DeFi Digest: Main Stories This Week 🟠
18.01.2021 - 24.01.2021AMPLIFY continues publishing a weekly DeFi news digest. The last week was great! DeFi’s total value locked (TVL) hit a new all-time high of $25B on Wednesday.
In the meantime, per individual TVLs the lending protocols Maker ($4.23B) and Aave ($3.22B) remain DeFi’s largest dapps. However, in recent days we saw Uniswap ($2.98B) overtake Compound ($2.88B) for 3rd place and Curve Finance ($2.26B) replace SushiSwap ($1.88B) in 5th place.
And of course we will share last DeFi stories with you:
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Kyber 3.0: Architecture Revamp, Dynamic MM, and KNC Migration ProposalThe Kyber Network outlines its plans for the Kyber 3.0 upgrade, which among other things will transition the project from a single liquidity protocol into a hub of such protocols.
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GHST Token Live on MaticAave’s Aavegotchi game hosts an incentivized liquidity migration event around its GHST governance token.
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Last Week for ibETH/ALPHA Trading Volume Mining on Uniswap Before Migrating to SushiSwapAlpha Homora prepares to migrate its ibETH/ALPHA pool to the SushiSwap AMM.
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The State of 1559Ethereum core dev Tim Beiko explains the current status of EIP-1559, an upgrade that will optimize how Ethereum fees are handled and pave the way to ETH becoming deflationary.
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Update on Saddle’s LaunchTLDR: New pegged-value token exchange Saddle releases an update noting how its team responded to some of the protocol’s early high-slippage transactions.
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dYdX - 2020 ReviewDecentralized derivatives project dYdX walks through its major growth metrics from last year.
The DeFi market continues growing and we will continue watching it for you! AMPLIFY believes in keeping track of the market.and staying up to date with trends.