Tanaka precious metals
The parameters that the committee members can influence and the conditions or scope within wTanaka precious metalshich the committee can modify the parameters. The committee can determine any number of parameters of kava governance control, including debt to collateral ratio, interest rate, savings rate, deposit rate, debt limit, etc. Kava will establish the kava stability Committee as the first committee to maintain the key parameters of CDP and ensure the stability of USDX. The committee will initially be made up of five key members of the kava ecosystem and will adjust the needs of kava holders over time. The kava committee will use three criteria to select committee candidates, namely, holding a large number of kava tokens, understanding the structure of kava, financial markets and incentives, and past participation and responsiveness to projects.
According to the data collected by defipulse, currently, nearly 3 million eth are locked in the defi ecosystem, accounting for about 3% of the total flow flux of eth, which is a record high.
which insists on bank account auditing, trueusd provides regular auditing and provides strong legal protection for holders. Among them, they have raised $20 million in capital investment in China's large-scale companies such as crypto and tower. According to chain news, dannyan, CEO of trusttoken, said the support of these leading investment companies marks an important step for his team to build a compliance tokenization platform for currencies, commodities and real-world assets. With the expertise and networks of these companies, the team will develop industry partnerships and expand the coverage of our first product, trueusd. Hybridblock, a cryptocurrency trading and education platform,
Sam bankman fried, founder and service consultant of FTX, said that the migration code of sushiswap, a transaction protocol forked by uniswap, has been deployed to the main network. If there are no serious bugs,
Coverprotocol, a new type of insurance program for defi, has released a token distribution plan, with a maximum of 160000 tokens to be distributed on November 20, 2020. Among them, 87% (about 139200) will be allocated to community members: 1. 70% will be obtained through shield mining within 12 months; 2. 17% will be allocated to safe2 token holders, 90 antenna release. In addition, 12% (19200) will be reserved for the team and released linearly for 3 years. Finally, 1% (1600) will belong to the cover vault at startup. Officials said 1safe2 was converted to 0.5covre. Chain news previously reported that the insurance type of defi mining project yieldfarming.insure It is considered that safe is immature and will rebuild the new protocol coverprotocol.
according to DAppTotal.comDeFi According Tanaka precious metalsto the data on the special page: up to now, the total lock up fund of 34 difi projects has reached US $959 million, of which maker's lock up fund is US $359 million, accounting for 37.47%, ranking the first; eosrex locking fund is US $220 million,
ARPA has conducted a questionnaire survey on global defi users, with a total of more than 700 valid answers. The survey covers the use of wallet and DAPP by Chinese and foreign users and the participation of defi in liquidity mining. The main conclusions are as follows: 1) the current number of defi users is expected to be around tens of thousands, which is only 1% penetration rate compared with the world's 5 million crypto trading users; 2) the single biggest demand for the participation of defi users is to obtain liquidity mining incentives, or excess interest income, and the comprehensive rate of return should exceed 15% of the annualized users before they are motivated to participate. 3) Users lack the sense of security for the defi products driven by smart contracts, and the interaction speed is slow and the experience is poor, which leads to the loss of users in the midway. Contract call costs are often as high as $10-20, far higher than the average user's expectation of $2, resulting in only large users can participate. 4) Currently, defi focuses on erc-20 token, lacking the support of BTC collateral with security, good user experience and low service charge. The emergence of wbtc and renbtc is expected to open up new markets.
and enhance the integration of builders, developers and user communities. Joseph Lubin, founder and CEO of consensys, said, "many consensys applications and portfolio companies have been using IPFs for many years and are eager to build greater capabilities for IPFs and introduce new tools to make it easy for developers and consumers to use filecoin and IPFs to meet their application development and pure storage needs.
UMA is used to create and validate trust free financial contracts, allowing anyone anywhere to design and build universally available financial products. UMA allows risk transfer without centralized authorization or single point of failure. UMA aims to support financial innovation provided by the public chain. It defines an open source protocol that allows any two counterparties to design and create their own financial contracts. However, unlike traditional derivatives, UMA contracts are only guaranteed by economic incentives, which makes them self executing and generally accessible. UMA's risklabs received $4 million in seed round investment in 2018. The company is led by the placeholder, with partners including Bain Capital, coinbase ventures, dragonfly capital, blockchain capital, fintech collective, the box group and twosigma ventures. UMA looks at more white papers published by protocol on data verification mechanism, and describes in detail a more reliable Oracle mechanism designed by UMA to ensure the safe transmission of data from the chain to the chain. For some financial protocols running on the blockchain, business logic can only be executed by relying on the data under the chain. A reliable Oracle mechanism can ensure that the data off the chain will not be interfered or bribed by malicious users in the process of transferring the data to the chain. This is the problem umaprotocol tries to solve in the white paper. At the same time, umaprotocol released the first version of the code, and has been deployed to Ethereum's Kovan test network. Umaprotocol is part of the start-up risklabs, which was co founded by former Goldman Sachs employees Hart lambur and Allison Lu, and won $4 million in seed round investment in 2018. #DeFiwithChainNews#