I know everything I am looking for is here, watch movies, watch series, education, games, exams, news, current events and many more.
“# Compound refused to compensate victims of unfair liquidation — Here’s why ” On Dec. 14, the majority of the Compound Finance governance community voted against a proposed compensation plan for users affected by the Dai (DAI) liquidations that occurred on Nov. 26. Figures from the Compound governance dashboard show 681,290 votes against with only…
“# Compound liquidator makes $4M as oracles post inflated Dai price ” The crypto market suffered a powerful crash on Thursday morning UTC, which sent prices of major currencies like Bitcoin (BTC) and Ether (ETH) tumbling in excess of 10%. When traders rush for the exits, the price of stablecoins generally increase as the demand…
“# Cheese Bank’s multi-million dollar hack explained by security firm ” An Ethereum-based decentralized finance, or DeFi, platform known as Cheese Bank recently suffered a $3.3 million loss — the product of an early-November hack. The thieves utilized a somewhat newly-found weakness in the DeFi sector which harnesses flashloans. The Cheese Bank thieves stole the…
“# Some loans on Maker are never liquidated, prompting debt auction overhaul ” The Maker community is looking for solutions after an analysis by B.Protocol suggests that it is possible to exploit the liquidation system to create under-collateralized debt. The researchers created small vaults for $128, just above Maker’s “dust” parameter that defines the minimum…
“# Yield farming fuels 623% growth in DAI supply to nearly $1B ” Decentralized finance’s (DeFi) explosive third-quarter brought significant growth to Ethereum (ETH)-compatible stablecoins. According to crypto market data aggregator Messari, the supply of MakerDAO’s DAI stablecoin grew by 623% in Q3 2020, pushing the token’s value above $1 for four consecutive months. Since…