Hello Defires! Here’s what we have for today:
news
Summary of NFTs
podcast
defiant video
DeFi Explainer
The Defiant trend
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DeFi lending
To Samuel Haig
Migration MakerDAO is the No.1 DeFi platform, $8 billion Users are now able to transfer DAI stablecoins between Ethereum’s mainnet and Layer 2 networks, with the total value locked. The protocol was announced Wednesday.
two chains dubbing maker teleportthe service supports leading Layer 2 arbitrums and optimism, enabling near-instantaneous transfers between the two chains and fast withdrawals to the Ethereum mainnet.
👉Read the full story on DEFIANT.IO👈
FTX Crisis: Contagion
confusion Genesis Global Capital, the lending arm of leading digital asset broker Genesis Trading, announced Wednesday that it has suspended withdrawals and new loans due to “unprecedented market disruption” caused by the collapse of FTX. .
👉Read the full story on DEFIANT.IO👈
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DeFi Saver An all-in-one dashboard to create, manage, and track positions with automatic liquidation protection, leveraging management options only from the most trusted DeFi protocol, Liquity.
Liquid, Interest-Free Borrowing Protocol Built on Ethereum Recently Introduced New Product Offerings Written by Defiant – chicken bondChicken Bonds are a new and innovative form of bonding mechanism in DeFi.
chicken bond Innovative joining mechanism Several Main advantage For those willing to join Liquity’s native stablecoin LUSD. In exchange for depositing and combining LUSD, the user will earn her boosted LUSD (bLUSD), a derived token.
The main advantages of combining LUSD instead of feeding into Liquity’s stability pool are: Amplification yield Users obtain from Liquity’s internal clearing mechanism and other liquidity sources such as Curve’s pools. Alongside increased liquidity for the LUSD stablecoin, the most important benefits for users are: Joining without time commitment or maturity. Users can withdraw their principal LUSD in full and I’m afraid I can’t Waive accrued interest at any time.Other options are chicken in You then waive your initial LUSD deposit and claim the bLUSD accrued.
As Liquity’s most comprehensive decentralized frontend, DeFi Saver continues its dedicated support with a dedicated Chicken Bond dashboard and advanced protocol actions and strategies. In addition to basic actions, DeFi Saver gives users the option to claim and sell her bLUSD, or re-secure (claim, sell, create new bonds). The DeFi Saver team is also preparing automation options for Liquity’s new innovations.
Get the most out of your Liquity experience DeFi Saver.
crypto regulation
To Samuel Haig
hearing In a year of regulators and lawmakers holding back cryptocurrencies, the FTX disaster was the last thing the industry needed. And now, the U.S. House Financial Services Committee is scheduled to hold a hearing in December over the second cryptocurrency exchange failure.
👉Read the full story on DEFIANT.IO👈
Summary of NFTs
To yyctrader
collector SuperRare, an Ethereum-based NFT marketplace with over $250 million in sales, is experimenting with new ways for avid collectors to acquire work from leading artists in the NFT space.
price On November 16th, a collection of 250 Genesis RarePasses was sold through a Dutch auction after RarePass #1 was purchased for 138 ETH ($166,000).
👉Read the full story on DEFIANT.IO👈
defiant video
podcast video
DeFi Explainer
Scalability Polygon has become a Swiss Army knife for fixing Ethereum’s scalability problems. One of the latest methods Polygon uses to make the Ethereum ecosystem faster and more efficient is zkEVM, a zero-knowledge Ethereum virtual machine.
👉Read the full story on DEFIANT.IO👈
The Defiant trend
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Crypto users jump to DeFi platforms in the wake of FTX’s CeFi crash don’t look now However, the demise of FTX has increased interest in decentralized financial platforms. Data from blockchain analytics platform Nansen shows that DeFi protocols have seen double-digit growth in user numbers over the past week.
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CZ strives to show that Binance is different from FTX Like FTX, Binance holds billions of dollars worth of its own tokens on its balance sheet. So is the world’s number one crypto exchange vulnerable to the same kind of bank run that attacked Sam Bankman-Fried’s crypto exchange last week?
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Unsecured DeFi lenders look shaky in the face of FTX contagion The impact of the FTX collapse is just beginning, and among decentralized finance, platforms that enable unsecured loans will be the most affected compared to their secured counterparts with millions of loans. Easy and total value locking slide.
other place
The House Financial Services Committee will hear from Sam Bankman-Fried about the collapse of the crypto empire next month, lawmakers announced today.
Sam Bankman-Freed Former Chief Executive Officer Collapsed crypto exchange FTXclaims the company he founded is still solvent, even as the new boss who oversaw Enron’s final days has initiated formal bankruptcy proceedings.
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