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Reading: At the moment in DeFi – Binance to Transfer Away from BUSD, rETH Stay on Aave, Threat-Remoted Lending, and Extra…
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CryptoCompass > Blog > DeFi News > At the moment in DeFi – Binance to Transfer Away from BUSD, rETH Stay on Aave, Threat-Remoted Lending, and Extra…
DeFi News

At the moment in DeFi – Binance to Transfer Away from BUSD, rETH Stay on Aave, Threat-Remoted Lending, and Extra…

Staff
Last updated: 2023/02/19 at 10:47 AM
By Staff 1 month ago
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1 Min Read
Today in DeFi - Binance to Move Away from BUSD, rETH Live on Aave, Risk-Isolated Lending, and More...

Binance CEO tweeted that Binance will transfer away from utilizing BUSD as the primary buying and selling pair because the workforce foresees customers migrating to different stablecoins over time.

Issued by Paxos, BUSD is the primary buying and selling stablecoin on Binance. Paxos will halt issuing extra BUSD in compliance with NYDFS’ order. The remaining BUSD will probably be supported by Paxos and redeemable til a minimum of Feb 2024.

RocketPool’s staked ETH is now obtainable as collateral on Aave v3 market.

Canto governance submitted two proposals to replace inflation parameters. If handed, one will cut back safety emissions by 30%, and the opposite will allow a ~30% discount in liquidity mining rewards

Calderal raised $9m from VCs together with Sequoia, DragonFly, and many others. Caldera is a platform for constructing EVM-compatible, customizable rollups with out coding.

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Staff February 19, 2023
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