Binance Chain is getting its own DeFi yield farms after EthereumBTC $10,709 (3.6%) • ETH $377 (-5.3%) • XRP $0.24 (2.2%)
For the past few months, decentralized finance (DeFi) has blown up. Coins pertaining to the space have rallied exponentially while the value of cryptocurrency locked in DeFi contracts has similarly skyrocketed. The thing is, most of this growth has been relegated to Ethereum — and Ethereum only. Other blockchains lacked the developers, users, and capital to go after DeFi, which is an industry inherently based on network effects. But this is rapidly changing with the launch of Binance’s Smart Chain, which will enable Binance Coin and the Binance ecosystem to have its own DeFi bubble 📈 Trending … DeFi Tokens • Oracle Tokens • Biggest Gainers • Stablecoins More news ⏬Coinbase CEO blasts Apple’s “restrictive” policies towards crypto and DeFi
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Earlier this year, there were some that weren’t too sure the Ethereum 2 upgrade — also known as ETH2 — would go live in 2020. There’s a potential competitor to Ethereum’s Yearn.finance (YFI): DeFi analyst
For months, the term “yield farming” has been a prominent meme in the crypto space, with users of Ethereum’s decentralized finance ecosystem using it incessantly to describe their search for ever-higher yields. What the heck is Cream and why is the Ethereum coin up over 2,000% from its August lows?
Most decentralized finance forks are either controversial or have failed. Ethereum-based DeFi tokens average a 50% loss in September; Here are the winners and losers
The Ethereum-based DeFi sector took a major hit throughout the past couple of weeks, with Bitcoin and Ethereum’s recent price decline creating shockwaves that have had grave impacts on smaller altcoins. 🗞 Got a story tip? Email tips@cryptoslate.com Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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Binance Chain is getting its own DeFi yield farms after Ethereum