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B.Protocol Raises $2.2M to Backstop DeFi Liquidations

Lending project B.Protocol, which builds tools to “democratize” DeFi liquidations, raised $2.2 million.B.Protocol is one of the many money legos propping up the patchwork landscape of decentralized finance. Catering specifically to lenders in need of liquidating sour loans, it had roughly $87 million in total value locked as of press time, according to data website DeFi … [Read more...] about B.Protocol Raises $2.2M to Backstop DeFi Liquidations

B.Protocol announces v2 platform for DeFi liquidations

Decentralized finance service B.Protocol has announced plans for a new version that will improve the liquidation of undercollateralized loan positions on lending platforms.In a release issued on Tuesday, the backstop liquidity protocol for DeFi lending platforms revealed that the upcoming v2 is based on a white paper for a novel Backstop automated market maker (B.AMM) written … [Read more...] about B.Protocol announces v2 platform for DeFi liquidations

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Recent Posts

  • Mt. Gox’s former CEO floats hard fork to recover 80K hacked Bitcoin
  • MoonPay PYUSDx Framework Is Bringing App-Specific Stablecoins to the Mainstream
  • Vaneck Director: People Tend to Underestimate Long-Term Impact of Spot Bitcoin ETFs
  • Crypto betting firm Stake secures naming rights to Sauber’s F1 Team
  • Bitcoin price breaks above $45K, days ahead of potential ETF approval

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ADA Bank Billion Binance Bitcoin Bitcoins Blockchain BNB BTC Cardano Coinbase Crypto Data DeFi Digital DOGE Dogecoin Dot ETH Ether Ethereum Exchange Firm fund High Investors Launch Launches Market metaverse Million Mining Network NFT NFTs Platform Price Raises report support Token Top Traders Trading XRP

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