Three US States Going After BlockFi In Regulatory Crackdown

New Jersey, Texas, and Alabama have individual state regulators issuing concerns that New Jersey-based DeFi firm, BlockFi, is offering unregistered securities.

Did Uniswap just yield to the 'evolving regulatory landscape'

Regulatory scrutiny is raining hard on DeFi as lawmakers slowly come to terms with the evolving space and its challenges.

KENZO Token Surpasses 400 Holders

July 22, 2021 – New York, New York World’s first Shiba meme deflationary token on the upcoming Shiba Kenzo yield farm retains low MCap, showing immense potential.

3AC-backed DeFi protocol Tranchess launched to track Bitcoin performance

Tranchess is live on the Binance SmartChain with a Bitcoin tracking token and yield farming options for investors. Three Arrows Capital CEO Su Zhu has announced the launch of decentralized finance (DeFi) protocol Tranchess.Tweeting on Thursday, Zhu described Tranchess as a “Tokenized Asset Management and Derivatives Trading” protocol.While the project aims to become a multi-chain and multi-asset DeFi protocol, with designs on becoming a decentralized autonomous organization, the first iteration of Tranchess focuses on Bitcoin (BTC).Tranchess 1.0 offers access to a BTC price performance tracker on a correlated basis.

KENZO Token Surpasses 400 Holders

Disclaimer: The text below is a press release that was not written by Cryptonews.com. World’s first Shiba meme deflationary token on the upcoming Shiba Kenzo yield farm retains low mcap, showing immense potential NEW YORK—July 22, 2021—Shiba Kenzo today announced that its Shiba Kenzo token (KENZO) has surpassed 400 holders.

Record network activity and a second NFT boom send WAX price higher

WAXP price appears to be gaining strength after the NFT-focused project introduced staking, yield farming and partnerships with companies that offer pop culture collectibles. Just a few days before Bitcoin (BTC) price plunged below $30,000, the NFT sector was dominating headlines for the second time in 2021, led by a month-long 972% surge in the price of Axie Infinity. Another NFT-focused protocol that has been gaining fundamental strength in recent months is Worldwide Asset eXchange, also known as WAX — a protocol that claims to “deliver the safest and most convenient way to create, buy, sell, and trade virtual items to anyone, anywhere in the world.” WAX/USDT 4-hour chart.

FLURRY Finance Raises $3M to Scale its DeFi Yield Aggregation Protocol

[PRESS RELEASE – Hong Kong, Hong Kong, 20th July 2021] Flurry Finance, the team behind FLURRY, a DeFi protocol offering yield aggregation, recently closed its latest investment round worth $3 million.

DeNations Hosts NFT Art Exhibition, Celebrating Genesis Block of the DeNations Art Chain

PRESS RELEASE. Defi and blockchain-powered Metaverse, DeNations launches NFT art minting platform, giving away free yield-bearing NFT art to NFT art collectors DeNations is a blockchain-powered metaverse platform based in Hong Kong that everyone can own nations, build cities/civilizations, and earn tokens.

DinoSwap Launching: How You Can Farm on Polygon For Attractive Yield

DinoSwap is launching this week, on July 17.

PrivacySwap: Multiple BSC-Based Yield Farming Opportunities

[Featured Content] It goes without a shred of doubt that the past year and a half have been outstanding for the field of decentralized finance (DeFi).

ETHA Lend to launch Mainnet on Polygon – Kickstarting sustainable DeFi Yield Optimization

ETHA Lend, an interoperable DeFi yield optimizer that provides optimal yields with a 700X ultra-fast discovery algorithm, has announced the launch on its Mainnet on July 15th, 2021. DeFi yields is The post ETHA Lend to launch Mainnet on Polygon – Kickstarting sustainable DeFi Yield Optimization appeared first on AMBCrypto.

How does this impact Ethereum's price in the next rally?

Why Ethereum's low gas fees has a two-fold scenario going forward No other blockchain network facilitated more transactions than Ethereum during the DeFi and Yield Farming craze.

Nexo Wraps Up Strategic Investment in Yield Inc, Signals Vocal Support for DeFi Ecosystem

July 12, 2021 – London, United Kingdom Nexo, the leading regulated institution for digital assets, has completed a strategic investment in Yield Inc, a company leading efforts to build the Yield Protocol – an Ethereum protocol that enables fixed-rate borrowing and lending by fostering the nascent DeFi bond market – as part of the company’s $10 million ‘Series […] The post Nexo Wraps Up Strategic Investment in Yield Inc, Signals Vocal Support for DeFi Ecosystem appeared first on The Daily Hodl.

Nexo Wraps Up Strategic Investment in Yield Inc, Signals Vocal Support for DeFi Ecosystem

[PRESS RELEASE – London, United Kingdom, 12th July 2021] Nexo, the leading regulated institution for digital assets, has completed a strategic investment in Yield Inc, a company leading efforts to build the Yield Protocol – an Ethereum protocol that enables fixed-rate borrowing and lending by fostering the nascent DeFi bond market – as part of […]

Bunicorn set to integrate Chainlink’s VRF to secure its NFT Collectibles’ Randomness for Yield Farmers

Bunicorn, an emerging AMM on Binance Smart Chain announces its readiness to integrate Chainlink’s Verifiable Random Function (VRF).

Crypto-inflation is old news, thanks to CaramelSwap

It is no wonder that so many decentralized yield farms are operating this year as cryptocurrency flies high.

Meet CaramelSwap - an Innovative Crypto Yield Farm

Disclaimer: The text below is a press release that was not written by Cryptonews.com. With crypto flying high this year, it’s no surprise that there are so many new decentralized yield farms.

Yield App Launches DeFi Bitcoin Fund, Gives Users up to 12% APY

PRESS RELEASE. ESTONIA — JULY 8, 2021 — YIELD App, the decentralized finance (DeFi) wealth management platform bridging traditional and digital finance, is pleased to announce the launch of its Bitcoin Fund, allowing users to earn high-interest returns on the world’s biggest cryptocurrency, Bitcoin (BTC).

Is ShibaSwap safe? DeFi Safety review gives it a score of just 3%

There are concerns over ShibaSwap's transparency and security. Despite the immediate success of dog-themed decentralized exchange ShibaSwap, there are warnings  the DEX’s liquidity providers are throwing capital into an opaque protocol of questionable security.Building on the popularity of their Dogecoin fork, Shiba Inu (SHIB), amid the Elon-Musk stoked dog-token trading frenzy, the coin’s developers launched their DEX with enticing yield incentives for liquidity providers on July 7.Within 24 hours of launching, the protocol had amassed a Total Value Locked (TVL) of more than $1 billion.On July 8, platform reviewer DeFi Safety published a report on ShibaSwap, scoring the protocol at just 3%, far below the 70% level the site considers a pass.

Polygon Opens Vault On MakerDAO, Commits $50 Million Worth Of Matic Tokens

Polygon has announced the integration of yield optimization vaults on the Maker Network.

Comparing DeFi Yield Farming and Cryptocurrency Staking to Online Gaming Rewards

With a new boom in cryptocurrencies and decentralized finance, investors and digital currency holders are seeing lots of opportunities to grow the value of their digital assets.

CertiK Has Completed PancakeHunny’s Audit

[PRESS RELEASE – Please Read Disclaimer] We are thrilled to announce that CertiK has completed PancakeHunny’s smart contract audit! PancakeHunny is building the first DeFi platform integrating traditional yield farming capabilities with gamification like Poker, Lottery, and NFT functionalities.

Public Mint Partners With Abra To Tap Additional Source of Yield for EARN Platform

July 1, 2021 – San Francisco, California Public Mint, the fiat-based blockchain and payments infrastructure, has partnered with Abra, a leading wealth management platform with functionality for buying, selling, trading and earning interest on cryptocurrencies, to offer lucrative yield opportunities on the EARN program.

Free TON DeFi Alliance announces 15M TON Yield Farming Program

Total Locked Value (TLV) of 10M was reached in the first 4 hours of the farming program.

Public Mint Partners with Abra to Tap Additional Source of Yield for EARN Platform

[PRESS RELEASE – San Francisco, California, 1st July 2021] Public Mint, the fiat-based blockchain and payments infrastructure, has partnered with Abra, Abra, a leading wealth management platform with functionality for buying, selling, trading and earning interest on cryptocurrencies, to offer lucrative yield opportunities on the EARN program.

Celsius users to receive yield from its $200M Bitcoin mining investment

“There’s nothing better than building a factory that makes Bitcoin,” said Celsius CEO, Alex Mashinsky. Alex Mashinsky, the CEO of centralized crypto money market Celsius, has revealed that a share of profits from the company's recent $200 million investment into Bitcoin mining infrastructure will be redistributed back to depositors.Speaking to Cointelegraph, Mashinsky stated the firm's mining expansion has added a fifth stream of yield generation for its crypto depositors — alongside lending funds to institutional investors, leveraging DeFi protocols, retail lending, and market making on centralized exchanges.In early June, Celsius announced it had invested more than $200 million into North American Bitcoin mining infrastructure and positions in Core Scientific, Rhodium Enterprises and Luxor Technologies.

Xcapit Integrates RIF Token on Its Investment Wallet

June 30, 2021 – Gibraltar, United Kingdom The Bitcoin ecosystem continues to grow as access is granted to RIF token holders, allowing them to gain access to a new investment wallet and get automatic yield.

Coinbase Launches High Yield USDC Accounts With 4% APY

Coinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to usd coin.

Coinbase will pay users 4% interest on USDC holdings

The announced yields represent the exchange increasing interest for USDC holders by more than 2,500% since it was lowered significantly last June. Major cryptocurrency exchange Coinbase has announced users will be able to earn 4% interest on USD Coin through a product the company compared to an alternative to a fiat savings account.In a Tuesday blog post, Coinbase said its users could earn 4% annual percentage yield, or APY, by lending out their holdings for the US dollar-pegged stablecoin USD Coin (USDC).

Coinbase Jumps into High-Yield Crypto Game with 4% Interest on USDC

Coinbase is joining the likes of BlockFi in offering high-interest savings rates that far outstrip traditional banks.

Free TON DeFi Alliance Announces 15M TON Yield Farming Program

PRESS RELEASE. The 15M TON Yield Farming program will take place on TON Swap (Free TON’s DEX powered by Broxus), except for the WTON-USDT pair which will be both hosted on Uniswap and TON Swap.

DeFi Yield Protocol (DYP) Continues to Expand Its Ecosystem

DeFi Yield Protocol has emerged as one of the fastest-growing crypto projects with an expanding ecosystem.

Polygon (MATIC) Announces Launch Of New Blockchain Project, ‘Avail’

The press releases are on fire today as Polygon has announcements firing out left and right.

Here's what you're missing out on with Algorand, CRV, Synthetix and Sushiswap?

In a bear market, as Bitcoin shorts are lining up, traders turn to other options like Yield Farming for earning a steady income from cryptocurrency.

Altcoin Roundup: Stablecoin pools could be the next frontier for DeFi

The days of 4,000% APY on DeFi liquidity pools could soon be replaced by safer, lower-yielding stablecoin-denominated pools. In times like these, when the entire cryptocurrency market is down and there is nary a sector-wide runup to be found, traders have to dig into data to see how the market dynamics may have changed to pinpoint signs of new growth. Stablecoins are the newest trend to emerge in the decentralized finance (DeFi) arena due to the resiliency they bring to the sector, especially since protocols that are more reliant on the dollar-pegged assets continue to offer token holders low-risk yield opportunities in turbulent market conditions.

How the Yield Farm Space is Changing

George Harrap is a veteran crypto entrepreneur currently serving as the co-founder of Step Finance, a Solana-focused portfolio management dashboard, and Head of DeFi at YAP Global, a PR agency specializing in crypto, blockchain, and fintech. ___ Yield farming on decentralized finance (DeFi) protocols is evolving quickly as it overcomes teething problems.

Sushiswap to deploy full suite of Sushi products on Harmony’s blockchain

“We believe this partnership with Sushi is just the beginning of bringing millions of people into decentralized finance,” said Harmony founder Stephen Tse. As the Harmony blockchain approaches the two-year anniversary of its mainnet launch, decentralized exchange SushiSwap will be deploying Sushi products related to rewards and yield farming. In a Thursday announcement from Sushi, the project said it would be partnering with Harmony to introduce liquidity mining rewards for Sushi, rewards for Kashi borrowing and lending, Sushi-specific hackathon challenges, and other products.

DeFi and NFT crossover project Aavegotchi releases ‘Gotchiverse’ litepaper

DeFi-powered NFTs are headed to the metaverse in a yield farming-meets-Pac Man mashup.

Yield Raises $10M to Expand Fixed Rate DeFi Lending on Ethereum

Yield is one of a growing number of startups looking to bring the equivalent of zero coupon bonds to the DeFi space.

Automated market makers are dead

With the right tokenomic models, the liquidity war raging between AMMs on underlying chains will move to a new battleground. Billions of dollars have flowed into decentralized exchange protocols based on the automated market maker (AMM) model, which bootstraps network effects by incentivizing liquidity with project tokens, thereby creating a self-contained ecosystem of traders and yield earners.This mechanism has allowed decentralized exchanges (DEXs) to compete for the first time with centralized counterparts, such as Coinbase, which can afford to use cash from their balance sheet to pay for user acquisition (e.g., through sign-up and referral bonuses).

Polywhale Finance founders accused of rug pull amid abrupt shut down

The founders of the DeFi yield farm have allegedly redeemed over $1 million worth of tokens as the Treasury wallet was drained Monday.

Yield Guild Games Raises $4 Million to Power Its Play-to-Earn Proposal

Yield Guild Games, an online gaming guild, has raised $4 million to power its play-to-earn proposal in a Series A funding round.

Yield Guild Games doubles down on play-to-earn model with $4M funding round

The Series A funding round was led by BITKRAFT Ventures, an esports-focused venture capital firm.

Bullish all the way? MicroStrategy doubles down on its Bitcoin bet

MicroStrategy’s latest bond offering seeks to deliver a yield of 6.25%–6.5% — significantly higher than an average junk bond yield of 4.01%.

AI-powered yield farming aggregator KingDeFi works across BSC and Solana

The world of DeFi can be exceedingly confusing, but this AI-powered yield farming aggregator is designed to help users make informed decisions. A DeFi platform says it offers the first artificial iThe post AI-powered yield farming aggregator KingDeFi works across BSC and Solana appeared first on AMBCrypto.

As Yearn.Finance’s yield vaults grow, ‘crop’ projects define boundaries

Alchemix and Yearn.Finance appear to be squaring off with Curve and PoolTogether, but for now there appear to be harmonious solutions.

How iTrust Finance Scales On-Chain Insurance

iTrust is the first of its kind, a Layer 2 yield aggregator for decentralized insurance.

Sygnum Adds Banking Services for DeFi Tokens Including Aave and Uniswap

The Swiss digital assets bank is launching institutional-grade custody and trading services for DeFi tokens, with yield-generating products to follow.

DeFi Yield Farming is Brilliant Says Legendary Investor Mark Cuban

American billionaire entrepreneur and television personality Mark Cuban has been extolling the virtues of decentralized finance (DeFi) and yield farming on his personal blog.

Increase yield earning opportunities with Bunicorn

Over the last year, the high-performance Binance Smart Chain has rapidly overtaken Ethereum as the leading platform for decentralized finance (DeFi) applications.

TIME Tokens and TimeWarp Staking Launch on Binance Smart Chain

PRESS RELEASE. The new initiative extends the Ethereum-based TimeWarp staking programme, which currently offers a yield of 224% APY.

How the Fed’s ETF-Buying Strategy Helps MicroStrategy

As of March, the Fed was one of the biggest investors in the SPDR Bloomberg Barclays High Yield Bond ETF, also known by its ticker: JNK.

Huobi Eco Chain’s TVL surges to $2.7b, but two DApps represent 86% of locked assets

The decentralized exchange Mdex and yield aggregator Filda represent roughly $2.4 billion of Heco’s $2.7 billion TVL combined. Despite Huobi Eco Chain attracting an impressive total value locked (TVL) since launching in December, just two DApps represent 86% of the blockchain’s TVL.According to crypto data aggregator, CryptoRank, approximately $1.98 billion or 73% of Heco's TVL is locked in the Mdex decentralized exchange.

MakiSwap Reaches $50m TVL on HECO Just Five Days After its Launch

[PRESS RELEASE – New York, United States, 3rd June 2021] Decentralized exchange and yield farming platform MakiSwap has reached $50 million in Total Value Locked (TVL) within three weeks of its launch on Huobi Eco Chain (HECO).

Celsius Crosses New Company-High In BTC Assets

Crypto yield-earning platform Celsius now holds over 100 bitcoin, according to a company press release issued today.

MakiSwap Reaches $50M TVL on HECO in Just Five Days After Its Launch

June 3, 2021 – New York, New York Decentralized exchange and yield farming platform MakiSwap has reached $50 million in total value locked (TVL) within three weeks of its launch on Huobi Eco Chain (HECO).

New DeFi ‘passport’ could enable under-collateralized crypto loans

Arcx has launched a new version of its “DeFi Passport,” Sapphire, promising the pseudonymous on-chain credit check will enable new decentralized finance products. Decentralized finance (DeFi) protocol Arcx has announced the launch of Sapphire v3, a DeFi passport allowing crypto users to pseudonymously build and verify their reputation on-chain.Announced June 2, the DeFi passport will score users on a scale between 0 and 1,000, with Arcx advancing that the passport “incentivizes reputation-building and curates on-chain identity into DeFi.”In the absence of a DeFi passport, Arcx asserts that “protocols are left to treat every user the same, occasionally giving preferential consideration to wallet size, institutional backing, or restrictive KYC.”Arcx expects its passport will be integrated onto many DeFi protocols, predicting Sapphire will allow projects to offer “low-collateral loans and high-yield farms” targeting users with high credit scores.

What you need to know about this new aspect of Sushiswap

Sushiswap's new yield farms have a bullish impact on SUSHI's price.

Thailand to target DeFi in latest regulatory clampdown

A new DeFi yield farming platform in Thailand has rattled regulators.

SEC Charges Five People Linked to 2017 BitConnect Lending Program

The US Security Exchange Commission (SEC) is filing charges against five individuals linked to the BitConnect high-yield investment program.

Pera Finance to Hold SEED SHO on DAO Maker

[Press Release – Istanbul Turkey, 30 May 2021] Pera Finance, the first trading and yield farming protocol has just announced that its Seed Strong Holder Offering (SHO) will take place on the 2nd of June, 2021.

Voyager Digital sees 16X increase in quarterly revenue, first operating profit

The Canadian trading and yield app recorded $60 million in revenue for Q1, 2021.

DeFi Yield Protocol (DYP) Launches Decentralized Tools Dashboard

Yield Farming protocol DYP has launched its long-awaited DYP Tools.

Planting the Seed with Yield Farmer Pro, @Vfat

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Today’s interview features @Vfat, a professional Yield Farmer who we have welcomed onto our Don-Key platform! The Don-Key platform distinguishes itself from competitors by creating a collaborative effort between yield farmers willing to share their

Pancake Bunny Exploit: $44 Million Stolen as BUNNY Token Crashed 99% in Seconds

BSC's largest yield aggregator, Pancake Bunny, was exploited.

Farm on PactSwap, Get 100M as Yield: PACT Launched on DEX Platforms

The text below is an advertorial article that was not written by Cryptonews.com journalists. On 20 May, the new decentralized exchange PactSwap rolled out farming features.

New Australian Islamic finance DeFi platform is ‘guided by Sharia’

Islamic finance is not always compatible with DeFi's focus on risk and yield.

Alpha Homora defies market slump, bolsters TVL and token price on v2 relaunch

The leveraged yield farming protocol looks to put multiple missteps in the past with a successful relaunch. After a rocky first quarter, decentralized finance (DeFi) platform Alpha Homora announced the relaunch of its v2 leveraged yield farming program today — and so far both traders and users are celebrating as both total value locked (TVL) and ALPHA token prices soar. The version 2 of the platform, which allows for leverage up to 7x on popular yield farming positions on protocols such as Sushi, Curve, and Balancer, notably had to shut down to new positions after a devastating hack in February.

Metaverse Introduces ‘Stickers’ – A New Generation of DeFi-Powered NFTs

The ‘Stickers’ crypto art zone mixes yield farming with NFTs to collect and earn rewards.

Orbs Integrates With Chainlink To Create Flash Loan-Proof Single-Sided Farming Protocol

May 13, 2021 – Tel Aviv, Israel Orbs, the project at the nexus of enterprise and DeFi, is integrating with tamper-proof Chainlink price feed oracles to secure its unique, single-sided exposure, yield-generation protocol, the Liquidity Nexus.

PrimeXBT Facilitates Passive Income With Covesting Yield Accounts

[Featured Content] The cryptocurrency market is known for its tremendous volatility.

Orbs Integrates with Chainlink to Create Flash Loan-Proof Farming Protocol

[PRESS RELEASE – Tel Aviv, Israel, 13th May 2021] Orbs, the project at the nexus of enterprise and DeFi, is integrating with tamper-proof Chainlink Price Feeds oracles to secure its unique single-sided exposure yield generation protocol, the Liquidity Nexus.

Digitex Announces Launch of Blockfarm Yield Farming: First Program Offers $50K ETH

[PRESS RELEASE – Please Read Disclaimer 13/05/2021, St.

Virtue Poker To Launch IDO on SuperStarter in Partnership With SuperFarm

May 12, 2021 – Ta’ Xbiex, Malta SuperFarm, an NFT platform specialized in supporting NFT and fungible token yield farming, has partnered with Virtue Poker, a ConsenSys-backed platform for playing provably fair poker on the blockchain that recently closed a $5 million funding round.

Public Mint Partners with KIRA to Enable Cross-Chain Liquid Staking

[Press Release – San Francisco, California, 10th May, 2021] Public Mint and KIRA have announced a strategic partnership that would see Public Mint’s native tokens integrated in KIRA’s cross-chain liquid staking platform, enabling holders of Public Mint’s USD+ and MINT tokens to benefit from cross-chain DeFi opportunities while continuing to receive yield through Public Mint.

ONI.exchange is Here, and They are Launching in Style!

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Cryptocurrency DeFi, own AMM, NFT, and Yield Farm ONI.exchange, shared some insights about their current progress and plans ahead.

How Hackers Looted 2600 ETH In Rari Capital Cross-Chain Exploit

Ethereum (ETH) based yield aggregator Rari Capital was attacked this weekend by a group of bad actors.

Zookeeper Launches NTF Marketplace DApp with Farming and Utility Token

[PRESS RELEASE – 9th May, 2021, GENEVA] The ZooKeeper DApp launched on April 16th is already taking the market by storm with a new marketplace that uses gamification and Yield farming to create an NFT experience unlike anything seen before.

Yield Farming Aggregator Don-Key Gears Up for an IDO On SuperStarter

One of the promising decentralized finance (DeFi) platforms, Don-key, has raised fresh capital for expanding its product lineup.

Bank of Japan Identifies DeFi Pros & Cons, Mentions Uniswap, Yield Farming

The Bank of Japan headquarters.

New to DeFi? LP Royale Launches New Educational Game for Liquidity Providing

APY.Vision, an all-in-one liquidity pool analytics and yield-farming rewards tracking tool, today announced the exciting launch of a new game called LP Royale.

The First AMM, Integrated with AI-Smart Contract Generator on BSC

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Decentralized finance startup, Artichain.finance, known for being the first automated market makers (AMM) that integrated yield farming with artificial intelligence-smart contract is now running on Binance Smart Chain, with lots of other features that let you earn and win tokens. This artificial

Everyone Can Earn Passive Income with Covesting Yield

Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer.

Cometh passes $6M in Daily Trading volumes on ComethSwap

Cometh, a DeFi-powered game with yield-generating NFTs has crossed the $6,000,000 mark in daily trading volume on ComethSwap.

Formation Fi Closes $3.3M Strategic Sales From Early DeFi Unicorns To Build the Smart Yield Farming 2.0 Framework

May 4, 2021 – Hong Kong, Hong Kong Formation Fi, a startup aiming to revolutionize DeFi portfolio construction, has completed $3.3 million in a strategic sale round.

DeFi Yield Protocol (DYP) Launches DYP Earn Vault

Leading yield farming platform DeFi Yield Protocol has launched its highly anticipated DYP Earn Vault.

Yearn Finance Launches New Vault, While YFI Retakes Bullish Momemtum

Popular DeFi protocol Yearn Finance has launched a new product, a yield generator called yvBOOST.

NFT whale Flying Falcon sponsors 50 Axie Infinity gamers

Profits generated through the sponsorship program will be distributed among the gaming guild’s members. NFT gamers can now receive a scholarship through a new program that has been backed by some of the industry’s biggest investors. Pseudonymous digital landowner and crypto whale, “Flying Falcon,” has been the first to contribute to the “Sponsor-A-Scholar” program set up by open gaming community, Yield Guild Games, or YGG.

Dogecoin Fan Mark Cuban Bets $1 Million on Crypto’s Long-Term Value

A Twitter debate with a wealth management firm head sees Cuban agree to bet a big chunk of change in a smart contract—which he plans to yield farm, no less.

PrimeXBT Enters DeFi Space With Yield-Generating Accounts

NFTs have recently become the talk of the crypto industry, yet they still don’t even come close to DeFi in terms of the total value generated or the amount of capital involved.

NFT Platform SuperFarm Introduces Native SuperStarter Launchpad

April 29, 2021 – Los Angeles, CA SuperFarm, the NFT platform specialized in supporting NFT and fungible token yield farming, has announced the upcoming launch of SuperStarter, its native crowdfunding platform aimed at bringing the next tier-one projects to the SuperFarm community.

Passive Income, A Unique Blockchain Token Re-Imagining DeFi Yield Generation

DeFi has brought several new functionalities to the crypto world.

Polygon’s New $100M Fund Aims to Attract Next Million Defi Participants

As part of its ongoing efforts to make the decentralized finance ecosystem more accessible through infrastructure development, this layer2 scaling solution has introduced a $100 million fund designed to lower the barriers to entry for yield farming and lending.

QuickSwap (QUICK) gains 420% as Polygon’s (MATIC) L2 network attracts new liquidity

Low fees and high yield opportunities briefly pushed QuickSwap price above the $1,000 mark as the Polygon-based layer-2 solution sees adoption from new blockchain projects. As the Ethereum (ETH) network progresses along the slow and steady path toward Eth2 and the full transition to proof of stake, layer-2 solutions have arisen as the best solution to the current challenges associated with high gas fees and network congestion.  One L2 solution that has emerged as a top choice for DeFi projects and traders is Polygon (MATIC), which over the past week, has seen its price climb toward new highs due to a surge in activity at its QuickSwap decentralized exchange. MATIC/USDT 4-hour chart.

Balancer v2 and Gnosis' 'CowSwap' take aim at MEV with planned integration

The two protocols will collaborate on a joint platform that will combine the best features of each. Decentralized exchange Balancer and decentralized finance platform Gnosis have announced today a planned integration dubbed the Balancer-Gnosis-Protocol, a collaboration that will combine Balancer’s v2 pool mechanisms with Gnosis’s DEX aggregation and batch auctions designed to mitigate miner extractable value, or MEV.  Balancer’s v2, which is currently live for developer testing, was announced in February and boasts a host of new features: All liquidity will be pooled into a single vault for gas efficiency, unused liquidity will be put to work on lending platform Aave for additional yield, and users will be able to build their own automated market makers with customizable curves.

Yearn Finance Expects Treasury Yield-Farming to Boost Their Revenue

Yearn Finance (YFI)'s recently launched yield-farming with Treasury assets is making "significant amounts" in revenue and is expected to bring forth "an increasing amount" going forward, the yield-aggregator protocol said in its Q1 report.

Kalmar Launches Leveraged Yield Farming Platform and Upcoming Airdrop

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Kalmar, a decentralized bank running on Binance Smart Chain, has launched its first DeFi product - their leveraged yield farming platform.

Zookeeper: A new NFT based Yield Farming DApp

On April 10th, 2021, the ZooKeeper DApp emerged on Wanchains mainnet to complement another Wanchain community DApp, Wanswap.  ZooKeeper is a gamified yield farming DApp built on Wanchain, where th The post Zookeeper: A new NFT based Yield Farming DApp appeared first on AMBCrypto.

mStable launches on Polygon, hopes to attract defi users 'priced out' of ETH

mStable has launched its savings account, stablecoin, and swap services on Polygon to reduce fees. Defi-yield protocol mStable has become the latest to embrace second-layer scaling solutions, announcing its deployment on Polygon (formerly known as Matic) today.  mStable’s interest-generating savings account, two of its “risk minimized meta-stablecoins,” and asset swapping features are now live on Polygon, offering its users reduced fees when compared to its Ethereum mainnet deployment. 1/ mStable has launched on Polygon @mstable_ offers @0xPolygon users another source of USD and BTC liquidity, a DeFi-native savings account and two risk minimised meta-stablecoins.Get started: https://t.co/aLx10WWwENLearn more / Guide: https://t.co/e5G36VBJip— mStable (@mstable_) April 26, 2021 Polygon is a layer-two network that processes transactions on its sidechain before bundling them together into the next block produced by the Ethereum mainnet. In an April 27 announcement, mStable emphasized the barrier posed by Ethereum’s recent gas fee crisis to the DeFi sector’s mission to democratize finance: “With savings rates at near zero in traditional finance, there exists an enormous latent demand for a secure, dependable and high yielding savings account.

Why Aave Is Bringing Yield Farming to Its DeFi Platform

The DeFi protocol has seized upon a way of getting users to migrate to its updated v2 platform: pay them more.