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News
Stablecoins
RAI Founder Rues ‘Mistake’ of Dependency on ETH
Market Caps and Volume Crater for Stablecoins RAI and Liquidity USD
By Samuel Haig

The Tornado Cash sanctions case was alleged to be a lift for censorship-resistant, decentralized stablecoins. It hasn’t labored out that means.
Six months after the U.S. Treasury Department sanctioned the crypto mixer and triggered a wave of blacklisting throughout the sector, the market cap and buying and selling quantity for 2 key decentralized stablecoins are down.
Read the complete story in The Defiant
DeFi Lending
GHO to Arrive ‘In Weeks’ After Aave V3 Launch on Ethereum
Kuchelov Tells The Defiant Aave Stablecoin Will Boost Revenue
By Aleksandar Gilbert

Aave, the most important decentralized lending protocol, is anticipated to launch on Friday the most recent model of its software program on Ethereum, a transfer that can pave the way in which for its stablecoin, GHO.
Read the complete story in The Defiant
Sponsored Post
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“Net Return” refers back to the annualized inside charge of return internet of all charges and prices, calculated from the providing time limit to the date the sale is consummated. IRR is probably not indicative of Masterworks work not but offered and previous efficiency shouldn’t be indicative of future outcomes. See vital Regulation A disclosures at masterworks.com/cd.
SBTs
Soulbound Tokens Come Into Their Own With Pudgy Penguins Move
Buterin Big Supporter of Non-transferable Version of NFTs
By Samuel Haig

The seek for NFT utility past social media avatars and, at instances, questionable, digital artwork is inspiring many builders to discover the nascent area of soulbound tokens.
Read the complete story in The Defiant
DeFi Deals
MakerDAO Set To Deposit $100M In Bespoke Yearn Vault
Partnership Between DeFi Stalwarts Must Be Confirmed By Executive Vote
By Tarang Khaitan

The MakerDAO neighborhood has greenlit a proposal to deposit $100M of USDC from its Peg Stability Module (PSM), which holds reserve property backing the DAI stablecoin, right into a tailored noncustodial Yearn vault.
Read the complete story in The Defiant
Opinion
NFTs
NFTs Set to Go Local and Physical
As NFTs Enter “Phygital” Era Creators May Garner More Rights Over Their Work
By Lindsey Roussel

There’s no query that NFTs have turn out to be synonymous with hype — and with the booms and busts which are so inherently tied to the crypto sphere. Yet, NFTs are gaining new floor past the realm of NFT profile image (PFP) initiatives alone: the know-how behind digital collectibles provides creators extra choices than ever to interact with their neighborhood.
Read the complete column in The Defiant
Defiant Video
Daily Defiant
Why Uniswap desires Binance Smart Chain
Podcast Video
An Inside look into Solana After FTX’s Collapse
Sponsored Explainer
What is Vertex?
A Sponsored Primer on a Key Decentralized Trading Platform
By Rahul Nambiampurath

The FTX collapse injected doubt into the very idea of centralized platforms. In distinction, decentralized exchanges supply each transparency and self-custody. But how can DEXs bridge the liquidity hole that CEXs supply?
Read the complete explainer in The Defiant