DeFi

DeFi, short for decentralized finance, represents a shift in the financial sector by leveraging blockchain technology, primarily Ethereum, to eliminate traditional financial intermediaries. It enables various financial applications, from simple transactions to complex contracts, through smart contracts that execute automatically under specific conditions. Key DeFi applications include decentralized exchanges (DEXs), stablecoins, lending platforms, and prediction markets. DeFi offers financial services like loans and interest-earning opportunities without traditional identity verification, relying instead on collateral, usually in cryptocurrency. This innovative sector promises increased accessibility and efficiency but comes with risks, such as market volatility and unregulated projects.


Mercados

Decentralized Exchange Kyber Network's KNC Token Jumps

"Kyber Network has underperformed its peers, still trading at relatively low market capitalization," one analyst said.

Credit: Shutterstock

Mercados

New DeFi DAO Relies on ‘Talent Hunters’ to Vet Yield-Farming Projects

The project is led by a former Huobi executive and includes the participation of investors including Multicoin Capital and Polychain Capital.

an honest yield farmer

Vídeos

Thailand Warns Over DeFi; India Green Lights Cryptos

Thailand attempts to regulate decentralized finance. India’s central bank gives the green light for banks to support crypto transactions. Singapore’s DBS bank launches its first security token offering. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Finanças

Lithium Raises $5M for Decentralized Oracle Tracking Private Assets

The protocol aims to bring accurate pricing data for illiquid, non-public assets to DeFi.

crystal, ball

Mercados

Thai SEC Warns DeFi Transactions Could Be Subject to Applicable Licensing Law

The agency is signaling it may move to regulate the country's DeFi sector.

Rama VIII Bridge, Bangkok, Thailand

Vídeos

When Is Uniswap Bringing Back Liquidity Mining?

At Consensus 2021, Uniswap founder Hayden Adams said that liquidity mining would be returning to the platform “very soon.” “The Hash” panel breaks down what liquidity mining is and why its return to Uniswap is noteworthy for the DeFi community.

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Finanças

DeFi's Set Labs Raises $14M to Expand Crypto's Tokenized 'ETFs'

The San Francisco startup is building DeFi’s answer to the exchange-traded fund.

The Set Labs team, with CEO Felix Feng at center, pose for a photo in Osaka, Japan.

Finanças

Exchange Aggregator OpenOcean Enables Trading on Solana Network

DeFi traders using OpenOcean can now make swaps on Solana-based exchanges.

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Vídeos

Paradigm's Ehrsam: DeFi Opens Door to New Possibilities Beyond Traditional Financial Systems

Speaking at Consensus 2021, Paradigm partner Fred Ehrsam and Uniswap founder Hayden Adams talked about the progression of financial building blocks, DeFi's new possibilities and its resilience.

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