Top DeFi 2.0 projects to take off next year

2021-11-25 16:34

In November 2021, DeFi’s total value locked (TVL) grew 990x to an impressive $269 billion. Among the most significant DeFi projects that emerged were Curve (CRV/USD), Compound (COMP/USD), Aave (AAVE/USD), MakerDAO (MKR/USD), Yearn Finance (YFI/USD), and Sushiswap.

Many investors adopted the term ‘Defi 2.0’ as these early players developed. 2.0 promises to improve capital utilization, launch new finance tech, and improve the user experience. The three most important projects to take off in 2022 are Abracadabra, Olympus, and Convex Finance, according to Yahoo Finance.

Problems solved by DeFi 2.0

DeFi 1.0 was innovative in that it created pools, whose liquidity was provided by users. More and more people started taking resources from the pool to finance their own crypto projects and problems began to emerge with that. Among those are:

Selling LP tokens without an attractive staking mechanismReleasing more tokens as LP rewards, increasing pressure to sellCapital inefficiencyLending requires over-collateralized assets Abracadabra: adding value and improving use of capital

Abracadabra generates stablecoins by over-collateralizing assets, like MakerDAO. Unlike it, the lending platform pledges assets with proceeds. You can use an interest-bearing token to mint or borrow MIM, a dollar-pegged stablecoin, thus freeing up liquidity and increase revenue of holders.

With Abracadabra, you can liquidate interest-bearing asset certificates to make more money, benefit from stable interest rates and low borrowing costs, and enjoy MIM’s good liquidity on the multi-chain Curve. Abracadabra also reduces the likelihood of liquidation because the value of collateral assets increases.

Olympus DAO: A stable crypto and liquidity mining alternative

Olympus DAO takes the innovative approach of using a bond mechanism to create an alternative to the liquidity mining model. It can buy LP positions to create protocol-owned liquidity by issuing OHM, its native token, at a discount. The higher its price, the higher returns are obtained from taking part in the pledge because each OHM is backed by 1 DAI.

Convex: A new and improved user experience

On June 3, Convex ousted Yearn as the platform with the highest percentage of CRV locked. It aims to improve intuitiveness by launching a one-stop platform to pledge CRV and mine liquidity. Convex develops the CRV ecosystem by increasing the compensation for CRV holders and liquidity providers and simplifying the process of Curve and CRV pledging and locking.  

The post Top DeFi 2.0 projects to take off next year appeared first on Invezz.

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Источник: invezz.com

usd defi → Результатов: 126


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50% of Uniswap V3 liquidity providers suffer negative returns, study finds

Around half of users providing liquidity to Uniswap (UNI/USD) V3 protocol are losing money when compared to HODLing, an analysis of impermanent loss showed. In more than four-fifths of the pools analyzed, this loss was dominant even though Uniswap V3 generates the highest trading fees of any DeFi protocol, Invezz learned from a press release.

2021-11-20 16:00


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Should you invest in Ripple (XRP) after the arrival of wXRP in DeFi?

Ripple XRP/USD is a digital asset built for payments and is the native digital asset on the XRP Ledger. It is a blockchain originally developed in 2011 and has stood the test of time. The arrival of Wrapped XRP (wXRP) as a catalyst for growth On October 27, Brian Armstrong said that Ripple is faring […] The post Should you invest in Ripple (XRP) after the arrival of wXRP in DeFi? appeared first on Invezz.

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ETH Price analysis: Is ETH worth investing in after it hits its new all-time high?

Ethereum ETH/USD is still dominating the charts as the second-largest cryptocurrency token in terms of market capitalization. It is an open-source blockchain-based platform that is constantly being utilized due to its smart contract functionality, which powers decentralized applications (dApps), non-fungible tokens (NFTs), and decentralized finance (DeFi).

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2021-10-18 17:06


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Should you buy YLD after Yield App Doubled its assets in Q3?

Yield App YLD/USD enables users across the globe to earn high returns from DeFi products without needing to overly complicate things or learn too much on how to do so. It operates under a banking license and offers an insured investment fund managed by a team with years of experience within FinTech as well as […] The post Should you buy YLD after Yield App Doubled its assets in Q3? appeared first on Invezz.

2021-10-17 21:31


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Is the UNI token worth investing in after China’s ban on cryptocurrencies?

Uniswap UNI/USD is a leading and extremely popular decentralized trading protocol that has gathered a reputation for facilitating automated trading of decentralized finance (DeFi) tokens. With the recent bank of crypto businesses in China, users have been shifting their focus on decentralized exchanges, which might be one of the main reasons why the UNI token […] The post Is the UNI token worth investing in after China’s ban on cryptocurrencies? appeared first on Invezz.

2021-9-28 19:17


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SushiSwap (SUSHI) claims that the reports of a $1b bug are false

Recently, the DeFi sector across the crypto industry has seen a major number of exploits which usually result in millions of dollars in crypto being stolen. This has put the entire DeFi sector on edge, and so when a white-hat hacker reported a $1 billion bug in the software of the decentralized exchange SushiSwap (SUSHI/USD), […] The post SushiSwap (SUSHI) claims that the reports of a $1b bug are false appeared first on Invezz.

2021-9-24 14:40


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Is it worth investing in Polkadex before the Mainnet Launch on September 29?

Polkadex PDEX/USD is a fully decentralized peer-to-peer order book-based cryptocurrency exchange for the decentralized finance (DeFi) ecosystem.   It is known for providing a high level of security, lightning-fast speed, advanced features such as high-frequency trading and trading bots, zero gas fees, and decentralized KYC.

2021-9-23 15:16


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DeFi Protocol Balancer has integrated With the WallStreetBets cryptocurrency app, should you invest in BAL?

Balancer BAL/USD is a popular automated market maker (AMM). It was initially built on Ethereum, where it introduced a self-balancing weighted portfolio protocol.   This protocol essentially allowed anyone to create or add crypto liquidity to customizable pools, where they could, in-turn earn trading fees as a result.

2021-9-10 16:41


Фото:

I’m investing in UNI, LINK, and AAVE in September of 2021, and this is why!

Uniswap UNI/USD is one of the most popular decentralized trading protocols out there that facilitates automated trading for decentralized finance (DeFi) tokens. Chainlink LINK/USD is a blockchain abstraction layer that enables smart contracts to be universally connected and allows blockchains to interact with external data feeds, events, and payment methods.

2021-9-2 16:50


Попытка выхода ETH из консолидации и много альткойнов — Технический обзор от 1 сентября 2021

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2021-9-1 06:06


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DeFi and CeFi Aggregator OpenOcean optimizes trading and augments liquidity following integration with Avalanche

Users of OpenOcean are able to enjoy a seamless trading experience across CeFi and DeFi by accessing leading decentralized exchanges on Avalanche (AVAX/USD), Invezz learned from a press release. One of the leading DeFi and CeFi full aggregators in the world, OpenOcean, announced that it has gone live on Avalanche, an open-source, highly scalable platform […] The post DeFi and CeFi Aggregator OpenOcean optimizes trading and augments liquidity following integration with Avalanche appeared first on Invezz.

2021-8-30 15:59


Фото:

Is it the right time to invest in Uniswap after it surpassed 1 billion in fees?

Uniswap UNI/USD has grown into one of the biggest decentralized trading protocols and is known for facilitating automated trading on decentralized finance (DeFi) tokens. The UNI token is the primary token for the Uniswap decentralized exchange and plays a vital role due to the fact that it’s a governance token, and its owners can participate […] The post Is it the right time to invest in Uniswap after it surpassed 1 billion in fees? appeared first on Invezz.

2021-8-13 19:49


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Cardano report: Full centralization and global financial inclusion with support from Wave Financial Group

Wave Financial Group recently partnered with Cardano (ADA/USD) on an in-depth report, Cardano: From Ideation to Manifestation, with outlooks and insights on key trends in blockchain and crypto. The report covers the DeFi landscape and the ‘three horsemen’ of blockchain – scalability, interoperability, and sustainability as well as Cardano’s solution through Wave’s unique cFund.

2021-8-6 19:00


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Bitwise Launched crypto funds for Uniswap and Aave, are the tokens worth buying?

Uniswap UNI/USD is one of the most popular decentralized trading protocols which is known for its role in facilitating automated trading in decentralized finance (DeFi). Aave AAVE/USD is a decentralized finance protocol that allows people to easily lend as well as borrow cryptocurrencies where lenders can earn interest through depositing digital assets into specially created […] The post Bitwise Launched crypto funds for Uniswap and Aave, are the tokens worth buying? appeared first on Invezz.

2021-8-5 01:46


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Ergo got listed on Bitcoin.com exchange, is now the right time to invest?

Ergo ERG/USD was created with the intention of building advanced cryptographic features and implementing new DeFi functionality on the foundation which was laid out by blockchain technology. Through its Sigma protocols and architecture, it is a possibility to launch use-cases that would be impossible on other platforms, as it offers powerful privacy applications and financial […] The post Ergo got listed on Bitcoin.

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