Last Week in DeFi - Aug. 24th, 2020
Welcome to the first edition of Last Week In DeFi a newsletter recapping the most important events from the DeFi industry last week.
Follow us on Twitter at @readforked
DeFi News - Aug. 24th, 2020
- The DeFi industry is nearing $7B in value locked up
- Nexus Mutual reached 100K ETH MCR, which now means they write 20k ETH of cover on any contract
- dYdX integrates with Starkware StarkEx privacy preserving scaling solution
- YAM migrating from V1 to V2
- yEarn is worth more than a bitcoin and adds yInsurance for KYC-less yValuts
- Synthetix announces a upcoming launch of synthetic futures
- Opyn is live again, following an exploit with two new put options
- Aragon launches ANT/ ETH pool on Balancer to provide farming rewards
- Compound upgrades cUSDT Interest Rate Model
- Zapper.fi teases Zapper Protocol
- Synthetix changed the collateralization ratio from 700% to 600%
- Balancer proposes to introduce Liquidity Staking
Follow us on Twitter at @readforked