DeFi
Compound introduces new staking product after controversial $24M token allocation
The new staking product will allocate 30% of reserves annually to holders based on stake size.
Oluwapelumi Adejumo 2 min read
DeFi News
Get the latest DeFi news on lending, DEXs, liquid staking, yield strategies, governance, and the protocols driving on-chain finance.
Coverage footprint 7.7%
7D News sentiment 1 /100
Top DeFi Stories
Crypto
Solana overtakes Ethereum in weekly fee revenue for the first time
The network also recorded $5.5 million in transaction fee revenue on July 28, the highest in three months.
Featured
Compound Finance faces scrutiny over $24 million treasury allocation
The narrow approval of proposal 289 shifted millions from Compound Finance to goldCOMP Vault, sparking controversy.
More DeFi News & Analysis
DeFi
Liquidium’s $2.75M seed round aims to bring Aave-like experience to Bitcoin
The protocol plans to further enhance Bitcoin DeFi accessibility and expand the ecosystem to new markets.
Hacks
LiFi Protocol exploited for $10 million, warns users to avoid platform
Available information suggests that the same vulnerability was exploited on the DeFi protocol two years ago.
Guest Author
DeFi
Restoring trust to BTC in 2024: Let’s start with wrapping
Utilizing discreet log contracts ensures user-controlled, decentralized wrapped BTC, restoring faith in cryptocurrency.
Guest Author
DeFi
Yield strategies in DeFi: From staking to recursive lending
The DeFi space is well-known for its yield opportunities, offering innovative mechanisms that are entirely new to the financial world. From staking to recursive lending, each strategy comes with its own set of rewards and risks. This article provides an in-depth look at these yield-generation strategies
DeFi
Pyth Network introduces Express Relay, aiming to reduce MEV in DeFi
Connecting DeFi protocols with searcher networks, Express Relay lowers transaction costs and mitigates MEV challenges.
Hacks
Compound Finance confirms website hack redirecting users to phishing site
Despite the domain hijacking, Compound's smart contract funds remain unaffected, says Security Advisor Michael Lewellen.
Latest DeFi News Headlines
Crypto
Nomic and Osmosis waive BTC bridging fees in landmark DAO-to-DAO partnership
Analysis
Understanding the pros and cons of smart contract upgradeability in DeFi
Guest Author
Opinion
Why Swiss and Hong Kong crypto regulations will lead the DeFi revolution
Regulation