Summary: Lido Finance has surpassed Curve finance to become the largest DeFi protocol in terms of total value lockedApproximately $19.1 billion is locked on Lido Finance compared to Curve’s $19 billionLido Finance is available on the blockchain networks of Ethereum, Solana, Terra, Kusama, and Polygon. Earlier today, Lido Finance became the largest DeFi protocol in terms of … [Read more...] about Lido Finance with $19.1B in TVL, Edges out Curve as the Largest DeFi Protocol
Curve
Users flock to Curve amid lack of stablecoin liquidity on major DEXs
In a Tweet posted by user @cryptotutor Friday, a screenshot appears to show a 27% spread between stablecoin Magic Internet Money (MIM) and USD Coin (USDC) trading pair on decentralized exchange, or DEX, Uniswap (UNI). Both have a theoretical peg of 1:1 against the U.S. Dollar."Magic Internet Money," joked cryptotutor, as he attempted to swap approximately $1 million in MIM but … [Read more...] about Users flock to Curve amid lack of stablecoin liquidity on major DEXs
Enter Fantom’s “Curve Wars”: How Andre Cronje and Daniele Sesta are changing liquidity provision
In the past three weeks, two of the biggest names in DeFi – Andre Cronje and Daniele Sestagalli – have been hyping up crypto twitter on an upcoming collaboration project to be launched on Fantom.The name of the project was finally unveiled to be “Solid Swap” on a recent Frog Radio podcast, an automated market maker (AMM) decentralized exchange.How is Solid Swap … [Read more...] about Enter Fantom’s “Curve Wars”: How Andre Cronje and Daniele Sesta are changing liquidity provision
CRV Extends Rally as ‘Curve Wars’ Intensify
CRV, the governance token of decentralized exchange (DEX) Curve.Fi, is extending its five-month winning streak as the battle between DeFi protocols for control leads to a demand-supply imbalance.CoinDesk data shows CRV has gained 23% this month, with prices rising 12% to $6.56 in the past 24 hours. The token rallied 127% in the final quarter of 2021 even as market leader … [Read more...] about CRV Extends Rally as ‘Curve Wars’ Intensify
DFG founder James Wo explains why he believes Polkadot is “way ahead of the curve”
James Wo founded Digital Finance Group (DFG) in 2015. The firm is self-funded by James and currently it has assets under management of over $1 billion. DFG focused on blockchain equity and token investment– with a portfolio that ranges from Layer 1, Layer 2, Web3, CeFi, DeFi, NFTs, and beyond.DFG is among the first crypto VCs to adopt equity investment and made an early bet on … [Read more...] about DFG founder James Wo explains why he believes Polkadot is “way ahead of the curve”