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How DeFi Season Could Send YFI To $270,000 Per Token

How DeFi Season Could Send YFI To $270,000 Per Token When Andre Cronje released Yearn Finance (YFI), the DeFi fever was brewing. Two events converge and launched the sector into full madness: Uniswap’s UNI airdrop and governance token YFI breaking every foreseeable resistance to reach $30,000. At that moment, Bitcoin was trading at approximately $10,000. Now, after a downtrend, YFI seems ready to reach new highs. YFI is trading at $51.386 with 15.4% profits in the 24-hour chart. Over the week, YFI is up 15.9%. YFI with bullish momentum in the 24-hour chart. Source: YFIUSDT Tradingview Data from DeFi Pulse point to a highly bullish outlook for DeFi. Picking up the upward momentum from February 2021, the DeFi ecosystem has an all-time high Total Value Locked of $57.9B. Top 3 protocols Compound, Maker, and Aave hold over $20B alone.

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Binance Lab Leads Strategic Seed Round for DeFi Highflier MOUND

Binance Lab Leads Strategic Seed Round for DeFi Highflier MOUND Share Article Creator of Leading DeFi Platform, Pancake Bunny, Receives Investment from Binance Labs, IDEO CoLab, SparkLabs Korea, and Andrew Lee (Co-founder of Handshake and London Trust Media) “Innovations such as Cross Chain Collateralization and Smart Vaults expand our reach to Ethereum and beyond, bringing us one step closer to realizing our vision to put the power of Defi in everyone’s hand, said Jun Hur, CEO and Co-Founder of MOUND. SEOUL, South Korea (PRWEB) April 12, 2021 Binance Labs, the venture capital arm and incubator of Binance, has led the recent $1.6 million round of strategic investment in MOUND, the innovative team behind Pancake Bunny. Launched in December 2020, Pancake Bunny delivers an engaging Defi experience that is informed by decades of product design and live service expertise. Today, Pancake Bunny is one of the lea

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Compound Records TVL of over $10 Billion

Compound Records TVL of over $10 Billion
insidebitcoins.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidebitcoins.com Daily Mail and Mail on Sunday newspapers.

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DEX Leader MDEX Integrates Binance Smart Chain

DEX Leader MDEX Integrates Binance Smart Chain
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DEX Leader MDEX Integrates Binance Smart Chain (BSC)

DEX Leader MDEX Integrates Binance Smart Chain (BSC) April 08, 2021 09:51 ET | Source: MDEX MDEX MDEX has integrated Binance Smart Chain (BSC), officially completing the deployment today April 8 at 8.30 PM (UTC + 8). Five seconds after integration, MDEX reports a TVL (Total Value Locked) of more than USD 0.5 billion. The BSC integration includes functionality in liquidity mining, single token staking, transaction mining and cross-chain asset services. Users can now use the MDEX Bridge to realize cross-chain interoperability between Heco (Huobi Eco-Chain), and BSC. BSC and Heco Solve Issues of Congestion and High Fees on Ethereum According to MDEX CTO Sky, after Heco, BSC integration was always the plan.

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