Finance Redefined: DeFi’s downturn deepens, but protocols with revenue could ...
The majority of the top 100 DeFi tokens traded in green, with many registering double-digit gains over the past week. Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights — a newsletter crafted to bring you some of the major developments over the last week.This past week, the DeFi ecosystem saw several new developments related to the DeFi lending crisis as Celsius filed for bankruptcy. At a time when bears are more dominant in the current market, DeFi protocols with a revenue system can thrive.Lido Finance has announced plans to offer its Ether (ETH)....
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It’s too early to know if DeFi is “dead,” but platforms that share revenue with liquidity providers and token holders could be the ones that survive the bear market. At the moment, liquidity is hard to come by, but crypto traders and protocols still need inflow and revenue to remain functional.As the crypto winter drags on, savvy crypto investors have realized that one of the reliable sources of passive income that still exists can be found on protocols that generate revenue and share some of it with their respective communities. Platforms that earn real yield through useage fees are the....
Layer-two's surge to new heights, Bitcoin and DeFi EFT applications and Sushi's mistaken bug — all coming to you this week in Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter.In a week where DeFi’s parabolic growth continued, elsewhere, the United States Securities and Exchange Commission Chair Gary Gensler threatened to tackle stablecoins.What you’re about to read is the smaller version of this newsletter. For the full breakdown of DeFi’s developments over the last week — released a whole lot quicker than Cardano’s smart....
Bitcoin DeFi, Bitcoin on Ethereum: We explore the ways DeFi and Bitcoin intersect. Finance Redefined is Cointelegraph's DeFi-centric newsletter, delivered to subscribers every Wednesday.Today the crypto world is celebrating Bitcoin’s new all-time high. We did it guys! We’re back to $20,000 after three grueling years.So for this reason, this will be a bit of a Bitcoin-themed newsletter. How is Bitcoin related to DeFi, you ask? Well, for one thing, DeFi’s total value locked has a delta of about 0.2 to Bitcoin’s price. This means that for each 1% that BTC price goes higher or lower, DeFi TVL....
Lobsters support DeFi’s endeavours amid regulatory clampdowns — all that and more, only in Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter.In a week where the crypto market bears returned for blood, DeFi enlisted an army of lobsters to fight its feuds.While we ponder a feasible battleground for that mammalian–invertebrate combat, feel free to scroll on and read the top choices for the week’s most impactful stories. What you’re about to read is a shorter, more succinct version of the newsletter. For a comprehensive summary of....
DeFi’s top three lending protocols have reached record levels of collateral lockup above $20B. There has been no slowdown in the amount of collateral pouring into the leading decentralized finance protocols this year.DeFi’s leading three lending protocols have amassed approximately $20 billion according to Dune Analytics. A Messari research report into valuing these platforms suggests they’re on track to generate in excess of half a billion in interest annually. Maker, Compound Finance, and Aave have all seen record levels of lending deposits as crypto yield farmers seek exponentially....