Decentralized finance, or DeFi, is a subset of the cryptocurrencies and blockchain industries that aims to provide a decentralized version of traditional financial services.

Financial firms in the mainstream provide consumers with services such as cash storage and loans. These services, however, are regulated by centralized bodies.

At CoinCu News, we provide you the most up-to-date information about DeFi and how it may help us better our present financial system.

Author

Victor

DeFi

- 537 days ago 2 mins
537 days ago
5
Jul
Spark Protocol, MakerDAO’s New Lending Platform, Will Expand To Multi-chain

MakerDAO announced on Twitter that their DeFi lending protocol Spark Protocol would be extended to

- 541 days ago 2 mins
541 days ago
1
Jul
Aave V2 Is Considering Freeze TUSD Out Of Fear Of The Stablecoin Crisis

The Aave community is voting on a proposal to freeze the TUSD reserve on the

- 547 days ago 2 mins
547 days ago
25
Jun
DeFi Tokens Thrives Amid Legal Concerns, Should It Be Risky?

DeFi tokens have grown significantly in market capitalization over the past week, with tokens such

- 548 days ago 3 mins
548 days ago
23
Jun
Lido Proposes A 40K ETH Investment From Mantle For stETH Liquidity Boost

Lido Finance has proposed a plan for Mantle to allocate 40,000 ETH to its liquid

- 550 days ago 2 mins
550 days ago
21
Jun
MakerDAO Backed DAI By Purchasing $700 Million In US Treasury Bonds, MKR Up 5%

MakerDAO purchased another $700 million in US Treasury bonds, bringing the platform's DAI stablecoin reserve

- 553 days ago 2 mins
553 days ago
19
Jun
Synthetix Founder Suggests To Simplify Staking SNX In New V3

The founder of Synthetix proposed implementing the new SNX staking module in version V3 to

- 557 days ago 2 mins
557 days ago
15
Jun
Caution: stETH On Aave V2 Faces Liquidation Risk Of About $78 Million At Price Of $1563

DeFi platforms, including Aave, are also facing fresh liquidation if stETH falls into a dangerous

- 557 days ago 2 mins
557 days ago
15
Jun
Important: EigenLayer Restaking Has Been Deployed On Ethereum Mainnet

EigenLayer allows users to staking ETH by depositing liquidity staking tokens such as Lido stETH

- 557 days ago 3 mins
557 days ago
14
Jun
MakerDAO Promotes Removal Of Gemini’s $390 Million GUSD From Its Reserves

MakerDAO intends to withdraw $390 million in cryptocurrency exchange Gemini's GUSD stablecoin from its reserves.