Ethereum Watch

Driven by decentralized finance (DeFi) activity, the pace of transactions on Ethereum (ETH) has reached new levels, in recent months. Advertisements This has thrust the network’s scalability issues back onto center stage. As such, the crypto industry is eagerly awaiting the launch of Ethereum 2.0 (Eth2) after the Medalla testnet, which has ostensibly been making […]

The hottest thing to emerge for Ethereum holders this week has been Yearn Finance’s yETH high-yield farming pool. It has survived its first tribulation as ETH prices dumped 14% on the day. Advertisements This week, Yearn Finance’s DeFi platform, which recently launched insurance incentives, unveiled two new high yielding vaults for Ethereum holders. One is […]

Key Takeaways Teller Finance is set to integrate Chainlink data feeds and offer undercollateralized crypto loans. Lending pool liquidity providers earn interest on the loans. Share this article DeFi lending project Teller Finance has announced its upcoming integration with Chainlink. The oracle provider will provide Teller with three cryptocurrency price feeds via its Price Reference […]

Key Takeaways Nearly 2,000 addresses have staked $205 million on the Polkadot-based Defi project, Stafi. Stafi lets users stake their PoS tokens and gives them “reciepts” of the tokens which they can then use elsewhere in crypto. Polkadot’s recent launch has ushered in a wave of new projects building off of the Ethereum network. Share […]

One of Ethereum’s most sought after upgrades is being discussed again as momentum for approval and implementation mounts. It could effectively change the fee market mechanism by burning a little ETH for every transaction made. Advertisements As Ethereum demand has grown over the past few months, propelled by the boom in DeFi applications and protocols, […]

Key Takeaways Ampleforth will launch its own versions of Uniswap, Compound, and other DeFi primitives AMPL has been forked numerous times over the past month, and this new infra can allow them to capitalize on the popularity of elastic money Ampleforth’s financial stack can become the base layer of elastic finance if countercyclical monies prove […]

Key Takeaways Ethereum transactions fees breached 200 gwei today per unit of gas today. DeFi protocols will lose a lot potential usage if non-power users cannot afford to use Ethereum. Between ETH 2.0 and layer two, the latter offers less negative trade-offs for the Ethereum ecosystem. Share this article Transactions fees on Ethereum crossed 200 […]

Key Takeaways Set Protocol is integrating DeFi’s most popular protocols to give fund managers more strategies to play with The latest upgrade will enable new strategies to be implemented on Set Protocol, but can also be used to refine existing strategies to improve returns If executed well, Set Protocol can become a platform for open […]

Key Takeaways The hack on Opyn’s Ethereum put options happened around 4:00 AM PT The team secured 572,165 USDC from its contract, but the hacker still got away with 371,260 USDC Opyn is decentralized, and the team cannot shut it down in the case of emergency Share this article Opyn, a protocol offering options for […]

Decentralized finance has been branded as one of Ethereum’s — and crypto’s — killer use cases over recent months. But from a dollar perspective, this market segment has not seen as much market penetration as its proponents would believe is “fair.” Advertisements Yet while DeFi continues to gain steam as other blockchains seemingly stall, Ethereum […]