Covers all aspects of DeFi – Decentralised Financial systems, protocols, and instruments built on blockchain.
Real-world asset (RWA) protocols surpass decentralized exchanges to become the fifth-largest category in DeFi by total value locked at $17 billion, driven by tokenized Treasurys and private credit. #Update #Crypto $ETH
@Uniswap has burned 100 million UNI tokens, valued at approximately $596 million, following the approval of its fee burning proposal. UNI’s circulating supply now stands at 730 million. #Update #DeFi $UNI
@Bitmine has initiated staking of $ETH after depositing nearly $219 million into Ethereum’s proof-of-stake system. #Update #Crypto $ETH
@Erebor secured $350 million in funding, marking a significant investment week in crypto focused on DeFi solutions. Nine projects reported venture capital inflows. #Update #Crypto $USDT
@Bitmine Immersion deposits 74,880 $ETH into Ethereum PoS to generate yield amid $3.5B-$4.2B unrealized losses, aiming for 5% of total supply #Update #Crypto $ETH
@StaniKulechov denies claims of purchasing $15M in $AAVE tokens to sway a failed governance vote, emphasizing his commitment to Aave and future communication improvements with token holders. #Update #Crypto $AAVE
Uniswap community approves the UNIfication proposal, initiating a burn of 100 million UNI tokens and fee redistribution, boosting UNI price by 3% daily and over 20% weekly. #Update #DeFi $UNI
$BTC rebounds to $88,600 after hitting a low of $86,561; Aave governance proposal rejected with 55.29% voting against control transfer to DAO. #Update #Crypto $AAVE
Arthur Hayes buys 1.9M $LDO for over $1M and $973K in $PENDLE, increasing his DeFi investments. LDO price rises nearly 2%.
Aave token holders rejected a governance proposal to transfer brand assets to a DAO, with 55.29% voting “NAY,” highlighting tensions over governance structure and value capture in the protocol. #Update #DeFi $AAVE
@Uniswap’s “UNIfication” proposal to activate protocol fees and burn 100 million UNI garnered over 125 million votes, linking token supply reduction to usage. UNI price up 2.5% to $5.92 #Update #Crypto $UNI
Uniswap’s governance vote on the “UNIfication” proposal shows overwhelming support, with UNI rising 1.5% to $6 as the deadline nears. #Update #Crypto
Arthur Hayes sold 682 $ETH worth $2M, increasing his DeFi exposure with purchases of $ENA, $PENDLE, and $ETHFI totaling $609K. #Update #Crypto $ETH
Aave’s community is divided over control of its brand and assets following a revenue dispute with Aave Labs, raising questions about governance in decentralized protocols. #Update #Crypto $AAVE
