Rapid growth in DeFi-focused Ethereum liquid staking derivatives platforms raises eyebrows

Rapid growth in DeFi-focused Ethereum liquid staking derivatives platforms raises eyebrows
фото показано с : cointelegraph.com

2023-6-5 21:52

Ether use in DeFi is down due to an uptick in staking, but rapid growth in LSDfi could be a bull market catalyst.

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Growth DeFi (GRO) на Currencies.ru

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staking growth rapid due defi uptick down

staking growth → Результатов: 71


Analysts are bullish on Tron (TRX), Aptos (APT) and Collateral Network (COLT); Here’s why

The crypto markets suffered a minor pullback giving investors another chance to accumulate before the inevitable bull run. Analysts are bullish on Tron (TRX) given its growth in stablecoin dominance, Aptos (APT) due to its release of delegated staking, and Collateral Network (COLT) due to being the first decentralized lending protocol integrating real-world assets that […]

2023-5-3 11:00


Cake DeFi: growth continued in Q2 despite crypto winter

Cake DeFi, a regulated Singapore-based crypto fintech firm that offers services such as liquidity mining, crypto lending, borrowing, and staking, has released its Q2 Transparency Report that suggests the company is cash flow positive and will remain so for at least four years – even if the bear market translates to more pain for the […] The post Cake DeFi: growth continued in Q2 despite crypto winter appeared first on Invezz.

2022-8-17 23:01


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ADA’s value evolution after Revuto announced Cardano-native staking pools

Cardano ADA/USD is a blockchain platform that enables the development of decentralized applications (dApps) through a multi-asset ledger as well as verifiable smart contracts. Revuto announcement and university partnership as catalysts for growth Revuto is a blockchain-based subscription management platform that has announced new staking opportunities for REVU token holders on Cardano.

2022-4-7 15:32


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DeFi’s Cost Sharing Cover Protocol FairSide Raises $4.2 Million in Its Early Staking Round

With the unprecedented growth of DeFi, both in value and number of users, the security problem surrounding this space became more evident. Protecting user assets against hacks, thefts, and cyberattacks became the top priority and the DeFi space quickly churned out a number of protocols claiming to insure user assets. But in a haste, itRead More

2021-11-18 11:00


Arab Bank Partners With Tezos (XTZ) for Crypto Custody and Staking

Crypto-friendly policies in the United Arab Emirates (UAE) have been ramping up recently, with another leading financial institution making a big splash in the crypto industry. Growth for Everyone Involved Arab Bank Switzerland – the Swiss subsidiary of the Arab Bank, has partnered with the Tezos Foundation to enable institutional crypto custody, per a press […] The post Arab Bank Partners With Tezos (XTZ) for Crypto Custody and Staking first appeared on BitcoinExchangeGuide.

2021-10-6 20:11


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Borderless Capital closes $10M fund to mine and stake HNT

Borderless Capital, a venture capital company focused on growth of the Algorand ecosystem, closed the HNT. Fund for $10 million, Invezz learned from a press release of the company. The fund was conceived with the purpose of mining and staking Helium (HNT/USD), the People’s Network’s native token, which is based on the Helium blockchain and LoRaWAN technology.

2021-7-7 16:07


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How FinNexus Is Incentivizing On-chain Options

The growth of defi has resulted in the industry becoming more financially complex, offering new, value-producing opportunities that were not previously available. Due to a restructuring of user incentives, we’ve seen a massive increase in usage amongst defi dApps such as decentralized exchanges, staking platforms, lending and borrowing platforms, risk management protocols, and interest-bearing savingsRead More

2021-3-1 17:23


RAMP DeFi Leads The Liquid Staking Race, Opening Ethereum-Based DeFi to Staked Liquidity From Other Blockchains

Participation in the DeFi and staking ecosystems has seen explosive growth over the last year, with the combined sectors currently accounting for over $50 billion in value. DeFi growth was predominantly fueled by the breakthrough success of Ethereum-based projects such as Aave, Compound, and Uniswap, utilizing ERC20 stablecoins like USDC and Dai to generate yield. […]

2021-1-17 09:48