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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.
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DeFi
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
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
Jul
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
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
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
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
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
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
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.
Jun
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