DeFi Digest: Main Stories This Week ☑️
22.03.2021 - 28.03.2021After hovering near $45B for much of March, the DeFi ecosystem’s total value locked (TVL) slouched some $5B this week to its current position of $40B. That’s a definite downswing, but it shows you just how far DeFi’s come when we're pulling back to $40B. Not bad, right?
💡 And it is Monday today, so we want to share last DeFi stories with you:
🔘 Ruler Tokenomics Updates
Upstart lending project Ruler Protocol unveils an update to its RULER tokenomics, which among other things entails a supply reduction.
🔘 FLOAT and the Money Gods
Novel floating stable asset project Float Protocol compares its FLOAT token to other contemporary projects, like RAI and FEI.
🔘 Announcing The ALPHA Tokenomics
Alpha Finance Lab announces ALPHA tokenomics, which involves users staking ALPHA to earn fees accrued by the Alpha Finance ecosystem.
🔘 Hop: Send Tokens Across Rollups
The Hop Protocol team introduces its plans for a scalable token bridge among Ethereum’s layer-two (L2) scaling solutions.
Introducing Kashi Lending & Margin Trading on SushiSwap’s BentoBox.The SushiSwap community unveils Kashi Lending, a margin trading platform powered by the BentoBox lending program.
🔘 Announcing Dragonfly Fund II
Dragonfly Capital launches a new $225M venture fund centered around investments in DeFi, NFTs, and beyond.
The DeFi market continues growing and we will continue watching it for you! AMPLIFY believes in keeping track of the market.and staying up to date with trends.
