Author: CryptoPress
Aave v3 Adds sDAI Pool
Aave v3, the leading decentralized lending protocol, has announced the launch of a new pool for sDAI, a token that represents DAI stablecoins deposited in MakerDAO’s DAI Savings Rate (DSR) module. The pool allows users to use sDAI as collateral and earn interest on their deposits. Aave’s Marc Zeller noted that sDAI’s yields enable delta-neutral lending on the protocol.
MakerDAO Boosts and Cuts DSR Yields
The...
Antonio Juliano: The US is not worth it
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Antonio Juliano, the founder and CEO of dYdX, a decentralized exchange for derivatives, has recently expressed his frustration with US crypto regulation and suggested that the industry should focus on other markets instead.
In a series of tweets, Juliano argued that the US is “not worth it” for crypto businesses due to the lack of clarity and innovation in its regulatory framework. He said that the US is “lagging behind” other countries...
What is Layer 2?
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What are Layer 2 solutions, and how do they work?
Blockchains are a powerful technology, but they have some limitations. One of the biggest limitations is scalability. Blockchains can only process a limited number of transactions per second, which can make them slow and expensive to use.
Layer 2 solutions are a way to address the scalability limitations of blockchains. Layer 2 solutions are built on top of the underlying blockchain, but...
Telegram Bots for DEX Trading: Benefits and Risks
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Telegram bots are applications that use the messaging app as an interface to execute trades on decentralized exchanges (DEXs) like Uniswap.
They offer advantages such as speed, convenience, and access to new strategies like sniping, limit orders, and copy trading.
They also pose risks such as exposing private keys, losing funds to scams, and facing regulatory uncertainty.
Users should be careful and do their own research before...
DeFi, DEX, Front page, Main, Trading
dYdX Takes a Stand Against MEV Ahead of Appchain Migration
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dYdX, the leading decentralized perpetuals exchange, is taking a stand against Maximal Extractable Value (MEV) ahead of its migration to a Cosmos-based appchain.
The dYdX Foundation published a list of preferred practices for dYdX Chain validators and stakers.
The manifesto warns that validators engaging in malicious MEV will face punishment.
The foundation added that delegates could also face repercussions should they support...
DEX, Ethereum, Front page, Main, News





