Tagged: defi lending

NFT Owners May Raise Capital by Putting Up Their Non-Fungible Tokens as Collateral with Drops

The art and collectible markets are considerably more “liquidity-starved” when compared to the global equity, gold markets, and other assets. And this problem is even more prevalent in the NFT market, which is its early stages of development. It might take a long time to… Read More

DeFi Platform MANTRA DAO Launches Validator Node for Cosmos Ecosystem, Users May Earn KAVA and HARD Tokens

MANTRA DAO (distributed autonomous organization), a community-governed decentralized finance (DeFi) platform that aims to make staking, lending, and governance more accessible to traders and investors, has launched its first (transaction) validator in the Cosmos ecosystem. MANTRA DAO’s new validator node will allow users to earn… Read More

Lex Sokolin from ConsenSys looks into What Happened when DeFi Protocol Compound’s Balance Sheet Increased by Over $500 Million

Lex Sokolin, the Global Fintech Co-Head and CMO at ConsenSys, a leading Ethereum (ETH) development studio, recently noted that COMP tokens, which belong to major DeFi lending solution Compound, ballooned over 200%. As reported, decentralized finance protocol Compound saw a dramatic increase in lending dctivity… Read More

Decentralized Finance Protocol Compound Sees Dramatic Increase in Lending Activity due to COMP Token “Farming”

A new type of user reward scheme to distribute the Compound governance tokens (COMP) has led to a significant increase in the amount of value locked into the leading decentralized finance (DeFi) protocol. Traders using Compound are now “farming” COMP tokens. Notably, the total value… Read More

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