Bancor, the first decentralized finance protocol to introduce liquidity pools, has come out with a new liquidity solution with the launch of its v3, called Bancor 3. Bancor 3 went live with a promise to offer protection against impermanent loss to liquidity providers. The new architectural changes promise to bring sustainable on-chain liquidity and make decentralized finance (DeFi) staking simpler for decentralized autonomous organizations (DAOs). The v3 project has attracted more than 30 projects and tokens — including Polygon’s MATIC, Synthetix Network Token (SNX), Yearn.finance’s YFI, Brave’s Basic Attention Token (BAT), Flexa’s AMP and Enjin Coin (ENJ) — and several …

Decentralized exchange (DEX) protocols have become a key part of the decentralized finance (DeFi) ecosystem where liquidity and liquidity providers play a pivotal role in keeping the vastly growing space moving. While DEX protocols have seen billions in daily trading volume, the liquidity market is making a gradual shift from traditional liquidity methods toward concentrated liquidity. Earlier liquidity was distributed uniformly along the price curve between zero and infinity while in the new system liquidity is allocated within a custom price range. For example, In the case of a stablecoin/stablecoin pair, a liquidity provider (LP) can decide to allocate capital …

Popular decentralized exchange (DEX) Uniswap has announced the formation of Uniswap Labs Ventures (ULV), a venture capital fund focused on investing in Web3 companies and projects. The firm will invest at any stage of development into various projects or technologies related to Web3, infrastructure, developer tools, and consumer-facing applications as areas of interest according to the announcement on Monday, April 11. The firm has already invested in 11 companies and Web3 protocols, including decentralized money market Aave, the decentralized autonomous organization (DAO) behind the DAI stablecoin, MakerDAO, and blockchain bridging protocol LayerZero. In the announcement, Uniswap expressed what it looked …

A new community proposal was introduced in the Uniswap governance forum to deploy the protocol on the Celo blockchain, which is a mobile-first, carbon-negative and Ethereum Virtual Machine-compatible network. The new proposal was created on behalf of Blockchain at Michigan, and in partnership with the Celo Foundation and the Celo Climate Collective. Once passed, Uniswap will be accessible to nearly six billion mobile phone users. Currently, MetaMask mobile app enables using Uniswap or other decentralized exchanges via an in-app browser. The Celo foundation will commit $10 million of CELO in Uniswap-specific user incentives and grants along with $10 million in …

The crypto community has emerged as one of the leading aid providers for Ukrainians, as crypto donations surged over $50 million. This week, many in the decentralized finance, or DeFi, community have come forward to donate and make it simpler for other people to donate to Ukraine. LUNA continued its price dominance with another double-digit surge over the past week and also flipped Ether to become the most staked altcoin. 1Inch launched a new secure peer-to-peer, or P2P, swap that the firm claimed could open the gates to several new use cases. Uniswap builds an interface to swap altcoins into …

On Tuesday, decentralized exchange, or DEX, Uniswap launched an interface that directly converts ERC-20 tokens, such as Aave, Chainlink (LINK), and Decentraland, to Ether (ETH). These coins are then sent to the official crypto wallet addresses of the Ukrainian government, all in a single transaction. In explaining the rollout, Uniswap claimed that the address shared by the Ukrainian government is located on a centralized exchange and only accepts ETH and Tether (USDT). Thus, the feature simplifies the donation process for anyone holding ERC-20 tokens on Uniswap's list and who wishes to donate by connecting their wallet to the DEX. 2/ …

Whenever Bitcoin (BTC) fails to break through important resistance levels, traders gain confidence and add to their altcoin positions. The logic is that, unless BTC drops significatively, these movements historically provide decent rewards for those shifting their portfolios toward higher risk. In the past seven days, the aggregate market capitalization performance of the cryptocurrency market showed a modest 3% increase to $1.78 trillion. This number is roughly in line with the performance seen from Bitcoin, Ether (ETH), and Binance Coin (BNB). However, comparing the winners and losers among the top-80 coins provides skewed results. For instance, while the gainers captured …

The cryptocurrency ecosystem has seen a tremendous amount of growth over the past couple of years, as the introduction of decentralized finance (DeFi) and the popularity of nonfungible tokens (NFT) have led to an explosion of projects on more than a dozen blockchain networks. The rapidly growing ecosystem means investors have to keep track of multiple wallet addresses, making portfolio trackers a popular option for traders needing to manage a diverse multichain portfolio. Here are three portfolio-tracking decentralized applications, or DApps, crypto traders can use to help monitor their investments. Zapper Zapper supports the basic management of cryptocurrencies held on …

When analyzing Ether's (ETH) price chart, one could conclude that the 3-month long bearish trend has been broken for a few reasons. The current $3,100 price range represents a 43% recovery in 15 days and, more importantly, the descending channel resistance was ruptured on Feb. 7. Should Ether bulls start celebrating and calling for $4,000 and higher? That largely depends on how retail traders are positioned, along with the Ethereum network's on-chain metrics. For instance, is the $30-plus transaction fee impacting the use of decentralized applications (dApps), or are there any other factors that will prohibit Ether's price growth? Since …

In a Tweet posted by user @cryptotutor Friday, a screenshot appears to show a 27% spread between stablecoin Magic Internet Money (MIM) and USD Coin (USDC) trading pair on decentralized exchange, or DEX, Uniswap (UNI). Both have a theoretical peg of 1:1 against the U.S. Dollar. "Magic Internet Money," joked cryptotutor, as he attempted to swap approximately $1 million in MIM but received a quote for only 728.6k USDC. Others quickly took to social media to complain as well. In another screenshot, user @DeFiDownsin allegedly received a quote to swap $984k worth of MIM for just 4,173 in USDT on …

On Sunday, Hayden Adams, CEO and founder of popular decentralized exchange, or DEX, Uniswap (UNI), claimed that his JP Morgan Chase bank accounts were shut down with no explanation. In addition, Adams stated that the incident was personal in nature as he knew "many individuals and companies who have been similarly targeted simply for working in the crypto industry." This week @jpmorgan @Chase closed my bank accounts with no notice or explanation ‍ I know many individuals and companies who have been similarly targeted simply for working in the crypto industry Thanks for making it a personal — hayden.eth (@haydenzadams) …

The total combined value of treasuries, or assets under management (AUM) for the use of decentralized autonomous organizations, increased by around 40 times between January and September of 2021. According to data from DAO stats platform DeepDAO, the total AUM for DAO treasuries listed on the platform increased from around $380 million in January to a peak of roughly $16 billion in mid-September. Looking ahead at 2022: ✍️How far and how deep will DAOs go into the mainstream, and into which use cases? ✍️(When) will DAO treasuries exceed $100B? Lots of interesting questions, but together we can BUIDL this! pic.twitter.com/JDEC9JBuHC …