DeFi
New Sushi Head Chef promotes asset-backed tokens, receives 83% of vote
Jared Grey has been appointed as the new Head Chef for Sushi and has strong beliefs in asset-backed tokens as the future of DeFi
Liam 'Akiba' Wright 3 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%
News sentiment 34 /100
Top DeFi Stories
Investments
Uniswap Labs rumored to be raising $100M in funding at a $1B valuation
Techcrunch reported that Uniswap Labs is being valued at $1B ahead of a proposed new $100M funding round
Regulation
DeFi needs to be regulated ‘carefully and thoughtfully,’ says Fed chair Jerome Powell
Powell said that central banks will always be the main trust anchor behind money and stablecoins borrow the trust from the underlying issuer.
Latest DeFi News & Analysis
Adoption
Fireblocks records over $100M in annual recurring revenue, solidifies unicorn status
Fireblocks justifies its new unicorn status with its growing multi-party computation and treasury mangement services.
Research
Research: Ethereum gas usage by stablecoins, DeFi, NFTs, and ERC -20 contracts
During the current bear market, gas usage has trended downwards for each of the four categories, however, ERC-20 contract gas usage appears to have bottomed.
DeFi
Aave developers to get $16.8M in retroactive funding
The developers submitted a proposal to the DAO on Aug. 10 requesting funds to cover payments for development work done over the past 12 months.
DAOs
Coinbase submits proposal that could earn MakerDAO $24M annually
Some MakerDAO members argued that the proposal could affect the protocol’s decentralization and add another layer of regulatory attack.
DeFi
Aave votes to pause ETH borrowing following concerns of users trying to maximize ETHPoW airdrops
A governance proposal on Aave has been passed to suspend ETH borrowing following detailed simulations of high utilization of ETH caused by users attempting to receive an ETHPoW airdrop.
DeFi
Vitalik Buterin poll reveals community want 5-letter .eth domain name for $100
Crypto community members argued that a fee less than $100 would ensure inclusivity for all.
