Lending and borrowing crypto, a subset of DeFi applications, has quickly boomed into an almost billion-dollar industry. But does it pose a threat to Proof of Stake networks? The DeFi landscape includes lending protocols, security tokens, derivatives, and exchanges, and threatens to usurp traditional financial models into trustless protocols that leverage decentralized networks. The Rise...Read More
Chainlink, a service that provides tamper-proof I/O for smart contracts, recently published its ‘Mixicles’ white paper. According to Chainlink, Mixicles are DeFi instruments embedded with oracles, which mediate between data both on and off the blockchain, and include mixers for the promotion of financial instruments’ privacy. We’re thrilled to release our work on Mixicles, a...Read More
The prospect of institutional investors makes the crypto industry go all tingly inside. Deep order books and market liquidity mean many centralized exchanges have expanded their offerings to cater to the needs and requirements of professional investors – but TROY Trade, the ‘first’ prime broker in the industry, aims to leverage decentralized exchanges for the...Read More
Set Protocol, an Ethereum DeFi project, has announced that it will be deploying their own 50 day moving average strategy. It is designed to rebalance when the price crosses the 50 SMA technical indicator, and it does so automatically. The strategy involves selling into the USDC stablecoin during an economic downturn and ETH buyback during...Read More
Singapore-based Huobi is expanding its presence in decentralized finance (DeFi). The crypto exchange announced support for two autonomous loan making vehicles, the infamous MakerDao and a similarly open-sourced Compound protocol, according to an August 19 statement. Both ethereum-based protocols serve as “market-makers” by allowing borrowers to take out liquid loans against a pool of assets....Read More
