@topco · Post #43 · 02.03.2023 г., 09:01
DeFi: February headlines - Liquid Staking Replaces DeFi Lending as Second-Largest Crypto Sector, the value of cryptocurrencies deposited in liquid staking protocols has increased to about $14 billion, trailing just deposits at decentralized exchanges (source), Lido saw a $240 million inflow in the form of 150,000 ether (ETH), "apparently from Justin Sun" (source) - G20 Financial Stability Board Report Flags DeFi 'Vulnerabilities', criticizing the niche's "actual degree of decentralization," the danger of crypto bridges, and bugs found in the smart contracts that underpin DeFi's applications (source) - Forsage Founders Indicted for $340M Ponzi Scheme Masquerading as DeFi Platform, company relied on smart contracts whose coding is consistent with a Ponzi scheme, the U.S. Justice Department says (source) - Solana-Based DeFi Protocol Everlend Announces Shut Down, the project highlighted a lack of liquidity and the overall shrinking of the borrowing and lending market as the causes of its demise (source) - DeFi Pioneer MakerDAO Announces Aave Competitor Spark Protocol, Spark Protocol will “amplify the features of MakerDAO by enabling a liquidity market for supplying and borrowing scalable crypto assets with variable and fixed rates” (source) - Several Leading DeFi Protocols Are Still Controlled by Whales, including Lido, GMX, Frax Finance, and Curve, which leads to the point that they are not decentralized, since VCs and whales can control governance (source) #February2023#DeFi#trends
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