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“# DeFi tokens rally while Bitcoin bulls attempt to flip $19.5K to support ” The world’s negative-yielding debt has soared to over $18 trillion according to Bloomberg. In such times, it is no surprise that the decentralized finance space, a place where mouth-watering yields can be found, has become an investor favorite. Due to high…
“# Attack of the vampires: Uniswap loses 57% TVL as rivals up rewards ” With leading decentralized exchange Uniswap having ceased its yield-farming incentive program, rival automated market makers 1inch, SushiSwap and Bancor are snapping up liquidity providers with targeted rewards. On Nov. 17, the same day that Uniswap’s rewards ended, the cloned AMM SushiSwap…
“# Investors fight to keep Bancor securities case out of Israeli court ” Lawyers representing investors in a class action against BProtocol Foundation, parent company of decentralized liquidity network Bancor, have asked for the case to be tried in the United States rather than Israel. According to court records filed Nov. 2 in the U.S….
“# Bancor updates DEX to try a new approach against impermanent loss ” Bancor is updating its protocol once more to defeat the insidious issue of impermanent loss, which it earlier called “DeFi’s dirty little secret.” Impermanent loss, also called divergence loss, affects exchanges based on automated market makers like Bancor or Uniswap. It happens when…