April 13, 2020

Daily Archives

Latest news

  • Will Dai ever be $1.00 again?

    It’s been just over a month since Black Thursday, four weeks since the addition of USDC collateral and almost three weeks since MKR flop auctions recollateralized MakerDAO, but still Dai is trading at $1.02 and consistently above its $1 peg:This excellent chart is from Vishesh (more at dai.descipher.io). The pink line is the price of Dai from Mar 14 – Apr 8, while the teal line is the price of ETH over the same time period. The circles represent at least $50k Dai-ETH trades on a DEX.It doe… … More

  • DeFi Dive: Synthetix — A protocol for issuing and trading synthetic assets on Ethereum

    In this edition of DeFi Dive, we’re joined by Synthetix Founder Kain Warwick who shares his unique experiences which lead to the creation of DeFi’s second biggest DApp. How did you get your start in crypto and what inspired you to build your project, product, or service? I’d been involved in several startups in my twenties and founded blueshyft five years ago. It’s become the largest cryptocurrency payment gateway in Australia, processing over two hundred million dollars… … More

  • EthHub Weekly #109

    Curated by Anthony Sassano (@sassal0x) and Eric Conner (@econoar)💸 Gitcoin RecapAnother round of Gitcoin Grants CLR matching ended last week with over $240,000 being donated by over 2000 unique contributors. On top of that, $250,000 was given away in matching thanks to various sponsors! We wanted to extend a heartfelt thank you to every single person that donated to EthHub’s grant as we raised over 5,000 DAI! These contributions really mean a lot to us and gives us the motivat… … More

  • 🎙️ #7 – Ether’s Value Mechanisms

    Level up your open finance game 5 times a week. Subscribe to the Bankless program below.Subscribe now🎙️NEW PODCAST EPISODEListen to episode 7 | iTunes | Spotify | YouTube | RSS FeedEpisode: #7April 13, 2020Ether has some native mechanisms that contribute to its scarcity and value. David and Ryan explore these value mechanisms and compare/contrast them with money printer go brrrr.This episode covers:1. Scarcity mechanisms and fair g… … More

  • Introducing Stake on Me: Collateralized Personal meTokens

    2020 has quickly signaled an emerging trend surrounding personal tokens – or a tokenized version of an individual used for either utility, speculation or some combination of both.
    Today, we saw the launch of meTokens – a new form of personal tokens offering collateralized synthetic labor using bonding curves and the Stake on Me platform. Today we’re officially announcing that meTokens are now live at https://t.co/inq2ge17FY! meTokens are a new kind of personal token they can be… … More

  • DeFi Saver Releases Automation v2 – Automated Vault Management Tools

    DeFi Saver – the asset management tool – has released the second major version of Automation, an automated CDP management tool for Maker Vaults. We are very proud to introduce Automation v2, available now at https://t.co/Tecyt1ghPM.
    This major update includes support for next price updates in @MakerDAO and our new @AaveAave flash loan powered Boost and Repay features.
    Read our full post here: https://t.co/hTI1TOtJoJ
    — DeFi Saver (@DeFiSaver) April 13, 2020 Automation lets use… … More

  • Governance Polls: Adjustments to USDC Stability Fee, Sai Stability Fee, DSR Spread, and more – April 13, 2020

    The Maker Foundation Interim Risk Team has placed a series of Governance Polls into the voting system which presents a USDC Stability Fee adjustment, Sai Stability Fee adjustment, Dai Savings Rate Spread adjustment, and a Dai Stability Fee adjustment. Poll: USDC Stability Fee Adjustment The Maker Foundation Interim Risk Team has placed a Governance Poll into the voting system which presents a number of possible USDC Stability Fee options. Voters are now able to signal … … More

  • Quantitative Hardening vs Quantitative Easing

    To investors,Investopedia defines quantitative easing as “a form of unconventional monetary policy in which a central bank purchases longer-term securities from the open market in order to increase the money supply and encourage lending and investment. Buying these securities adds new money to the economy, and also serves to lower interest rates by bidd… Read more … … More

  • Fail-Proof Guide to Make DeFi Go Viral by @DeFi_Dad

    Hello Defiers! If you frequent DeFi twitter at all, then you already know about the popular account of @DeFi_Dad. He’s a heavy user of decentralized finance and is on a mission to get everyone around him to try these apps, frequently posting step-by-step tutorials and videos of his experience. Today, he argues everyone should do the same.As early users … Read more … … More