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.


Tech

Collateralized Debt Obligations Make Their Way Into DeFi Lending

The future of finance apparently involves Wall Street’s ghosts.

Scene from "The Big Short"

Learn

How to Stay Safe in DeFi: Red Flags and Risks You Need to Know

Scams, exploits and fatal code errors are among the biggest risks associated with using DeFi platforms.

DeFi risk concept crocodile (Getty)

Markets

How Cultural Differences Drive User Adoption in DeFi

Despite being virtually identical products at launch, SushiSwap and Uniswap have taken divergent paths as they respond to users, says Multicoin's principal.

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Tech

'Let's Not Be Bitcoin': Yearn Finance Considers Minting $200M in New YFI Tokens

Turns out the "no inflation" meme may not be here to stay.

New money

Finance

Saddle Raises $4.3M for Slippage-Free DeFi Trading

Silicon Valley's Saddle is solving the stablecoin spread that currently dogs DeFi.

saddle-defi

Markets

Offline Travel App Maps.Me Raises $50M in Funding Round Led by Alameda Research

The funding will go toward the launch of a multi-currency wallet.

map pins

Tech

Optimism ‘Soft Launches’ Ethereum Throughput Solution With DeFi’s Synthetix

A potential fix for Ethereum's costly congestion problems.

Members of the Synthetix team

Tech

MahaDAO’s Algorithmic ‘Valuecoin’ Goes Live on Ethereum

ARTH tries to maintain its value over time compared to other stablecoins that lose value as the dollar is inflated.

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Tech

Lido Protocol Does Eth 2.0 Staking but With a DeFi Twist

There's a new yield farm for those backing Ethereum 2.0.

A new field to till.

Markets

These DeFi Tokens Have Double-Digit Gains as Bitcoin's Growth Tapers

DeFi tokens are attracting investors as bitcoin's rally fades and new protocols are updated.

Prices for Maker (MKR), Dec. 13, 2020 to Jan. 13, 2021.