📰 Decentralise Daily #116
Decentralise is the daily DeFi newsletter breaking down the latest news and developments.
DeFi (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 the latest news and market highlights direct to your inbox.
📊 Market Highlights:
🍠 Yam Finance Announce uSTONKS
uSTONKS is a collaboration between Yam Finance and UMA.
The token will be a synthetic pegged to the price of the ten most bullish stocks according to the Wall Street Bets subreddit.
Liquidity providers are going to be incentivized with both YAM and UMA available to earn.
🥧 PieDAO
Decentralise is sponsored by PieDAO, the community governing tokenised indices.
PieVaults are an industry first, diversified yield aggregators capable of multiple farming strategies.
PieDAO just migrated their large cap index DeFi+L to a PieVault architecture, unlocking native staking and lending across Aave, Cream and Compound.
🐣 DoDo V2 Exploited
DoDo has been exploited by an attack that reportedly allowed fake coins to be sold, with $2m lost.
The exploit was connected with V2, and all V1 funds are said to be safe.
💰 Yearn’s YFI Vault
Yearn’s YFI vault has returned, yielding over 200% APY.
The strategy is farming with Big Data Protocol.
🗞️ Previous Newsletter
MurAll Paint Airdrop, Decentral Games and Atari, MultiChain Updates
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