DeFi | ForkLog - Part 81

ForkLog 14 30.09.2020

Class action against Maker moved to arbitration

The United States District Court for the Northern District of California granted Maker Ecosystem Growth Foundation's motion to transfer the class action against the company to arbitration. This is stated in the docket.

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ForkLog 21 29.09.2020

Opinion: DeFi tokens no longer measure a project’s success

The transition from the ICO model to DeFi has shown that raising money from users is no longer fashionable, and tokens no longer embody a project's success. This was stated by speakers during a panel discussion at the ForkLog Live online conference 'DeFi: A Practical Guide'.

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ForkLog 14 29.09.2020

Opinion: Interoperability Is the Key to Viable DeFi Projects

The principal advantage of decentralized cryptocurrency exchanges built on an underlying first-layer protocol is their interoperability with one another. Anton Bukov, CTO and co-founder of 1inch.exchange, told ForkLog Live at the online conference 'DeFi: Instructions for Use'.

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ForkLog 27 29.09.2020

Hacker siphons $15 million from unfinished DeFi project Eminence

From the new DeFi project by Andre Cronje, a hacker siphoned off $15 million, exploiting the ecosystem deployed for testing.

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ForkLog 16 28.09.2020

Ethereum network fees fall to their early-August low

On 26 September the average fee in the Ethereum network fell to $2.23. The last time such low levels were seen was 9 August this year.

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ForkLog 16 28.09.2020

Value locked in DeFi protocols tops $11 billion

The total value of assets locked in DeFi protocols has surpassed $11 billion. According to DeFi Pulse, the most popular asset remains Uniswap.

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ForkLog 55 27.09.2020

Just Add a Token: How Uniswap Became the First DEX to Beat Coinbase

The DeFi fever has become a landmark moment for decentralized exchanges. One of the first DEXs to use smart contracts was Uniswap, implementing the automated market maker (AMM) technology. The platform was created with support from the Ethereum Foundation and Vitalik Buterin.

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ForkLog 24 26.09.2020

Billionaire Alexander Lebedev launches a large ‘anti-bankster’ DeFi project

Renowned Russian entrepreneur and banker Alexander Lebedev announced the creation of a large DeFi project aimed at solving chronic problems of the traditional financial system. He wrote about it in a column for Novaya Gazeta.

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ForkLog 22 26.09.2020

Aave launches decentralized governance system on the mainnet

A lending DeFi protocol Aave launched a project governance system on the mainnet via community voting. The first Improvement Proposal (AIP) was migration to the new governance token.

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ForkLog 18 25.09.2020

Glassnode analysts doubt Uniswap’s decentralisation

The Uniswap governance tokens are not locked in a smart contract and reside on ordinary Ethereum addresses. This is the conclusion reached by analysts at Glassnode. In their view, this raises questions about the degree of decentralisation of the leading non-custodial exchange.

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ForkLog 40 25.09.2020

Flamingo.Finance DeFi Protocol Begins FLM Token Distribution

On September 25, the Flamingo.Finance DeFi protocol began distributing its governance tokens (FLM). By September 30, the protocol will distribute 50 million FLM to early investors.

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ForkLog 15 25.09.2020

Two record WBTC mints in 24 hours hit the yield-farming market

Two record single-mint releases of the Bitcoin-backed Wrapped Bitcoin (WBTC) token were released to the market within a 10-hour interval. Their total value is about $50 million.

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#DeFi