Uniswap’s first governance proposal has ended in defeat, with votes in favor falling a whisker short of the required threshold.
The vast majority of DeFi projects still have the ability to enter ‘God Mode’ and unilaterally make changes to pretty much everything.
Ethereum’s correction triggered a DeFi-token collapse which resulted in YFI and UNI dropping by 46%.
XSwap, a main products of Xfinance ecosystem, has launched Uniswap LP token liquidity mining. This is a fair version, 100% distributed to the community, with No team shares, No Pre-mine. Governed by the Xfinance community. In just a few hours, the funds in the pool are above to 5000ETH. The highest APY reaches 70,000%! XSwap […]
The post XSwap Started Yield Farming, The Highest APY Reaches 70,000% appeared first on Bitcoin News.
Bitcoin price still faces resistance at $11K as traders turn their attention to DeFi-tokens like Uniswap (UNI).
UniSwap’s UNI governance token soared to $8.60 before correcting sharply but top traders expect the price to rise higher.
Following Uniswap’s UNI token launch, Ethereum transaction fees spiked to almost $1 million an hour.
Despite predictions Uniswap’s airdropped token would be dumped in the gutter, UNI has garnered a $217 million market cap.
Lured by the sirens’ call, traders are wrapping their Bitcoin at record levels in order to yield farm and trade DeFi tokens.
,The total-value locked (TVL) in decentralized finance (defi) economy has recaptured much of the value lost during the Sushiswap fiasco last week. At the time, the defi TVL tumbled down to $6.8 billion from the $9.6 billion high on September 8, suffering a loss of close to -29%. Since then, however, the rise northbound has […]
The post Defi Economy Rebounds: Total-Value Locked Jumps 28% Capturing Close to $9B appeared first on Bitcoin News.