Liquity Protocol attracts $1B TVL in just 10 days
The “interest-free loans” decentralized lending protocol now has $1 billion worth of locked-up value after it launched on April 5. The team behind Liquity Protocol — a DeFi project launched on April 5 — has attracted $1 billion worth of locked up value according to data from Dune Analytics. From $0 to $1B TVL in 10 days Here's some charts highlighting Liquity's growth so far: pic.twitter.com/qpSzRp0gZs— Liquity (@LiquityProtocol) April 15, 2021 The Pantera Capital-backed Liquity is a Swiss-based decentralized and governance-free lending protocol that offers interest-free....
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The Swiss firm will conduct all interactions with the Liquity smart contract on its clients' behalf but only a select few with over $500,000 on the platform will have access to the product. Bitcoin Suisse has begun offering decentralized finance (DeFi) services to its clients with the addition of the Liquity protocol to its product lineup. It allows customers to post Ethereum (ETH) collateral in the protocol to mint and borrow the Liquity Dollar (LUSD) stablecoin.In an announcement on April 20, Bitcoin Suisse said it will perform all smart contract interactions and system monitoring on its....
Liquity Protocol, which provides interest-free borrowing on the Ethereum network, plans to expand its ecosystem and hire more resources following the latest funding round. DeFi lending platform Liquity Protocol has secured $6 million in Series A funding to expand its on-chain borrowing services, underscoring the continued growth of cryptocurrency loans. The funding round was led by Pantera Capital, a crypto-focused venture capital firm, with additional contributions from Nima Capital, Alameda Research, Greenfield.one and IOSG, the company announced Monday. Angel investors including Meltem....
Cross-chain protocol Stargate Finance has generated over $1.9 billion TVL in just six days following an Alameda Research buying spree. Stargate Finance, a cross-chain protocol designed to assist users in transferring assets between different blockchains, has accrued over $1.9 billion in total value locked (TVL) in less than a week after launching.Stargate markets itself as a liquidity transport protocol that allows users to transact native assets cross-chain, offering decentralized finance (DeFi) users the option of staking stablecoins in pools where they are paid out in the native....
Too many people are still not aware of what Bitcoin is. Other than being a great source for cryptocurrency news, CCN also tries to educate people. It's important that the world learns about Bitcoin and its strengths and weaknesses. Many Bitcoin enthusiasts share this view. Proof of that is a presentation given by Tyler and Cameron Winklevoss on September 17, 2013 in New York City. The presentation was given at the Value Investor's Congress. The Winklevoss twins knew what kind of crowd they were facing. The Powerful Implications of the Bitcoin Protocol. "The congress attracts some of the....
Unicly’s decentralized and permissionless protocol empowers the community to fractionalize, combine, and trade non-fungible token collections through sharding, improving overall NFT accessibility and fungibility through its novel design. Accompanying Unicswap DEX Attracts Millions In Liquidity Non-fungible tokens have become all the rage as platforms onboard high-profile artists, entertainers, and evangelists seeking a new way to […]