DeFi

OneStake Finance, a DeFi yield aggregator, claims to be the first TVL-as-a-Service protocol that offers the highest APR on single staking. The project aims to provide solutions for casual and professional DeFi users along with exposure to the entire yield market. According to its website, “OneStake is the 1inch in the field of yield protocols.” TVL-as-a-Service OneStake uses governance mechanics and TVL-as-a-Service to provide users with optimal yield opportunities. The protocol’s DAO analyzes all the assets and protocols interacting with…

The Compound Governance community has rejected a move to completely scrap the COMP rewards program. The community cited concerns that the move could possibly threaten the protocol's decentralization. Despite these concerns, it is interesting that Compound only narrowly escaped abandoning its rewards program.  Compound Debate Rewards Adjustments Compound Finance is a DeFi lending protocol that enables traders to borrow and lend crypto assets on the market. As a DeFi app, its users also possess COMP tokens for utility. COMP tokens…

Rishi Sunak, Chancellor in the UK, has ordered the Royal Mint to create a government-backed NFT for trading. The Chancellor expects the NFTs by the Summer as the government examines new possibilities to use blockchain.  What does the Government wish to achieve with this new political action? And what can the impact of the news be on the NFT and blockchain market? More Information About the Project One of the hottest topics in blockchain technology right now is the use…

Cult DAO, a community-driven decentralized autonomous organization, published recent data on its hyper-deflationary CULT token, gaining the necessary traction and volume to overcome an initial stage of anonymity. These math-backed revelations are scattering away any remaining doubts that CULT is a memecoin. On the contrary, it shows the token’s ambition to challenge the most powerful cryptocurrencies in the market hierarchy.  According to Etherscan data, the Cult DAO protocol burned over 1.725 billion CULT tokens in the past two weeks. More…

SolidProof – a German-based security company – will soon make its automatic smart contract auditing tool available for development teams everywhere. The product is meant to support the growing decentralized finance (Defi) space by addressing its all too common security threats. The Need for Security Defi is a popular application for blockchain technology that builds on the original monetary function that Bitcoin was designed for. Whereas Bitcoin was created as a form of trustless money, defi enables trustless financial services…

AtlasNavi is a navigation app that uses AI and smartphone cameras to identify road conditions ahead, such as traffic jams, accidents, police blocks, parking, and more. Its goal is to revolutionize the road navigation experience and redefine the way people drive. Blockchain technology is steadily infiltrating every industry and market we have with once-unbelievable applications. However, some sectors, such as the auto gaming industry, remain uncharted. Currently, this field lacks an authentic digital connection between auto brands and their fans.…

PotionLabs comprises three key components: a protocol, a suite of analytic tools, and an intriguing launch mechanism. We’ll go through each in turn, highlighting the key features and how each one is changing the DeFi game. Potion Protocol Key features A new, powerful risk management layer in DeFi that offers products like insurance from an automated market maker (AMM) A one-of-a-kind bonding curve that prices any asset depending on the LP’s risk A decentralised order book that allows LPs to…

Decentralized finance (DeFI) has grown at an unprecedented rate since the summer of 2020 with its promise to enable anonymous and private financial transactions. The new tech leverages blockchain technology to introduce more efficient and secure, peer-to-peer dealings that eliminate intermediaries from the borrowing and lending process.  The fast-growing sector in the crypto industry now boasts nearly $78 billion locked in multiple protocols, per the latest data from DeFiPulse. The DeFi movement has shown no signs of slowing down over…

The Ethereum-based decentralized exchange (DEX) aggregator “1inch” has added an all-new P2P feature to its DeFi arsenal. The feature allows users to swap tokens directly with other, individual users, rather than through an aggregated exchange. Unlike traditional transactions, this lets users make trustless trades through smart contracts that ensure both users receive their desired assets. Understanding P2P Orders As explained in a press release shared with CryptoAdventure, users must find a counterparty with whom to exchange tokens before using the…