š° Decentralise Daily #107
DecentraliseĀ is the daily DEFI newsletter breaking down the latest news and developments.
DEFIĀ (Decentralised Finance) is a revolutionary movement built on Ethereum providing open financial tools for a global audience.
The space moves at lightning pace, so subscribe to get theĀ latest newsĀ andĀ market highlightsĀ direct to your inbox.
š Market Highlights:
āļø RAI Mainnet Launch
RAI from Reflexer Labs is a non pegged stablecoin that uses both positive and negative rates to keep a āmoving pegā.
Previously the mainnet demo Proto RAI maintainted a price between $1.937 and $2.06, less than a 4% range while ETH price went from $400 to $1400.
Uniswap V2 liquidity incentives are expected to be announced shortly.
š„§Ā PieDAO
Decentralise is sponsored byĀ PieDAO, the community governing tokenised indices.
PieVaultsĀ are a new product range, diversified yield aggregators capable of multiple farming strategies.
The first PieVaultĀ YPIEĀ gives complete exposure to the Yearn Finance Ecosystem.
MintĀ YPIEĀ gas-free withĀ Oven.
ā Inverse Finance Penalise Non-Voters
Inverse Finance have drawn controversy by announcing they will penalise token holders who do not participate in governance.
š° Crypto Punk Sells For 650 ETH
An ape Crypto Punk has sold for 650 ETH, worth a record-breaking $1.25M.
Following a recent surge in in NFT markets the floor price for the cheapest Punk is now 13.5 ETH.
Hashmasks have also seen incredible traction recently, with recent sales as high as 420 ETH.
Unique masks, unicorns (12 available), and dragons (47 available) are leading the mask market.
šļø Previous Newsletter
Alpha Homora Exploit Post Mortem, Yearn Rewards, NFT DEX Launch Approaching
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Join the PieDAOĀ community.