX) valued at $9,695 into staking. Earlier, the project launched a second-layer solution called Optimistic Ethereum (OΞ).

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ForkLog 8 25.01.2021

Aave token hits all-time high.

The native token of the Aave lending project has risen more than threefold since the start of the year to a new all-time high of $288.7 (on Kraken). This was driven by strong user demand for flash loans and a rally in the DeFi sector overall.

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ForkLog 9 23.01.2021

DeFi Bulletin: Synthetix Launches Optimism, ShapeShift Integrates with Several DEXs

The decentralized finance (DeFi) sector continues to attract heightened attention from crypto investors and traders. ForkLog has assembled the most important events and news from the past three weeks in a digest.

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ForkLog 12 22.01.2021

Kyber Network unveils major protocol upgrade

The Kyber Network developers announced the transition to version 3.0, which will turn the decentralized exchange (DEX) into a 'hub of purpose-driven liquidity protocols for various DeFi use cases'.

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ForkLog 14 21.01.2021

DeFi project yEarn.Finance proposes to issue extra YFI worth $200 million

Eleven key participants in the DeFi project yEarn.Finance proposed increasing YFI issuance by 6666 tokens (~$200 million). The funds will go to reward core developers and create a reserve fund with subsequent distribution under community oversight.

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ForkLog 15 21.01.2021

Coinbase and Polychain Capital back the launch of Saddle Finance, a competitor to Curve and Uniswap

The launch of Saddle Finance, a decentralised exchange operating on an automated market maker model. The platform raised $4.3 million in a seed round.

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#DeFi