Coinbase added three relatively new altcoins to its listing roadmap on Friday, putting the tokens on the potential path toward trading on the top US digital asset exchange. The firm could soon support Morpho (MORPHO), Popcat (POPCAT) and Pudgy Penguins (PENGU). Morpho is a decentralized lending protocol built on the Ethereum (ETH) blockchain. The project’s […]
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Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1 billion in stablecoin reserves.
The Aave community is deliberating the possibility of ceasing operations on Polygon, citing concerns over an upcoming review of the risk profile of bridged assets on the network.
A Dec. 13 proposal initiated by Aave chain founder Marc Zeller seeks the revision of risk parameters of instances in Aave v2 and Aave v3 on the Polygon network.
According to Zeller, the move is a response to a proposal on Polygon’s governance requesting to use over $1 billion in stablecoin reserves to farm on other protocols, like Morpho and Yearn.
A newly launched decentralized finance (DeFi) altcoin is surging after earning a surprise listing by top crypto exchange Binance. In a new announcement, Binance says that it is launching futures contracts with up to 75x leverage for Morpho (MORPHO), a decentralized lending protocol built on the Ethereum (ETH) blockchain. As the listing announcement went out, […]
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Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit from arbitrage. In the lending sector of defi, a lot has changed during the last 12 months as lending applications like […]