New DeFi yield farming platforms have been coming thick and fast over the past month or so with new opportunities popping up almost every day. The latest offering garnering attention is Pickle Finance which aims to help mitigate the relative instability in stablecoins. The majority of DeFi doppelgangers do mostly the same thing with a few slight variations. Essentially, offering a worthless governance token as an incentive to lure liquidity providers. In some cases, the token performs well for some time, while others dump just as quickly as they pump.
With the rise of the decentralized web came a rise in Ethereum traffic. September 1, 2020, broke a new record with the average transaction cost topping $13. Reports of long wait times and astronomical Uniswap fees are pushing the crypto community to its breaking point. Ether fees jumped to an all time high on September 1 | Source: Y-Charts Cheaper to Hire Fedex Than Use ETH Saving on gas left some users waiting 12 hours or more for their transactions to go through. In the fast-paced world of Uniswap and
In the following article, “Digix” refers to the project in general, “Digix Global” refers to the team behind Digix, and “DigixDAO” refers to the DAO structure governed by DGD token holders. “Treasury” refers to the DAO’s spendable Ether that was raised in the ICO. In January, the Digix community (DGD token holders) were given a chance to vote for the project’s dissolution and will walk away with the project’s Treasury proceeds. Parties who took risk on DGD and closely followed the vote technicals were able to attain as much as