# PowerPool launches ‘meta-governance token’ for Yearn ecosystem

# PowerPool launches ‘meta-governance token’ for Yearn ecosystem

“# PowerPool launches ‘meta-governance token’ for Yearn ecosystem ” PowerPool, a project exploring the utility of Ethereum-based governance tokens, has launched YETI — an index and “meta-governance” token for the Yearn.finance ecosystem. YETI was conceived by Messari’s Ryan Watkins, who published the proposal for a Yearn Finance ecosystem index token to PowerPool’s governance forums on…

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# DeFi leader’s mishap sees his Eth2 validator subjected to ‘continuous slashing’

# DeFi leader’s mishap sees his Eth2 validator subjected to ‘continuous slashing’

“# DeFi leader’s mishap sees his Eth2 validator subjected to ‘continuous slashing’ ” One of the most prominent figures in the decentralized finance community has suffered validator penalties on the Ethereum 2.0 network after a mishap with his DappNode’s power button. DeFi protocol Synthetix founder, Kain Warwick, reported on Twitter that he’d discovered that his…

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# Algorithmic stablecoin project Neutrino launches staking for its governance token

# Algorithmic stablecoin project Neutrino launches staking for its governance token

“# Algorithmic stablecoin project Neutrino launches staking for its governance token ” The Neutrino Protocol, a project building algorithmic cross-platform stablecoins, announced Tuesday the launch of staking rewards for its governance and utility token, NSBT. Neutrino uses an innovative mix of collateral backing and algorithmic supply changes to create a wide range of fiat-pegged stablecoins….

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# The butterfly effect: Why DeFi will force BTC to break its 21M supply ceiling

# The butterfly effect: Why DeFi will force BTC to break its 21M supply ceiling

“# The butterfly effect: Why DeFi will force BTC to break its 21M supply ceiling ” 2020 was unequivocally the year of decentralized finance. Driven by surging interest and striking breakthroughs, DeFi protocols accelerated financial innovation while reshaping the blockchain landscape. Buoyed by innovations in cross-chain asset gateways and DeFi protocols, Ethereum has attracted a…

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