The XRP Ledger’s automated market maker (AMM) has achieved a total value locked (TVL) of over 7 million $XRP, according to DeFi analytics platform DeXfi. The TVL has increased significantly in just a few weeks, with more trading pairs with XRP and larger inflows contributing to the growth of the locked assets. The locked assets, […]
Amidst the turmoil within the Terra Luna Classic (LUNC) network, a contentious debate has emerged over the creation of a CEO role to navigate the network’s current crisis. Advocates of this proposal assert that LUNC’s extreme decentralization hinders its survival prospects. Citing the absence of a clear leadership structure as a hurdle to effective decision-making […]
In a bid to embrace the principles of decentralization and democratize the financial system, the USTC Quant Team has presented their groundbreaking proposal, known as 11597. To allow individuals to have a say in shaping the future of money, this proposal is now up for a vote, urging all stakeholders to make their voices heard. […]
Decentralized finance, commonly referred to as DeFi, is an emerging area of the cryptocurrency space that seeks to provide financial services and products in a decentralized manner. Unlike traditional finance, which is centralized and dominated by large financial institutions, DeFi operates on a blockchain network, providing users with a more accessible, transparent, and secure way […]