DAI

Spool deploys on Arbitrum One to expand simplified, risk-managed DeFi access for over 2.4 million unique addresses

[vc_row][vc_column][vc_column_text] As Spool deploys on its first layer-2 blockchain, users on Arbitrum One can now build auto-rebalancing and auto-compounding DeFi portfolios with unparalleled customization, risk management, and diversification. [/vc_column_text][vc_images_carousel images="1807525,1807526,1807524,1807523,1807522" img_size="full" hide_prev_next_buttons="yes"][vc_column_text]February 2023— Spool, the DAO platform allowing institutions and users to build seamlessly customizable, risk-managed DeFi yield portfolios, launches on Arbitrum One, its first alternative blockchain to Ethereum mainnet. As the leading layer-2 blockchain in total value locked (TVL), the Arbitrum One integration brings Spool’s Smart Vault creation tool and six strategies to the network’s user ecosystem, which boasts

Spool launches its Smart Vault tool to radically simplify risk-managed yield portfolio creation

Created to alleviate DeFi investment obstacles, Spool’s flagship service empowers individuals and institutions to easily build diversified, risk-adjusted yield portfolios that are auto-compounding and auto-rebalanced. September 2022— Spool, the DAO creating a platform to build seamless DeFi products for investors of all backgrounds, launches its Smart Vault creation tool. Smart Vaults enable individuals and institutions to create customizable and diversified yield portfolios. Through a 5-step Smart Vault, or “Spool,” creation process, users can tailor all aspects of their portfolio, including assets, risk models, strategies, and allocations, to their goals. Digital

The Evolution of AMMs

The Complex History of the Future of Finance Author: Benny Attar Ever since the dawn of financial history, markets had to be made. Tracing back to 17th century spice trading where intermediaries bought and sold shares to offer investors higher liquidity, market making has evolved tremendously. Through equities, foreign exchange rates, and even physical assets, market makers today provide liquidity and are ready to buy any asset at publicly quoted prices. However, as time passes, financial markets evolve alongside it. The past several years, we’ve seen an incredible increase in

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols

On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes to Expand Terrausd’s Reach Across 5 Protocols At the time of writing, Terra’s terrausd (UST) stablecoin is the fourth-largest U.S. dollar-pegged token among all the stablecoins in existence. It is also the largest decentralized algorithmic

Polis Enters the DeFi Space, Launching Smartchain, DEX and BSC Bridge

Press Release: Polis is launching its first-ever blockchain, PolisChain, allowing users to benefit from its purpose-built DEX and Yield Farming. November 15th, 2021, Mexico City, Mexico – Polis, the project behind decentralized payments platform PolisPay, is announcing the launch of PolisChain, its first native blockchain to power the Polis ecosystem, which includes the Olympus network. The new chain represents a significant move for the ecosystem, signalling the project’s ambition to increase adoption with a particular focus on the fast-growing decentralized finance (DeFi) space.  Coinciding with this announcement, the team behind

What is Dragonbite? (BITE)

DragonBite is an open decentralized asset management platform for customers to store and swap all digital assets in one app. Retail customers have always been big fans of loyalty programs, not only to express their approval of a product or a service but also because of the exciting perks that come with them. The problem is, the rules of these programs are often restrictive, and their rewards are too limited resulting in slim benefits for consumers, which they cannot enjoy. Fortunately, blockchain can change all of this.  Table of Contents Background 

Bringing Together NFTs, Sustainability and Music With OneOf CEO Lin Dai

BeinCrypto spoke to Lin Dai, CEO and co-founder of OneOf. The platform aims to transition music ownership and sharing into the future with its unique “green” non-fungible token (NFT) offerings. Sponsored Sponsored NFTs are no longer a fad or a hype. Rather, they have cemented themselves as a bona fide part of the future of blockchain products. While most NFTs revolve around art, music is not far behind. This industry is catching up and benefiting from this new tokenization strategy. Sponsored Sponsored However, since most NFT marketplaces are geared towards

Poly Network hacker returns less than 1% of the $600M theft

These transfers have occurred across the three wallets associated with the Poly Network hacker across the Ethereum, Binance Smart Chain (BSC) and Polygon networks. Poly Network confirmed receipt of the returned funds via a tweet issued on Tuesday.Details from Etherscan show that $2 million worth of Shiba Inu (SHIB) and $616,000 in Fei USD (FEI) tokens are being returned.So far, we have received a total value of $4,772,297.675 assets returned by the hacker.ETH address: $2,654,946.051BSC address: $1,107,870.815Polygon address: $1,009,480.809 pic.twitter.com/bPFAQk4mvS— Poly Network (@PolyNetwork2) August 11, 2021Data from BscScan also shows the