The proposed Spark Protocol will leverage MakerDAO’s DAI stablecoin and its crypto assets for liquidity, and would be based on lending protocol Aave’s upgraded smart contract system.
1754 Factory, the originator of the debt pool with the most distressed loans, said it is liquidating the assets off-chain and negotiating with borrowers for repayments.
The official reason given by Friktion officials for the shutdown was that costs outpaced revenue, creating challenging economics for the Solana-based project.
After defaults and a major overhaul, crypto lending protocol Maple Finance moves away from uncollateralized lending toward bringing yield-generating real-world assets to crypto investors.
Uniswap community members chose Wednesday to reform the voting process on the popular decentralized finance De Fi protocol in an effort to make it easier to change the way the system is governed The Hash hosts discuss what this means for the Uniswap ecosystem in the latest move in the latest story illuminating the power [...]