DeFi | ForkLog - Part 71

ForkLog 14 23.01.2021

DeFi Bulletin: Synthetix Launches Optimism, ShapeShift Integrates with Several DEXs

The decentralized finance (DeFi) sector continues to attract heightened attention from crypto investors and traders. ForkLog has assembled the most important events and news from the past three weeks in a digest.

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ForkLog 15 22.01.2021

Kyber Network unveils major protocol upgrade

The Kyber Network developers announced the transition to version 3.0, which will turn the decentralized exchange (DEX) into a 'hub of purpose-driven liquidity protocols for various DeFi use cases'.

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ForkLog 20 21.01.2021

DeFi project yEarn.Finance proposes to issue extra YFI worth $200 million

Eleven key participants in the DeFi project yEarn.Finance proposed increasing YFI issuance by 6666 tokens (~$200 million). The funds will go to reward core developers and create a reserve fund with subsequent distribution under community oversight.

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ForkLog 30 21.01.2021

Coinbase and Polychain Capital back the launch of Saddle Finance, a competitor to Curve and Uniswap

The launch of Saddle Finance, a decentralised exchange operating on an automated market maker model. The platform raised $4.3 million in a seed round.

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ForkLog 23 18.01.2021

DEX trading volume tops $30 billion since the start of January

In January, trading volume on decentralized exchanges (DEX) reached $33.5 billion, surpassing the record set in September 2020 ($26.6 billion). The data come from Dune Analytics.

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ForkLog 32 18.01.2021

Maps.me startup raises $50 million to build a DeFi ecosystem

The Maps.me startup, behind an offline navigation service, has raised $50 million to build a DeFi ecosystem. The seed round was led by Alameda Research, The Block reports.

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ForkLog 49 16.01.2021

DeFi project Synthetix launches Ethereum Layer-2 solution Optimistic Ethereum

The Synthetix platform for synthetic assets has begun a pilot launch of Ethereum Layer-2 solution Optimistic Ethereum (OΞ).

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ForkLog 9 11.01.2021

André Cronje announces collaboration between Curve and yEarn.Finance DeFi protocols

The founder of yEarn.Finance, André Cronje, congratulated his project and Curve on their anniversary and announced an upcoming collaboration between the two DeFi protocols.

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ForkLog 20 07.01.2021

DeFi project 1inch to launch new liquidity mining program

The liquidity aggregator from decentralized exchanges, 1inch, will upgrade the 1inch Liquidity Protocol to version 1.1 to improve governance procedures and will launch a new liquidity mining program, ForkLog representatives said.

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ForkLog 24 06.01.2021

ShapeShift to adopt a DeFi model to drop mandatory KYC registration

The cryptocurrency platform ShapeShift announced integration with a number of decentralised exchanges (DEXs) to free users from burdensome KYC procedures. The announcement was made on the company’s website.

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ForkLog 16 06.01.2021

Assets locked in DeFi protocols exceed $20 billion

Crypto assets deployed in DeFi protocols total $20.18 billion.

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ForkLog 10 03.01.2021

Value of MakerDAO’s locked assets tops $3 billion

Against the backdrop of rapid Ethereum growth, the total value locked (TVL) on MakerDAO's DeFi smart contracts reached $3.15 billion.

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#DeFi