Airdrop Phase 1

This week, the market is dominated by small fluctuations after the falls; BTC's market share this week hit a new high since April 21...

Luke is the Head of Product at Cobo Argus and a DeFi enthusiast. From the perspective of miners participating in DeFi mining, this article discusses how to reasonably use Cobo Argus to deal with the Curve crisis. The DeFi world has been in crisis for the past two days due to the latest attack on Curve. Since the attack on July 30, the price of CRV plummeted from 0.74 USDT to below 0.5 USDT. It rebounded slightly today and is currently stable above 0.6 USDT. Although it has been found that the attack was caused by a bug in the old version of the Ethereum programming language Vyper, the crisis facing Curve has not been eliminated. Since the founder of Curve will hold a large amount of CRV for mortgage loans on the chain, once the price falls further...

Author: Axia8 Ventures Source: medium Compilation: Jinse Finance, Shan Ouba On June 21, 2023, MakerDAO purchased another 700 million U.S. dollars in national debt, and its current holdings of U.S. national debt have exceeded 1.2 billion U.S. dollars. For a long time, the market capitalization of RWA was very small. Until October 2022, MakerDAO purchased US$500 million in treasury bonds, which officially opened the prelude to the rapid growth of the RWA market. At present, among MakerDAO's assets, RWA has surpassed stablecoins to become the largest asset category, with a scale of 1.929 billion, accounting for 41.2%. RWA can not only accelerate the growth of TVL, but also increase MakerDAO’s protocol revenue. The latest data shows that RWA contributed more than 52% of MakerDAO's revenue. At the same time, another Defi giant C...

Solv Protocol: Exploring the staking abstraction layer and liquidity mechanism within the BTCFi ecosystem Introduction Solv Protocol was established in 2020, aiming to lower the barriers to creating and using on-chain financial instruments, bringing a diverse range of asset classes and yield opportunities to the crypto space. The project focuses on minting and trading NFTs related to financial ownership certificates. In 2024, with the development of the BTCFi sector, Solv Protocol shifted its focus to BTCFi, creating a full-chain yield Bitcoin asset, SolvBTC, to provide new opportunities for Bitcoin holders while creating an efficient BTCFi ecosystem. Recently, Solv

Decentralized Finance Industry Biweekly Report: Bitcoin Breaks $90,000 to Set a New High 1. Observations on the DeFi Industry 1. The new U.S. president expresses support for cryptocurrencies. The newly elected U.S. president clearly supported cryptocurrency policies during the campaign, allowing donations using Bitcoin and others, and publicly opposed the previous administration's anti-crypto policies. He plans to strengthen support for Bitcoin and the crypto industry after taking office to ensure that the U.S. becomes a leading country in crypto and Bitcoin, and announced that he will maintain a national-level Bitcoin reserve. The new president himself also holds $6.25 million worth of crypto assets, demonstrating his emphasis on the crypto market. 2. Bitcoin breaks through $90,000 to set a new historical high This week, Bitcoin performed strongly, briefly breaking through $90,000, setting a new historical high, and surpassing Meta to become the world's ninth largest asset by market capitalization. Analysts believe that the recent strong rebound of Bitcoin reflects the market.