🤔 Winklevoss Offers MakerDAO Deal But Christensen May Be Underwhelmed
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The open economy is taking over the old one. Subscribe to keep up with this revolution. Click here to pay with DAI (for $100/yr) or sub with fiat by clicking on the button below ($15/mo, $150/yr).
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ZetaChain is the first public L1 blockchain that natively connects with any chain and layer including Bitcoin and Dogecoin without wrapping or bridging assets. Dive into the docs to start building the future of multichain.
Ref Finance: Largest DEX on NEAR. DeFi Hub of NEAR. The DEX connecting across many chains. Efficient liquidity to users. Accumulative trading volume $4.7B+.
Gemini’s Offer to Deposit Stablecoin with Maker is Latest Tempting CeFi
By Samuel Haig
MakerDAO, the leading DeFi protocol, is increasingly being tempted by tantalizing offers from major centralized players.
In its latest potential tie-up, the leading DeFi protocol is entertaining an offer from Gemini, the crypto exchange founded by the Winklevoss twins.
$200M Fund Planned To Spur Development
CUSP Cardano, the world’s fifth-largest blockchain by market capitalization, might be on the cusp of a DeFi revolution — if anyone still wants to build on it, that is.
Web3 companies are creating game-changing innovations, but they need a trusted dollar digital currency to bridge the gap into new blockchain network infrastructure.
USDC has become an integral piece of this Web3 equation, helping bring a stable and transparent, dollar-denominated payments infrastructure to the apps and markets pioneering the future of the internet. With weekly published reserve attestation reports, holders of USDC know it is always redeemable for $1.
As one of the fastest-growing stablecoins in the world, USDC empowers crypto finance apps, NFT marketplaces, and Web3 companies with a reliable, easy-to-use on and off ramp for digital assets. USDC is a stablecoin infrastructure built for the future of Web3.
Learn more about the businesses and apps being built on USDC at Circle’s USDC Ecosystem Hub.
Reward Rate Will Drop To 7%
ROUGH YEAR Once the poster child of the “DeFi 2.0” movement, Olympus DAO has had a rough year. Taking another step toward its “bond-centric future,” Olympus, a DeFi protocol with more than $200M in total value locked, will slash the sky-high yield that holders of its native token have enjoyed for the past year and a half.
A Step-by-Step Guide to the DEX Aggregator
EXCHANGE RATE How do you pick the best exchange rate for cryptocurrencies? On centralized exchanges (CEXs), the difference is often minimal because CEXes tend to have deep liquidity. But on decentralized exchanges (DEXs), which rely on network participants and fees, the exchange rate is meaningful.
“We believe digital assets and blockchain technologies are going to become increasingly relevant for our clients,” said BlackRock ETF product strategist Omar Moufti.
Trending in The Defiant
More Than 80% of Ethereum Miners Pull the Plug After Merge Eight out of 10 Ethereum miners appear to have gone offline after The Merge, according to data from 2miners, a website tracking the hash rate of Proof of Work networks.
It Only Took An Hour for MEV Bot to Lose $1.4M in Brazen Heist An MEV bot operator made 800 ETH in a single transaction on Sept. 28, before losing a whopping 1,100 ETH just one hour later, according to Bert Miller, the product lead of Flashbots, an MEV research team.
Mysterious Collector Leverages Mutant Ape NFTs to Buy a Third in Wild $1.3M Deal Betting that Mega Mutant Apes are stronger together, one collector has made a risky leveraged play on the blue-chip NFT collection.
🧑💻 ✍️ Stories in The Defiant are written by Owen Fernau, Aleksandar Gilbert, Samuel Haig, and yyctrader, and edited by Edward Robinson, yyctrader and Camila Russo. Videos were produced by Robin Schmidt and Alp Gasimov. Podcast was led by Camila, edited by Alp.
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