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DeFinitely 85 - The News in DeFi

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DeFi Top Stories


  • Glow & Pylon, a partnership to supercharge the mainstream adoption of Terra yields This partnership will help launch more extensive mainstream DeFi products quickly, making it easier for users to access yield no matter where they are. At the same time, future highlighted features of our Glow SDK, such as crypto-to-crypto on-ramps, could also be integrated into Pylon products. “Platforms that integrate programmable DeFi yield allow for innovation around the ways in which traditional payments have been structured. Whereas Pylon provides the underlying infra for yield redirection, Glow will be a promising retail-focused suite of products that aim to attract mainstream adoption. Bringing DeFi Terra yields to the next billion users.

  • The Evolution of DAOs A small but growing number of protocols are doing something fundamentally different, by focusing on the intersection between DAOs, the so-called DAO 2 DAO (D2D) space. This change will be so significant that a new rating system is required for tracking DAOs through their liquidity evolution. Tokemak was so named because it is a reactor to power DeFi, both increasing liquidity and making liquidity cheaper for DAOs. The participants in the Tokemak game theory are two DAOs: DAO 1 and DAO 2, rather than two users. The goal of the Pool t1 is to replace the Pool 1 and Pool 2.

  • PLAYNITY — Bringing the Play-to-Earn Gaming Community to Terra How It WorksPlayNity is not only about providing starting capital, it operates as a DAO and brings players, investors, trainers and managers together. Players, Trainers and Managers are grouped in Clans and together with the Suppliers they form the community who proposes and votes on ideas in governance. Besides in-game earnings, the treasury will create earnings from transaction fees, sponsorships and from selling its own NFT’s. The buyback and burn mechanism through DAO earnings will make the token deflationary. The IDO will be solely on Terra, but PlayNity will also launch on BSC.

  • 🥧Inside the Bakery 28: Bridging eDOUGH and the TFC's First 100 Days It’s here, the long awaited eDOUGH to veDOUGH bridge is live! eDOUGH has been a hot topic ever since DOUGH staking went live. And after many in depth discussion you can finally stake DOUGH and start earning rewards😉. Impression MiningShare your PieDAO StoryHelp the PieDAO brand grow by producing engaging content on social media platforms! Thanks for reading!👏Join the PieDAO community today.

  • MONOX - REKT MonoX, which launched last month on Polygon and Ethereum, is a DEX based on Single Token Liquidity pools. Rather than the standard pool model of paired assets deposited by LPs, MonoX pools function by grouping a deposited token “into a virtual pair with our virtual cash stablecoin (vCASH)”. One of the benefits that MonoX claimed their virtual pool model brought was streamlined swap routing. The team provided a statement via the MonoX Announcements channel on Telegram, and later via Twitter. The function _updateTokenInfo was used to update token prices following swaps through MonoX pools.

  • Introducing: THORYield V2 ⚡️ What’s NEW in THORYield V2? THORYield V2 will be your Home to track everything on THORChain. Charts were a highly requested feature by the community so we’re happy to offer these simple, but powerful charts in THORYield V2. Wallet transaction history (Swaps, Adds, and Withdraws) is now easily accessible in THORYield V2 via an intuitive UI. THORNodes Overview$THOR Staking Rewards TrackerEasily track your $THOR Staking rewards from THORYield V2, now with Rewards Value (USD) and $THOR Price in the same UI.

  • Introducing Gringotts DAO: Do You Possess the Goblin’s Touch? The goblins at Gringotts DAO have decided to open their doors to a select few brave enough to explore the vaults below. Goblins are the backbone of Gringotts DAO providing services to our clients. As such, we have decided to open the doors to the main hall of Gringotts DAO. The next wave of goblins will not only help us execute on Season 0 objectives, but will own the future seasons of Gringotts DAO. Today, entrance into Gringotts DAO is permissioned and we will be opening the doors of the DAO to a select few.

https://twitter.com/monero/status/1465370782524231690

https://twitter.com/THORChadsDAO/status/1465366305968644096

https://twitter.com/genie_xyz/status/1465721545389752333

https://twitter.com/napgener/status/1466255608823357452

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