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

MakerDAO On Its Decentralization Process to Dissolve the Foundation

DeFi protocol MakerDAO plans to complete its roadmap to decentralize governance with the dissolution of its foundation in the coming months. Nadia Alvarez, head of growth at MakerDAO, joins "All About ETH" live from Ethereum Denver 2022 to discuss its journey to decentralization and key lessons learned. Plus, is the trend of DAO-ifying a buzz or a long-term revolution?

Recent Videos

Finance

Brazilian Asset Manager Hashdex Launches DeFi ETF on Local Stock Exchange

The ETF, which trades under the ticker DEFI11, attracted 2,200 investors for a total amount of $10.5 million, about a tenth of the $96 million it expected to capture.

Brazilian flag (Shutterstock)

Videos

Could Chainlink Be the Driver for DeFi’s Growth? Bank of America Thinks So

Chainlink (LINK) could accelerate the adoption of next-generation blockchain use across finance, insurance, supply chain, gaming and gambling, Bank of America said in a research report following an investor call with Chainlink co-founder Sergey Nazarov.

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Finance

DeFi Project Ref Finance Closes $4.8M Round Led by Jump Crypto

Alameda Research and Dragonfly Capital also participated in the round.

Digital $10 bill (Wikimedia Commons, modified using PhotoMosh)

Finance

Housecat Raises $3.4M to Help Bridge DeFi, Investment Management

Ville Vesterinen, CEO and co-founder, calls it the “Substack of asset management” with a crypto twist.

(svklimkin/Flickr Creative Commons)

Policy

SEC Enforcement Against Wonderland Could Mean Trouble for DeFi

“Protocol Controlled Value” is rarely controlled by a protocol, and enforcement agencies may be taking a closer look.

(Andy Feliciotti/Unsplash)

Videos

KPMG Canada Exec on Adding Crypto to Its Balance Sheet: ‘We Believe in This Sector’

The Canadian branch of accounting giant KPMG has acquired bitcoin and ether on its balance sheet. KPMG Canada’s Kareem Sadek shares his insights into the firm making its first allocation of crypto assets to its corporate treasury.

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Learn

What Is a DEX? How Decentralized Crypto Exchanges Work

DEXs charge users much lower fees than their centralized counterparts, but can be much more difficult to navigate and use.

(Getty Images)

Finance

Polkadot Parachain Astar Launches $100M Boost Incentive Program

The new fund will offer liquidity and financial support for smart contract developers.

Former Libra Director Joins Polkadot Builder