DAO

What is OIN Finance? A DeFi Guide to $OIN

The emergence of several decentralized finance (DeFi) projects has taken up most of the transaction capacity of the Ethereum network. As a result, the blockchain has too much traffic and gas costs are substantially increasing, making it hard for users to transact on it. This congestion problem has made a negative impact on the broader DeFi space and is curtailing adoption. In order to get around this concern, OIN Finance tapped on to the Ontology network, making it the first DeFi protocol built on the Ontology chain. Ever since they

Linear Finance $LINA: A Delta-One Asset Protocol

The decentralized finance (DeFi) landscape continues to see the entrance of new services to help support and maintain a high growth rate. The latest addition to this space is Linear Finance. From a distance, this project makes it easy to transition from traditional finance to DeFi-powered platforms. With the birth of these new platforms, the major hindrance to their uptake has been smoothly convincing those accustomed to traditional finance that the other side actually looks greener. Table of Contents Background Drey Ng The project is led by Drey Ng and

YFValue Protocol: What is $YFV?

A brief report on the YFValue protocol, its background/history, value and mission, audit status, yield farming pools, and the YFV token. Yield farming and liquidity mining projects have been the new DeFi craze lately, especially aggregators. The popularity of yield farming aggregators arises from the fact that they automatically switch users’ funds among the best sources of generating income. The first project to kickstart this chain reaction was yearn.finance (YFI).  YFValue Protocol is a fork of yearn.finance. It was born out of the idea that the DeFi playing field wasn’t

SushiSwap GM says ‘Talk doesn’t mean anything and code shows everything’

SushiSwap, a fork of the popular Uniswap exchange and one of the latest breakouts of the DeFi craze, has undergone its fair share of scrutiny in recent days — and fairly so. The platform's token, known as Sushi, quickly came to represent 77% of the action on Uniswap as of Sept. 1, garnering more than $1.5 billion in locked value less than a week from its inception. Many have voiced suspicions regarding certain aspects of the project, however, including concerns over a $27 million developer fund controlled solely by the project's head

Yield farming satire MEME turns into multi-million dollar crypto project

Degenerator, or MEME, an obscure project that began life as an airdrop to Telegram users, has managed to garner a $3 million market cap and is seeking to carve a niche for itself as a non-fungible token (NFT) farming protocol.MEME emerged from a joke posted by ConsenSys’ DeFi product lead Jordan Lyall, who created a joke advertisement ‘The Degenerator’ — a fictitious tool for creating ponzinomics-inspired yield farming tokens.The joke quickly struck a chord with the crypto community, receiving significant engagement on Twitter. However, within hours of Lyall publishing the

What is YFII? A Guide to the Decentralized Mining Pool

YFII is a DeFi protocol that facilitates yield aggregation and uses a token halving model to ensure equitable distribution of tokens. It is a fork of YFI. Decentralized lending is the driving force behind decentralized finance (DeFi) projects. Those who provide liquidity to these projects earn interest through yield farming or liquidity mining. Some DeFi networks have their own token that increases rewards to yield farmers. Others like YFII have been forked from other protocols to prevent a reduction in pool liquidity through a scheduled halving model. In the Chinese

DigixDAO: Divorce Story

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