DeFi

Over the last few years, the crypto community has observed many trends and technological revolutions in the market. Project after project, plans and ideas came to life, some making a great impact in the market. Today we’ll look into DollarMoon, a project proposing its recipe to go "to the moon," as mentioned on its website. DollarMoon is a crypto ecosystem backed by features and technologies that we'll review today for you. What Is DollarMoon? DollarMoon is a deflationary cryptocurrency that…

Dypius is an all-in-one platform with many tools for seasoned crypto enthusiasts and those just entering the space. In addition, the project offers a dual token system, state-of-the-art bridge technology, and more. Its large ecosystem is an innovative hub for everything related to blockchain, cryptocurrency, and the metaverse. What Is Dypius? Dypius is a project dedicated to the exploration of blockchain and cryptocurrency technology. It's an all-in-one platform that offers users a unique set of tools connected to DeFi, trading,…

In a medium update earlier today, DeFi protocol Defrost Finance shared its strategy to reimburse users who suffered in the recent exploit. The team behind the platform noted in a Twitter thread that they had recovered the stolen assets and were set to commence refunds.  The Refund Process The blog post, titled “Details Concerning the Refunding Process” outlined the steps the platform will follow over the next few days. To begin with, the Defrost team will swap all ETH for…

Platypus Finance is launching USP, a protocol-native stablecoin. USP’s deployment has emerged from Platypus’ goal of improving capital efficiency for its users. USP also resolves long-running collateral issues associated with stablecoins. The native Platypus Finance stablecoin has been designed to reduce the liquidity fragmentation and scattered assets that are endemic to many protocols. https://www.youtube.com/watch?v=Zg_5fh6lnH4 USP is pegged to the US dollar, operating as an overcollateralized stablecoin that provides a layer of security in cases of depegging with its unique Adaptive…

In early November, Alameda Research became insolvent. FTX tried to bail it out but faced a liquidity crisis that shortly led to its bankruptcy and marked the start of a cataclysmic meltdown in the cryptocurrency market. Here’s a brief aftermath of it in numbers: $223 billion was lost in the market cap for the entire crypto market in less than 5 hours. $15 billion was lost in total value locked (TVL) in DeFi protocols. $4,700 drop in value for Bitcoin in a…

Trading in decentralized finance is evolving rapidly and empowering people worldwide to access new forms of income. Spearheading this revolution are platforms like SuperBots, a BSC-based protocol enabling users to deposit their capital in vaults for secure and efficient trades on decentralized markets. SuperBots accelerates the mainstream adoption of DeFi trading through high-performance bots that automatically trade for their owners. This way, users can achieve profitable trades, regardless of their experience or skill. Furthermore, the platform does not charge any…

SuperBots is a DeFi protocol offering decentralized trading solutions where users can deposit their capital in vaults for secure and efficient trades on decentralized markets. The project stands out through its no-fees policy on deposits and withdrawals. Instead, the system is based on performance fees and transaction fees. SuperBots shares some of its features with UpBots, a digital asset management platform enabling trading in crypto through trading algorithms. Both protocols support accessible crypto trading for new and expert traders alike.…

A new player in the crypto world is looking to change how data is processed and shared. Ushi, a project audited by SolidProof, has a roadmap that promises big things for the future of data sharing.  So let us look more closely at what Ushi has to offer. A Quick Overview of Ushi Ushi (the Japanese term for "bull") is a new and unique way to look at the crypto market. By analyzing data and looking for patterns, Ushi can…

Defi scams are, unfortunately, all too common. This article looks at popular Defi scams, how they operate, and how to protect yourself. We'll also provide tips on what to do if somebody scammed you and how to report a scammer. Finally, we'll discuss the implications of DeFi scamming and present examples of successful prosecutions. What Are DeFi Scams, and How Do They Work? Decentralized Finance (DeFi) is a term that has gained enormous popularity over the years. DeFi is the…