After less than a month of deliberation and voting, two decentralized autonomous organizations (DAO) have consummated one of the biggest mergers in decentralized finance (DeFi) history.On Tuesday, at Ethereum block height 13850929, a vote to merge Rari Capital and Fei Protocol was approved by members of both DAOs. The measure passed by a 93% to 1% margin among Rari’s RGT … [Read more...] about Rari Capital, Fei Protocol Token Holders Approve Multibillion-Dollar DeFi Merger
RARI
Rari Capital, Fei Protocol Look to Overcome Bagholder Bias in Ambitious DeFi Merger
“Each of our communities are extremely cultlike – and that’s fucking awesome. People sharing their feelings, people sharing their concerns, that means these are strong communities that care about these things, and that’s the best thing a DeFi project can ask for at this stage,” the Rari founder said. Source link … [Read more...] about Rari Capital, Fei Protocol Look to Overcome Bagholder Bias in Ambitious DeFi Merger
Rari Capital falls victim to $11 million exploit
After a $11 million attack earlier today, Rari Capital is the latest decentralized finance (DeFi) protocol to fall victim to a high-priced exploit The platform, which builds optimized yield vaults and boutique lending pools, confirmed the attack in a Tweet and said that a full postmortem is forthcoming:There has been an exploit in the Rari Capital ETH Pool related to our … [Read more...] about Rari Capital falls victim to $11 million exploit
NFT bonanza sends Chromia (CHR), Rarible (RARI) and Lukso (LYXE) price higher
Nonfungible tokens (NFT) have risen in popularity over the past couple of months as stories of record-setting multi-million dollar auction sales begin to emerge on a daily basis. While projects like Cryptokitties, Axie Infinity (AXS) and Aavegotchi (GHST) are some of the well-known NFT tokens in the space, several new platforms have burst onto the scene in recent weeks and … [Read more...] about NFT bonanza sends Chromia (CHR), Rarible (RARI) and Lukso (LYXE) price higher