Good observation, the Curve community has been sort of split in letting other communities have voting power.
One Coin to Rule Them All ... but, which one? 🤔
Thanks for the tip, would be great if they do it. Launching governance tokens is a great way to give any project a boost. Aave definitely proved it.
I think for any DeFi account, withdrawals are a valid function. For example, you may want to spend the outside of the credit card payment system. This is considered a withdrawal in these account systems. What we normally would call a transfer when using Ethereum directly like with MetaMask.
There is a DIA space on snapshot.page with very few proposals. Seems rather new. They're not using the improvement proposals (IPs) convention found elsewhere in DeFi governance, though. I am not therefore sure this is an officially-sanctioned space or not.
From what I see from the dForce Whitepaper seems they forgot to include a maximum supply, or emissions logic or guidelines. Perhaps this information is elsewhere.
Well, it wouldn't be the first time there's a Chinese version of another blockchain project – take a look at NEO . However, it does seem like even though it may be easier to succeed in China by presenting a project as a Chinese-centric venture, it is harder to succeed in the long-term with the same approach. After all, the world is bigger than China.
I am not big into charts but from the fundamentals, it looks also like they could have touched their bottom. The percentage of locked has reached the magical "one-third". Since a lot of "yield-generators" are mining and dumping , this is a good bull sign.
Yes, the liquidity mining is still ongoing and will go on for quite some time, so the value of is very much at play
What started as PlutusDeFi has now materialized as ADD.xyz! Nice rebranding and re-launch in search of product-market fit.
I think this is what brought the decay on the
sCRV pool in Curve
. Expensive gas, which probably impacted the perception of usability of as well.
Lots of projects moving to Solana. Seems SBF has a hand in every part of DeFi. He's in a lot of multisigs of Ethereum DeFi projects, weird for a guy who has a CEX and sponsors a competitor blockchain network.
Well, it looks like they might not be with TRON for much longer. There is a pinned post on their Twitter and it looks like they are pretty pissed about performance issues in TRON.
I am looking for the tastiest tokens to farm in peace. The value proposition here is both ambitious and doable. The marketing is impressive. However, I found this in the DeFi section so I was hoping it had some way for me to earn the token by providing liquidity. It seems like a project that could use a lot more liquidity. Does anyone know if they are planning to do a liquidity mining program? Even if it were a-la- where it is not really needed, it would definitely boost their presence in the Crypto space.
Don't get me wrong, I love your waifu-heavy marketing.
They have a little more information on Reddit but I also didn't really see an answer to your question. Would be great if they could host an AMA and then we can keep the answers for posterity.
It is well-understood (although probably not well-known), that a lot of money used in liquidity mining throughout DeFi is actually leveraged or coming from borrowed funds. A lot of those funds are coming from Compound, where there is a risk of liquidation if the collateral suddenly drops. If an asset like $BTC is used disproportionally as collateral in DeFi, then the next time that the price crashes could cause a chain of sell-offs in DeFi. The riskier the DeFi project, the more likely liquidations are.
Maybe. Yet, Balancer has plenty of users, farmers, and products built on top of it. I am sure the community would have supported their fundraising. Of course, the VCs likely bought at below-market prices.