The Synthetix protocol, which was launched in September 2017, allows users to mint and trade derivative tokens called Synths. Recent integrations and upcoming releases have significantly strengthened Synthetix protocol’s position: Recent integration with 1inch is driving up the utilization of the protocol on ETH mainnet Several protocols integrated with Synthetix on Optimism, a L2 solution … Read more
A governance proposal to create a crypto-backed stablecoin on the Aave protocol has been unanimously approved by the Aave community in a snapshot voting which lasted till Sunday. On July 7, 2022, a proposal was introduced by Aave Companies (development team of Aave protocol) for the launch of GHO, an overcollateralized and US dollar-pegged stablecoin. … Read more
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Chainlink just announced the first part of what has been branded as “Chainlink Economics 2.0”. The announcement explains a revamp of the current LINK staking mechanics. The planned roadmap includes new staking features such as stake slashing and redistribution, user fee … Read more