DeFi protocol
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What is yfii coin (Is yfii a reliable coin)
What is yfii coin? Yfii coin is initiated by the YFI community and is an ERC20
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Alphonance Launches Borrower Pool on Clearpool Unsecured Lending DeFi Protocol
On April 27th, it was announced that Alphonance, a crypto native trading and investment company, has launched a borrower pool on the Clearpool unsecured lending DeFi protocol. Alph
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Safemoon on BNB Chain Set to Recover 80% of Stolen Funds from Hackers: Details & Implications
According to reports, the DeFi protocol Safemoon on BNB Chain stated that hackers will return 80% of the stolen funds of $8.9 million (approximately $7.1 million), with the remaini
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Thala: The Rising Star in the DeFi Future
According to reports, according to Defillama data released by Thala Labs, Thala has accumulated nearly $25 million in lockdown in less than a week after the deployment of the main
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DeFi Protocol StaFi Launches Innovative Liquidity Solution for EVM Compatible Chains
On April 7th, the DeFi protocol StaFi launched a proposal in the community to launch a new liquid collateralized derivative (LSD) solution for EVM compatible chains. rToken will be
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#Table of Contents
On April 4th, according to DappRadar DeFi ranking data, BitKeep Swap ranked first with 330540 active wallets (UAW) in the past 30 days, achieving a growth of 436%. The main contrib
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Sovryn Launches Bitcoin-Backed Stable Currency, DLLR
On March 17th, the Bitcoin based DeFi protocol, Sovryn, launched a 100% Bitcoin supported stable currency, Sovryn Dollar (DLLR), which is aggregated from other Bitcoin supported stable currencies and linked to the US dollar. DeFi Protocol Sovryn Launches Bitcoin Supported DLLR Analysis based on this information:On March 17th, Sovryn, a Bitcoin-based decentralized finance (DeFi) protocol, announced the launch of its newest financial product: the Sovryn Dollar (DLLR). This stable currency is unique in that it is 100% backed by Bitcoin rather than the traditional fiat currencies like the US dollar or Euro, as is often the case with other stablecoins in the market. Sovryn Dollar is aggregated from various Bitcoin-supported stable currencies and is linked to the US dollar. Users can purchase and hold DLLR as a digital asset in their wallets, and unlike Bitcoin, which experiences significant volatility, Sovryn Dollar’s value is relatively stable, making it an ideal trading and payment option for investors and users. The launch of…
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dForce Releases Roadmap for 2023
It is reported that the DeFi protocol dForce released the roadmap for 2023, including the implementation of multi-chain strategy; Introduce AMM and enable dForc
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Dedaub’s Proposal to Use Verkle Tree for Ethereum’s Security
It is reported that the security company Dedaub sent a message on social media suggesting that Ethereum should use the more advantageous Verkle tree to reduce …