A Single XRP Ledger Proposal Just Put The Entire DeFi World On Notice — Here’...
A new amendment proposal submitted to the XRP Ledger Foundation’s repository on May 26 would fundamentally redesign how liquidity pools function on the XRP Ledger — introducing multiple curve types, concentrated liquidity, and a future fully programmable AMM architecture that mirrors the most advanced decentralized exchange infrastructure currently operating on Ethereum. Related Reading: Bitcoin Institutional […]
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Ripple developers Aanchal Malhotra and Vito Tumas have introduced a ground-breaking proposal for a native lending protocol on the XRP Ledger (XRPL). If passed, this proposal is expected to expand the network’s decentralized finance (DeFi) capabilities and increase XRP’s utility. What The Lending Protocol On XRP Ledger Is About Ripple’s development arm, RippleX, elaborated in […]
The Uniswap community is debating against a new proposal that favors Flipside Crypto to the tune of $25 million in funding. The funding is for two years, but the arguments against it are numerous. Many DeFi protocols such as Uniswap provide governance tokens for people to participate in core decisions on their network. The recent proposal also passed through the votes of the community. Although, before the vote for the proposal could be concluded, Dune Analytics raised the alarm against it. The Flipside Proposal The proposal states that holders of UNI will get funds from the project’s....
On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi).
Terra Research Proposes to Expand Terrausd’s Reach Across 5 Protocols
At the time of writing, Terra’s terrausd (UST) stablecoin is the fourth-largest U.S. dollar-pegged token among all the....
As far as open-source protocols go, one area in which Bitcoin is unique is the sheer difficulty of making any changes to the protocol. Unlike most other protocols, where features can be added, modified or deprecated at a moment's notice, in the world of Bitcoin even the slightest change requires the simultaneous cooperation of the vast majority of the entire Bitcoin network. The reason for this is simple: in Bitcoin, and in Bitcoin alone, absolute consensus is required. On internet protocols like HTML and CSS, if a web browser interprets some style elements incorrectly, the worst that can....
The crypto industry was shocked to hear that the U.S. Commodities and Futures Commission (CFTC) formally charged the three co-founders of BitMEX today. This sent shockwaves throughout the entire market, while also particularly impacting the tokens within the DeFi sector. Many smaller tokens saw massive 10%+ drops on the news, which came about as investors […]