DeFi

DeFi, short for decentralized finance, represents a shift in the financial sector by leveraging blockchain technology, primarily Ethereum, to eliminate traditional financial intermediaries. It enables various financial applications, from simple transactions to complex contracts, through smart contracts that execute automatically under specific conditions. Key DeFi applications include decentralized exchanges (DEXs), stablecoins, lending platforms, and prediction markets. DeFi offers financial services like loans and interest-earning opportunities without traditional identity verification, relying instead on collateral, usually in cryptocurrency. This innovative sector promises increased accessibility and efficiency but comes with risks, such as market volatility and unregulated projects.


Videos

Polymesh Announces $25M Developer Grant Program, Avalanche Commits $290M in Avax for New Projects

Polymesh, a securities-focused blockchain, has announced a $25 million developer grant initiative to encourage security token projects on their network, and meanwhile, Avalanche committed $290 million to grow gaming, DeFi, and NFT “subnets.” “The Hash” discusses these incentivized initiatives for developers and how money is allocated in the crypto and blockchain space. 

Recent Videos

Learn

What's a DeFi Wallet, and How to Choose the Right One

Certain DeFi protocols can sometimes be supported by specific crypto wallet services. Here's what you need to know.

(Getty Images)

Finance

‘Minimum Viable DAO’ Product Looks to Supercharge Web 3 Governance

Decent Labs has an opinion on what the future of DAOs should look like, and it’s baking it into a new set of tools.

(Martin Rancourt/Unsplash)

Finance

Avalanche Commits $290M in AVAX to Attract Gaming, DeFi and NFT ‘Subnets’

The “Multiverse” incentive fund is meant to create a network of application-specific blockchains.

(Unsplash)

Finance

Bain Capital Launches $560M Crypto Fund

The $155 billion investment giant will focus on DeFi and Web 3 and isn't afraid to get its hands dirty with liquid tokens.

Bain Capital staffers dedicate a wing of the Boston Children's Hospital in 2018. (Scott Eisen/Getty Images for Boston Children's Hospital)

Videos

Prolific Developer Andrew Cronje Leaves DeFi Behind

Decentralized finance developer Andrew Cronje, known for his work with Yearn Finance, will be leaving the crypto industry following a Twitter announcement from a close associate of his. As dozens of tokens tumble in price following this news, “The Hash” discusses the role Cronje played in the DeFi ecosystem. 

Recent Videos

Markets

Fantom FTM's Loss Eases as Foundation Soothes Investor Concerns

Fantom ecosystem tokens and value locked on DeFi protocols have fallen in the past 24 hours.

Andre Cronje interviewed  at Seoul Blockchain Week,  2019.

Markets

Fantom Ecosystem Coins, DeFi Value Locked Plunge After Developer Exit

Investors reacted to the exit of an influential Fantom developer Andre Cronje.

ghost, casper, phantom

Finance

Dozens of Tokens Tumble as Prolific Developer Andre Cronje Calls It Quits

Investors are running for the exits as a mercurial developer leaves DeFi development behind.

(Andre Cronje/CoinDesk)

Tech

Convex Finance Bug Causes CVX Token to Sink on Forced Token Unlock

After a smart contract exploit, locked CVX tokens flooded the market, dragging down prices.

Convex users are battling through excess liquidity. (Jeff J Mitchell/Getty Images)