News
Hardcore decentralized finance (DeFi) adherents woke up today to a long-awaited sight on Coingeckoâs top 100 rankings by marketcap: native tokens for popular DeFi platforms Synthetix and Aave have cracked into the top 20, an event DeFi observers have heralded as âThe Great Repricing.â
DeFi investors, users, and builders have long argued that the sector writ large is wildly undervalued relative to other cryptocurrency projects given DeFiâs growing userbases, cash flows from protocol fees, and soaring levels of activity compared to âzombie chainâ layer-1 networks scattered throughout the top of the marketcap rankings.
Aave and Synthetix have broken the top 20 and passed Tezos and Tron in marketcap.
No More Fickle Pickle Success: SpaceSwap Shadow Staking Is Here to Change the Game
Dec 10 2020 · 17:06 UTC by Julia Sakovich · 5 min read
Photo: SpaceSwap
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Right now, the whole community is waiting for a DeFi remedy to be created and Shadow Staking could possibly become the DeFi safety standard in this sphere.
Recently, the DeFi protocol Pickle Finance has been hacked for almost half of its value, losing $20m dollars in $DAI. Though the crypto experts state that the hack method is still unknown, many professionals assume that the classic flash loan attack is behind the hack.